Economic

IMF Downgrades Global Economic Growth Forecast Amid Rising Trade Tensions

The International Monetary Fund (IMF) has revised its forecast for global economic growth downward, citing escalating trade tensions and rising tariffs as key factors...

Iraq to Record 5% Non-Oil GDP Growth in 2024

Baghdad Iraqi Finance Minister Taif Sami announced today (Monday) that the Iraqi economy will record 5% non-oil GDP growth in 2024. The Iraqi News Agency (INA)...

The European Bank for Reconstruction and Development has invested more than €13.8 billion in the Egypt

The European Bank for Reconstruction and Development has invested more than €13.8 billion in the Egyptian economy since 2012 Cairo Rania Al-Mashat, Egypt's Minister of Planning,...

Gold Prices Decline Amid Dollar Strength and Rising Yields

Gold prices slipped today, trading near $3,230 per troy ounce, as the US dollar rebounded and Treasury yields climbed, exerting downward pressure on the...

OPEC+ Agrees to Accelerate Oil Output Hike for June

OPEC+ Moves Forward with Oil Production Increase Despite Market Uncertainty In a bold move, OPEC+ has decided to increase oil production by 411,000 barrels per...

Lucara Diamond Corp. Announces Strategic Shift in Karowe Underground Project Management

Lucara Diamond Corp. has unveiled a major restructuring in the management of its Karowe underground project (UGP) in Botswana, marking a pivotal shift aimed...

Kazera Global Secures Extended Diamond Mining Contract at Alexander Bay

Kazera Global has announced a major contract extension for its diamond mining operations at Alexander Bay, South Africa. The agreement, reached with Alexkor SOC...

Godrej Fund Management Makes Waves in Indian Real Estate

Godrej Fund Management, the real estate private equity arm of the renowned Godrej Group, is making significant strides in India's property sector. With a...

India and EU Set Goals to Finalize Free Trade Pact by End of 2025

Brussels, Belgium - India and the European Union (EU) have announced their shared commitment to conclude negotiations for a comprehensive free trade agreement by...

Commodity Prices Update: Energy, Metals, Agriculture, and Livestock Trends

April 29 — Global commodity markets witnessed mixed movements as key energy, metal, and agricultural prices fluctuated in response to shifting economic conditions. Energy Market Crude...

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