MEPs Approve Financial Support for Egypt and Jordan: Key Developments
The European Parliament's International Trade Committee has approved €4 billion in loans for Egypt and €500 million for Jordan to...
Business
Malawi’s Economic Crisis Triggers Protests Ahead of Elections
Malawi faces widespread protests due to soaring prices and stark economic challenges, with inflation hitting 30%. Demonstrations, led by vendors,...
Iraq’s Economy Growth of 1.4% Signals Modest Recovery
Iraq's economy grew by 1.4% in the past Iranian year, indicating a modest recovery. This growth follows a contraction of...
Mozambique’s Income Tax Collections Increase Despite Economic Challenges in 2024
In 2024, Mozambique's income tax revenue rose by 4% to €2.226 billion, exceeding forecasts despite an economic growth slump. Personal...
Chile Enacts Historic Pension Reform Under President Gabriel Boric
Chilean President Gabriel Boric has signed a transformative pension reform law aimed at revising a system from Pinochet's regime. Effective...
Argentina’s Unemployment Rate Rises Amid Economic Challenges
Argentina's unemployment rose to 6.4% in Q4 2024, up from last year but down from Q3. Women face higher joblessness...
Sri Lanka’s Economic Developments: Pyramid Schemes, Flight Cancellations, and Sustainable Initiatives
Sri Lanka’s Central Bank has identified Pro Care and several other firms for engaging in prohibited pyramid schemes. SriLankan Airlines...
Ranil Wickremesinghe Advocates for a US $1 Trillion Economy in Sri Lanka by 2055
Former President Ranil Wickremesinghe has urged Sri Lanka to aim for a US $1 trillion economy by 2055. He emphasized...
Sport Clubs Company Receives Approval to List on Saudi Bourse
Sport Clubs Company in Riyadh has received approval to float 30% of its shares on the Saudi stock exchange, with...
Standard Bank Forecasts 5.4% GDP Growth for Ghana in 2025
Ghana's GDP is projected to grow by 5.4% in 2025, driven by the mining sector's resurgence. Despite challenges in agriculture...
