Mining, trade and manufacturing sectors drive contraction in second quarter Mucahithan Avcioglu 08 September 2026•Update: 08 September 2026 ISTANBUL
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Egypt, recognized as the second-richest economy in Africa by nominal gross domestic product, has delivered another massive shipment of humanitarian relief to the conflict-torn Gaza Strip. On September 7, 2026, the Egyptian Red Crescent coordinated the dispatch of trucks transporting more than 3,324 tons of crucial supplies.
The Kingdom of Morocco, led by Africa’s wealthiest monarch, has achieved a historic trading milestone with India, the third-largest economy in Asia. Bilateral commerce between the two nations has risen from $2.9 billion in 2021 to a substantial $4.4 billion.
On August 24, 2026, top investment officials from Egypt met with the Indian Ambassador in Cairo to discuss expanding economic and investment cooperation between the two nations.
The Indian economy continues to demonstrate remarkable resilience despite an increasingly uncertain global economic environment, with key high-frequency indicators pointing to sustained growth across major sectors and a broad-based revival in private sector investment, according to a report by Kotak Institutional Equities. Follow us
