IMF Upgrades Egypt’s Economic Growth Forecast to 4.6% for FY2025/26

Egypt’s cosmetics market exceeds $900m in 2025, driven by strong demand

Egypt’s cosmetics and personal care market generated more than 900m in revenue in 2025, with projections indicating that it will expand to 1.57bn by 2032, reflecting sustained annual growth of around 7. The sector’s expansion is being fuelled by Egypt’s young population, rising interest in personal care among male consumers, and the growing influence of [] The post Egypt’s cosmetics market exceeds 900m in 2025, driven by strong demand first appeared on Dailynewsegypt.

Dubai’s economy grows 2.4% in Q1 2026 as UAE posts record foreign investment inflows

Photo Credit: WAM Dubai, UAE — July 2026 — Dubai’s economy continued its upward trajectory in the first quarter of 2026, with the emirate’s gross domestic product reaching AED 232 billion, a 2.4 percent increase compared to the same period last year, according to official figures released by Dubai’s Department of Economy and Tourism. Officials attributed the [] The post Dubai’s economy grows 2.4 in Q1 2026 as UAE posts record foreign investment inflows appeared first on Middle East News 247.

Egypt's Economy Grows 5.1% in 1st Nine Months of Fiscal Year: Planning Min.

Egypt's economy expanded by 5.1 during the first nine months of the current fiscal year, Planning, Economic Development Minister Ahmed Rostom said, signaling continued recovery despite a challenging global economic environment

IMF semak turun unjuran pertumbuhan ekonomi global 2026 susulan krisis Asia Barat

WASHINGTON: Tabung Kewangan Antarabangsa (IMF) menyemak turun unjuran pertumbuhan ekonomi dunia bagi 2026 kepada 3.0 peratus berbanding 3.1 peratus yang dibuat pada April lalu, susulan peningkatan ketidaktentuan dan risiko daripada konflik baharu di Asia Barat. Unjuran dalam kemas kini Prospek Ekonomi Dunia tersebut dibuat sebelum berlaku pertukaran serangan terbaharu antara Amerika Syarikat (AS) dan Iran ... Read more The post IMF semak turun unjuran pertumbuhan ekonomi global 2026 susulan krisis Asia Barat appeared first on Utusan Malaysia.

Scatec plans additional $5b investment in Egypt over next 2 years

Minister of Investment and Foreign Trade Mohamed Farid affirmed that Egypt is continuing to implement its economic reform programme to improve the business environment, enhance economic competitiveness and attract further investment in priority sectors, stressing that renewable energy and green industries remain key drivers of growth and exports. These remarks came during the minister’s meeting [] The post Scatec plans additional 5b investment in Egypt over next 2 years appeared first on Egyptian Gazette.

World Bank revises Ghana’s 2026 growth forecast upwards to 4.8%

The World Bank has revised Ghana’s economic growth forecast for 2026 upward to 4.8 per cent from the 4.6 per cent projected in January this year. The revised outlook, contained in the World Bank’s June 2026 Global Economic Prospects report, represents an increase of 0.2 percentage point and reflects continued confidence in Ghana’s economic recovery The post World Bank revises Ghana’s 2026 growth forecast upwards to 4.8 appeared first on Ghanaian Times.

IMF cuts 2026 world growth forecast, citing Iran war fallout

Global economy to grow 3 percent in 2026, as AI demand partly offsets energy shock from Iran war, IMF says.

AMOC’s Revises FY 2026 Budget Forecsts, Doubles Profit to EGP 2.1bn

The Board of Directors of Alexandria Mineral Oils Company (AMOC) approved a revised operating budget for fiscal year (FY) 2026, projecting an estimated net profit after tax of approximately EGP 2.099 billion. This updated forecast represents a substantial increase from the previously approved net profit target of EGP 1.024 billion. The revised budget projects sales [] The post AMOC’s Revises FY 2026 Budget Forecsts, Doubles Profit to EGP 2.1bn first appeared on Egypt Oil Gas.

ADB maintains Azerbaijan's economic growth forecast at 2% for 2026

The Asian Development Bank has maintained its economic growth forecast for Azerbaijan, projecting the country's economy to expand by 2 in 2026 and 1.8 in 2027, unchanged from its April outlook, AzerNEWS reports.

Auto components sector records turnover of ₹7.60 lakh crore in FY2025-26

Expects to grow by 8-10 per cent this fiscal, driven by continued domestic and exports demands, despite the geopolitical headwinds

Investopedia's Midyear Report: What You Should Know About the Economy in the Second Half of 2026

Investopedia's Midyear Report: What You Should Know About the Economy in the Second Half of 2026

Rising cost of essentials to push more Nigerians into poverty — IMF

Maintains forecast for Nigeria’s GDP at 4.1 in 2026, 4.3 in 2027 Says improved macroeconomic stability supports Nigeria’s economy By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has warned that rising prices of essential goods will deepen poverty and food insecurity in Nigeria despite improved macroeconomic stability, even as it maintained growth forecasts for [] The post Rising cost of essentials to push more Nigerians into poverty — IMF appeared first on Vanguard News.

Finance Minister: Better living standards remain government’s top priority

Minister of Finance Ahmed Kouchouk said that the government’s top priority is to ensure that economic growth delivers tangible improvements in citizens’ living standards, stressing that Egypt’s economy is in a stronger position and that reforms will continue to support sustainable growth. In his remarks at a meeting with investors hosted by Société Générale in The post Finance Minister: Better living standards remain government’s top priority appeared first on Egypt Independent.

Azebijan reports rise in oil exports to Tunisia in 5M2026

Azebijan reports rise in oil exports to Tunisia in 5M2026

Morocco’s Economy Expected to Grow 5.2% in 2026 as Central Bank Holds Key Interest Rate

Morocco’s economy is expected to accelerate from 4.9 growth in 2025 to 5.2 in 2026 before moderating to 3.1 in 2027 due to a base effect, according to projections released by Bank Al-Maghrib following the second quarterly meeting of its Board in 2026. In a statement issued after the meeting, the central bank said the ...

Net FDI inflows drop 2.4% to SR23 billion in Q1 2026

RIYADH — The General Authority for Statistics revealed on Tuesday that net foreign direct investment (FDI) inflows into Saudi Arabia declined by 2.4 percent year-on-year during the first quarter of this year, reaching SR 23.1 billion, compared with SR23.7 billion in the same quarter of 2025.The authority added that net inflows also fell by 51.9 percent compared with the fourth quarter of 2025, when they reached SR48 billion. Meanwhile, statistical data showed positive growth in total foreign direct investment (FDI) inflows into the Saudi economy during the first quarter of 2026, which rose to SR26.6 billion, marking a 2.4 percent increase from SR26 billion recorded in the first quarter of the previous year. However, total inflows declined by 49.9 percent compared with the fourth quarter of 2025, when they stood at SR53.1 billion.Conversely, outward foreign direct investment (FDI) flows increased significantly by 50.6 percent year-on-year during the first quarter of 2026, reaching SR3.5 billion, compared with approximately SR 2.3 billion in the first quarter of 2025.According to the authority, outward FDI flows declined by 31.8 percent on a quarter-on-quarter basis compared with the final quarter of the previous year, when they totaled SR 5.2 billion.

ANZ turns bullish on India: Raises FY27 growth forecast, sees rate hikes in August

India's economy expanded 7.8 per cent in the March quarter and grew 7.7 per cent in FY26. ANZ expects growth to rise further to 6.9 per cent in FY28

AI Coding Dominance Raises $8 Trillion Demand Questions As OpenAI And Anthropic Eye Public Markets (NYSE: UBER, NASDAQ: WMT, GOOGL, AMZN, MSFT, BABA)

Investors are beginning to question whether the artificial intelligence boom can sustain its expansion as OpenAI and Anthropic prepare to enter public markets. The central concern is that corporate AI spending remains heavily concentrated in coding, which may signal slower-than-expected adoption across broader business functions. Estimates suggest software development accounts for between a third and [] The post AI Coding Dominance Raises 8 Trillion Demand Questions As OpenAI And Anthropic Eye Public Markets (NYSE: UBER, NASDAQ: WMT, GOOGL, AMZN, MSFT, BABA) appeared first on Foreign Policy Journal.

Business : MBSB IB Upgrades GDP Forecast, Sees OPR Remaining At 2.75 Pct

KUALA LUMPUR, July 9 (Bernama) -- MBSB Investment Bank Bhd (MBSB IB) has revised up its 2026 gross domestic product (GDP) growth forecast to 4.5 per cent, underpinned by steady economic growth and well-contained inflation.

IMF cuts 2026 global growth forecast as Middle East war weighs on outlook

Global economy expected to grow 3 this year, down from April forecast of 3.1

AI in focus, Iran talks advance - What’s moving markets

AI in focus, Iran talks advance - What’s moving markets

Domestic economy posts healthy growth of 4.7% in 2025

The domestic economy grew by a healthy 4.7 last year, latest figures from the Central Statistics Office show.

IMF official: Global economy resilient but uneven across regions

Global growth is forecast at 3.0 percent in 2026, showing resilience despite the Middle East conflict, as technology-driven activity cushions the blow and produces widely varying outcomes across regions, according to an official with the International Monetary Fund (IMF). Deniz Igan, chief of the IMF Research Department's World Economic Studies Division, made the remarks after the IMF projected on Wednesday that global growth will slow to 3.0 percent in 2026 before recovering to 3.4 percent in 2027. #GlobalView