economy
Rouhani says Iran budget set to resist US sanctions by curbing oil dependence
Middle East
December 8, 2019
Rouhani says Iran budget set to resist US sanctions by curbing oil dependence
DUBAI (Reuters) – Iranian President Hassan Rouhani presented a draft state budget of about $39 billion to parliament on Sunday,…
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21
Business
November 19, 2019
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21
Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expects the Egyptian economy to…
Boeing, Airbus kept in suspense over big Dubai jet deals
Middle East
November 18, 2019
Boeing, Airbus kept in suspense over big Dubai jet deals
DUBAI (Reuters) — Airbus and Boeing fought to save billions of dollars of jet deals on Sunday as host airline…
Fuel shortage, price hikes squeeze protest-hit Lebanon
Middle East
November 10, 2019
Fuel shortage, price hikes squeeze protest-hit Lebanon
A rationing of dollars by banks in protest-hit Lebanon sparked growing alarm on Saturday as some petrol pumps ran dry…
Lebanese banks face threats, Hariri said to want neutral government
Middle East
November 9, 2019
Lebanese banks face threats, Hariri said to want neutral government
BEIRUT (Reuters) – Lebanese bank staff are facing abuse from customers angered by restrictions on access to their cash, the…
Xi pledges wider market access, free-trade deals
World
November 5, 2019
Xi pledges wider market access, free-trade deals
President Xi Jinping on Tuesday pledged to further open China’s economy, declaring the world must “knock down walls” as he…
Lebanese protesters get creative as they block roads
Middle East
October 28, 2019
Lebanese protesters get creative as they block roads
BEIRUT (AP) — On a main thoroughfare in Beirut on Monday, Lebanese protesters set up a living room with an…
Unemployment fuels unrest in Arab states: IMF
Middle East
October 28, 2019
Unemployment fuels unrest in Arab states: IMF
Unemployment and sluggish economic growth are fueling social tension and popular protests in several Arab countries, the International Monetary Fund…
Unemployment rate in Egypt at its lowest in 30 years: Infographics
Business
October 27, 2019
Unemployment rate in Egypt at its lowest in 30 years: Infographics
The unemployment rate in Egypt reached its lowest level in 30 years, at 7.5 percent in the second quarter of…
US dollar prices in Egypt decline at average of 2 piasters
Business
October 15, 2019
US dollar prices in Egypt decline at average of 2 piasters
US dollar prices declined against the Egyptian pound on Tuesday in several Egyptian banks at an average of two piasters,…