economy
Standard Chartered expects 5.5% growth for Egypt in 2019
Economy
October 17, 2018
Standard Chartered expects 5.5% growth for Egypt in 2019
Standard Chartered projected on Tuesday that the gross domestic product (GDP) growth rate of Egypt will rise by 5.5 percent…
Egypt’s foreign reserves cover 9 months of imports: Minister
Business
October 17, 2018
Egypt’s foreign reserves cover 9 months of imports: Minister
Egyptian Minister of Planning, Follow-up and Administrative Reform Hala al-Saeed announced on Wednesday that Egypt’s foreign currency reserves now…
IMF to give Egypt new $3 billion grant: Investment Minister
Egypt
October 16, 2018
IMF to give Egypt new $3 billion grant: Investment Minister
The International Monetary Fund will grant Egypt US$3 billion, Investment Minister Sahar Nasr announced on Tuesday, based on an agreement…
Saudi currency at weakest in two years on Khashoggi case
Middle East
October 15, 2018
Saudi currency at weakest in two years on Khashoggi case
DUBAI (Reuters) – Saudi Arabia’s currency fell to its lowest level in two years and its international bond prices…
Is Saudi Arabia the next big heritage tourism destination?
Travel
October 14, 2018
Is Saudi Arabia the next big heritage tourism destination?
(CNN) ̶ Leaning out of a helicopter’s open door, 500 feet above the ground, David Kennedy is treated to bird’s…
Egypt’s government considers solutions, adopting with economic crises
Economy
October 14, 2018
Egypt’s government considers solutions, adopting with economic crises
Egypt’s Deputy Minister of Planning for Planning Affairs Ahmed Kamali said on Saturday that the government would form a committee…
Egypt looks to tap Asian debt markets under debt restructuring
Business
October 13, 2018
Egypt looks to tap Asian debt markets under debt restructuring
Egypt is considering issuing bonds in currencies other than the euro and the US dollar after launching a roadshow…
World Bank praises Egypt’s economic reform at Bali meeting
Economy
October 12, 2018
World Bank praises Egypt’s economic reform at Bali meeting
President of the World Bank Jim Kim presented on Friday the success stories of economic reform in four countries,…
Finance minister denies Egypt requested additional IMF loan
Economy
October 12, 2018
Finance minister denies Egypt requested additional IMF loan
Egypt has not requested an additional loan from the International Monetary Fund (IMF) or an extension of the current…
Jordan reshuffles cabinet in bid to speed up IMF-guided reforms: officials
Middle East
October 11, 2018
Jordan reshuffles cabinet in bid to speed up IMF-guided reforms: officials
AMMAN (Reuters) – Jordan’s Prime Minister Omar al-Razzaz announced a cabinet reshuffle on Thursday, which officials said consolidated the…