economy

Pakistan gets a boost of confidence but IMF bailout still on the cards
World

Pakistan gets a boost of confidence but IMF bailout still on the cards

  ISLAMABAD (Reuters) – The Pakistani finance minister’s bullish comments declaring the end of an economic crisis have bolstered confidence…
Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE
Economy

Egypt’s foreign currency reserve rose to $44.5 bn in October: CBE

  The Central Bank of Egypt (CBE) announced on Monday that Egypt’s foreign currency reserves rose by US$42 million in October…
Iran vows to ‘proudly bypass’ US sanctions
Middle East

Iran vows to ‘proudly bypass’ US sanctions

Iran’s President Hassan Rouhani said the Islamic republic “will proudly bypass sanctions” by the United States that took effect on…
Xi pledges to open China’s markets wider to an impatient world
World

Xi pledges to open China’s markets wider to an impatient world

  President Xi Jinping on Monday pledged to widen access to China’s economy, while delivering a veiled rebuke to Trumpism,…
Trade war, spy claims cloud horizon for China airshow
World

Trade war, spy claims cloud horizon for China airshow

SHANGHAI/BEIJING (Reuters) – Trade frictions with the United States and accusations of industrial espionage are set to cast a cloud…
Economist: N Korea eyeing Swiss, Singaporean-style success
World

Economist: N Korea eyeing Swiss, Singaporean-style success

PYONGYANG, North Korea (AP) — North Korea is exploring a grand plan to become a regional transportation hub, inspired in…
World’s first specialized free zone for textile industry underway in Minya
Economy

World’s first specialized free zone for textile industry underway in Minya

The first specialized free zone for the textile industry in the world is underway in Minya Governorate on an area…
Egypt government to increase electricity prices in July
Egypt

Egypt government to increase electricity prices in July

The Egyptian cabinet’s media center said on Monday that the Ministry of Electricity and Renewable Energy will increase electricity prices…
Pasta and petrol: smuggling crackdown stirs dissent in Tunisia’s south
Middle East

Pasta and petrol: smuggling crackdown stirs dissent in Tunisia’s south

REMADA, Tunisia (Reuters) – Tunisian Zubair Abdel-Moula lost his work selling smuggled fuel on the streets of a poor southern…
Rouhani reshuffles economic team, says U.S. isolated against Iran
Middle East

Rouhani reshuffles economic team, says U.S. isolated against Iran

DUBAI (Reuters) – Iran’s parliament approved a government economic reshuffle on Saturday, days before new U.S. sanctions on Tehran’s oil…
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