economy

Egypt’s governmental reforms bring economic stability: IFC chief
Economy

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

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

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

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

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

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…
China eyes Argentina nuclear deal
World

China eyes Argentina nuclear deal

BUENOS AIRES/WASHINGTON (Reuters) – Argentina and China are aiming to close a deal within days for the construction of the…
Total deposits with banking system reach LE3.6 trillion in September: CBE
Economy

Total deposits with banking system reach LE3.6 trillion in September: CBE

  The Central Bank of Egypt (CBE) announced that the total deposits with the banking system, other than the CBE,…
UAE seeks rich, educated foreigners with long-term visa scheme
Middle East

UAE seeks rich, educated foreigners with long-term visa scheme

DUBAI (Reuters) – The United Arab Emirates will offer long-term visas to rich property investors, senior scientists and entrepreneurs in…
Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister
Economy

Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister

  Egyptian Minister of Finance Mohamed Maait announced the country’s new 2019/2020 budget, in a statement sent to all governmental…
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