Economy
Stay ahead of the curve with our in-depth economy news. We cover everything from market trends and financial reports to economic policies and business news. Get the insights you need to understand the forces shaping the global and national economy.
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Major Reduction in Customs Duties at Gwadar Port to Boost Transit Efficiency
Pakistan's Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry, has announced significant reductions in customs duties at Gwadar Port to…
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European Central Bank Likely to Raise Interest Rates Twice in 2026 Amid Inflationary Pressures
Analysts predict that the European Central Bank will implement two interest rate hikes in 2026 as a response to rising…
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Central Bank of Egypt Adjusts Inflation and Growth Forecasts Amid Economic Challenges
The Central Bank of Egypt has updated its inflation and growth forecasts, anticipating higher inflation rates and lower economic growth…
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Egypt Set to Receive $300 Million from Asian Infrastructure Investment Bank
Egypt is poised to secure $300 million from the Asian Infrastructure Investment Bank to bolster its external financing needs. This…
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Turkey Extends Short Selling Ban to Stabilize Financial Markets Amid Economic Challenges
The Turkish Capital Markets Authority has extended the short selling ban on stocks until May 26, aiming to stabilize financial…
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China’s Shipbuilding Sector Achieves 46% Growth in Q1 2026, Reinforcing Global Dominance
China's shipbuilding industry reported a 46% increase in production for the first quarter of 2026, reinforcing its position as the…
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Central Bank of Yemen Issues Urgent Warning Against Houthi-Backed Illegal Auctions
The Central Bank of Yemen has issued a warning to citizens and businesses, cautioning against illegal transactions involving bank assets…
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Oil Prices Surge Amid Escalating Middle Eastern Tensions
Oil prices have risen sharply due to renewed tensions in the Middle East. This surge reflects mounting investor concerns and…
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China Achieves Significant Trade Growth Amid Global Tensions
Despite rising tensions, China has reported impressive growth in foreign trade for April, with notable increases in both exports and…
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Central Bank of Russia Adjusts Exchange Rates for Dollar, Euro, and Yuan
The Central Bank of Russia has announced a reduction in the exchange rates for the dollar, euro, and yuan against…
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