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Global gold prices hit 2-month high on Middle East tensions

Gold prices soared for the fourth consecutive session to a near two-month high on Monday, as Iran-Israel clashes pushed investors towards safe-haven assets

Updated 6/16/2025 8:33:00 AM
MENA’s economy activity likely to fall to 2% in 2023 amid Gaza-Israel war: IMF

The Middle East and North Africa’s (MENA) economy activity is expected to slow down to 2% in 2023 from 5.6% in 2022 amid the Gaza-Israel war, according to the International Monetary Fund (IMF).

Updated 12/3/2023 11:22:00 AM
Israel-Hamas war has economic repercussions for Egypt: Georgieva

The Israel-Hamas war will have economic repercussions for Egypt, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said.

Updated 10/25/2023 9:50:00 AM