International Monetary Fund (IMF)
290 million students out of school as global virus battle intensifies
World
March 5, 2020
290 million students out of school as global virus battle intensifies
Almost 300 million students worldwide faced weeks at home on Thursday with Italy the latest country to shut schools over…
IMF deal seen as only way out for Lebanon
Middle East
March 4, 2020
IMF deal seen as only way out for Lebanon
BEIRUT (Reuters) — The Lebanese government must swallow its misgivings and reach a rescue deal with the International Monetary Fund…
Egypt’s economy to become sixth strongest in the world by 2030
Economy
February 20, 2020
Egypt’s economy to become sixth strongest in the world by 2030
Economist Talal Abu Ghazaleh, Chairman of Talal Abu-Ghazaleh International Organization, said that Egypt’s economy is set to become the sixth…
IMF experts meet Lebanese PM at start of visit
Middle East
February 20, 2020
IMF experts meet Lebanese PM at start of visit
BEIRUT (Reuters) – A team of IMF experts met Prime Minister Hassan Diab on Thursday at the start of a…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business
February 19, 2020
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Lebanon finances point to debt restructuring: Fitch Ratings
Middle East
February 19, 2020
Lebanon finances point to debt restructuring: Fitch Ratings
BEIRUT (AP) — Lebanon’s financial situation points to a likely restructuring of the country’s massive debt and financial sector to…
IMF recommends ‘economic program’ to develop Egypt’s private sector
Business
February 15, 2020
IMF recommends ‘economic program’ to develop Egypt’s private sector
The International Monetary Fund (IMF) recommended that Egypt needs a new package of reforms geared towards supporting and developing its…
Unemployment fuels unrest in Arab states: IMF
Middle East
October 28, 2019
Unemployment fuels unrest in Arab states: IMF
Unemployment and sluggish economic growth are fueling social tension and popular protests in several Arab countries, the International Monetary Fund…
US dollar prices decline in Egyptian banks
Economy
September 19, 2019
US dollar prices decline in Egyptian banks
US dollar exchange rates declined against the Egyptian Pound on Thursday in bank dealings following decreases in the dollar’s value…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
Economy
September 4, 2019
Lebanon PM says accelerating reforms to rein in public debt: CNBC
BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…