Economy

Updates on the local and global economy and financial markets.

Egypt Increases Economic Growth Projections Through 2029

The Egyptian government has revised its GDP growth forecast for the current fiscal year to 5.3%, up from 4.5%, as detailed in an official document reviewed by Asharq.

Mahmoud Khalaf

Startup Hark Attracts Talent from Major Tech Firms to Develop Advanced AI Solutions

Economy

Egypt Increases Economic Growth Projections Through 2029

Egypt Increases Economic Growth Projections Through 2029

Startup Hark Attracts Talent from Major Tech Firms to Develop Advanced AI Solutions

Trump Issues Executive Order to Safeguard Venezuelan Oil Revenue

Eni to Invest $100 Million in New Offshore Wells Near Port Said

IMF Highlights 2026 as Key Year for Saudi Economic Transition

Oil Tankers Return to Venezuela Amid U.S. Negotiations for Supply Agreement

French Central Bank Issues Warning on Budget Deficit Risks

U.S. Energy Secretary Highlights Changing Dynamics in Venezuela

Switzerland Freezes Maduro's Assets Following U.S. Arrest

U.S. Begins Global Marketing of Venezuelan Oil, Controls Revenue Flow

China Signals Competitive Stance Towards India in 2026 New Year Address

Egypt's Foreign Currency Reserves Reach Historic High in December

Trump Announces Major Oil Investments in Venezuela Amid Maduro's Detention

Russian Ruble Emerges as Top Currency Against the Dollar in 2025

Sovereign Wealth Funds Experience Unprecedented Growth in 2025

US Dollar Ends 2025 with Largest Annual Decline in Eight Years

Libya Achieves Highest Oil Production in a Decade in 2025

Argentine Peso Among the Worst Performing Currencies of 2025

Luberef Completes Major Maintenance at Yanbu Facility, Operations Set to Resume

Kuwait Launches Successful Debt Relief Campaign for Citizens