economy
Saudi king extends allowances as living costs rise
Middle East
December 18, 2018
Saudi king extends allowances as living costs rise
RIYADH, Saudi Arabia (AP) — Saudi Arabia’s King Salman has extended monthly allowances for government employees, military personnel, pensioners,…
World feels sting of US Federal Reserve
Economy
December 18, 2018
World feels sting of US Federal Reserve
JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
In 2019, Mideast economic troubles loom as wars wind down
Economy
December 18, 2018
In 2019, Mideast economic troubles loom as wars wind down
AMMAN, Jordan (AP) — As the Middle East ushers in 2019, the decade’s ruinous conflicts in Syria, Yemen, Libya…
Economists praise CBE’s decision to issue plastic notes by 2020
Economy
December 9, 2018
Economists praise CBE’s decision to issue plastic notes by 2020
The Central Bank of Egypt (CBE) announced on Wednesday that the government would issue LE5 and LE10 plastic banknotes…
Egypt’s governmental reforms bring economic stability: IFC chief
Economy
December 8, 2018
Egypt’s governmental reforms bring economic stability: IFC chief
The International Finance Corporation’s (IFC) Chief Executive Officer Philippe Le Houérou announced on Saturday that government reforms introduced by…
Saudi private sector growth hits 11-month high in November: PMI
Economy
December 6, 2018
Saudi private sector growth hits 11-month high in November: PMI
DUBAI (Reuters) – Saudi Arabia’s non-oil private sector grew at its fastest rate for 11 months in November, in…
EU finance ministers reach eurozone reform deal
World
December 4, 2018
EU finance ministers reach eurozone reform deal
EU finance ministers agreed reforms to better fight against a financial crisis on Tuesday that fell short of the…
Increasing customs dollar price benefits citizens, industry: Maeit
Business
December 2, 2018
Increasing customs dollar price benefits citizens, industry: Maeit
Egyptian Finance Minister Mohamed Maeit said on Sunday that raising the price of the customs dollar for non-basic and entertainment…
China envoy warns of dire consequences
World
November 28, 2018
China envoy warns of dire consequences
WASHINGTON (Reuters) – China is going to this week’s G-20 summit hoping for a deal to ease a damaging trade…
Lebanon exceeds budget, needs a new government: finance minister
Middle East
November 28, 2018
Lebanon exceeds budget, needs a new government: finance minister
BEIRUT (Reuters) – Highly-indebted Lebanon has exceeded its budget for 2018 and authorities are taking steps to make sure…