economy
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…
Tony Blair sees 50-50 chance of another Brexit referendum
World
October 11, 2018
Tony Blair sees 50-50 chance of another Brexit referendum
LONDON (Reuters) – Former British leader Tony Blair said there was a 50-50 chance of another Brexit referendum as…
Moody’s changes Egypt’s banking system outlook to positive
Economy
October 11, 2018
Moody’s changes Egypt’s banking system outlook to positive
Rating agency Moody’s announced Wednesday that it has upgraded its outlook for Egypt’s banking system to positive from stable.…
Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar
Middle East
October 10, 2018
Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar
BEIRUT (Reuters) – Lebanese Parliament Speaker Nabih Berri said on Wednesday some saw “a positive, promising atmosphere” in talks…
Oil dips as IMF cuts growth outlook; eyes on hurricane
Middle East
October 10, 2018
Oil dips as IMF cuts growth outlook; eyes on hurricane
LONDON (Reuters) – Oil prices slipped on Wednesday after the IMF lowered its global growth forecasts, but markets were…
IMF expects Egyptian economy to grow 5.3% in 2018
Economy
October 9, 2018
IMF expects Egyptian economy to grow 5.3% in 2018
The International Monetary Fund (IMF) expects Egypt’s economy to grow by 5.3 percent in 2018 and 5.5 percent in…
Egypt’s foreign investments rank first in Africa, valued at $7.4bn: COMESA
Egypt
October 7, 2018
Egypt’s foreign investments rank first in Africa, valued at $7.4bn: COMESA
COMESA Regional Investment Agency’s Chief Executive Officer (CEO) Heba Salama said on Sunday that Egypt ranked first among the…
Egypt GDP may increase 5.8 percent in 2020: World Bank
Egypt
October 4, 2018
Egypt GDP may increase 5.8 percent in 2020: World Bank
Egypt’s Gross Domestic Product is estimated to grow at a rate of 5.8 in the year 2020, according to…