economy
Lebanese central bank says pound stable, urges fiscal reform
Middle East
August 7, 2018
Lebanese central bank says pound stable, urges fiscal reform
BEIRUT (Reuters) – Lebanon’s pound is stable and the central bank has the means to defend its stability, central bank…
Iranian President Hassan Rouhani denounces US ‘psychological warfare’
Middle East
August 7, 2018
Iranian President Hassan Rouhani denounces US ‘psychological warfare’
Iran has been in economic turmoil since US President Donald Trump announced he would withdraw from an international deal that…
Morocco’s King Mohammed sacks minister after urging action on economy
Middle East
August 2, 2018
Morocco’s King Mohammed sacks minister after urging action on economy
RABAT (Reuters) – Morocco’s King Mohammed has sacked the minister for the economy and finance, the Royal Cabinet said on…
Iran’s parliament to question president over economic woes
Middle East
August 1, 2018
Iran’s parliament to question president over economic woes
TEHRAN, Iran (AP) — Iran’s parliament announced Wednesday it would hold a special session to question President Hassan Rouhani about…
Egypt maintains LE16 per USD customs exchange rate for August
Business
July 31, 2018
Egypt maintains LE16 per USD customs exchange rate for August
Egypt’s Finance Minister Mohamed Maeet announced on Tuesday that the exchange rate of the customs dollar will continue to be…
Turkey’s central bank hikes inflation view, defends independence
Middle East
July 31, 2018
Turkey’s central bank hikes inflation view, defends independence
ANKARA (Reuters) – Turkey’s central bank on Tuesday sharply raised its inflation forecast for this year and next, saying price…
King Mohammed VI urges action to address Morocco’s social problems
Middle East
July 30, 2018
King Mohammed VI urges action to address Morocco’s social problems
RABAT (Reuters) – Morocco’s King Mohammed VI called on Sunday on the government to do more to address the country’s…
Iran currency extends record fall as U.S. sanctions loom
Middle East
July 30, 2018
Iran currency extends record fall as U.S. sanctions loom
DUBAI (Reuters) – Iran’s currency hit a new record low on Sunday, dropping past 100,000 rials to the U.S. dollar…
Egypt says country grew at highest rate in 10 years
Business
July 28, 2018
Egypt says country grew at highest rate in 10 years
Egypt’s Planning Ministry says the country’s economy grew 5.3 percent in the most recent fiscal year — the highest…
With economy faltering, Iran appoints two new heads of key agencies
Middle East
July 25, 2018
With economy faltering, Iran appoints two new heads of key agencies
(Reuters) – Iran’s cabinet appointed new heads at two of the government’s top economic institutions, as the country grapples with…