austerity measures

Deep falls in Egypt’s inflation could prompt IMF consultation
Business

Deep falls in Egypt’s inflation could prompt IMF consultation

Egypt’s inflation has fallen to some of its lowest levels in well over a decade, potentially triggering consultations with the…
IMF deal seen as only way out for Lebanon
Middle East

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…
Egyptian government seeks to do away with popular tuk-tuks
Egypt

Egyptian government seeks to do away with popular tuk-tuks

CAIRO (AP) — Motorized rickshaws known as tuk-tuks have ruled the streets of Cairo’s slums for the past two decades,…
Jordan revamps cabinet in latest overhaul of top institutions
Middle East

Jordan revamps cabinet in latest overhaul of top institutions

AMMAN (Reuters) – The Prime Minister of U.S. ally Jordan reshuffled his cabinet on Thursday, the latest in a series…
Lebanon central bank workers strike, PM demands budgetary ‘realism’
Middle East

Lebanon central bank workers strike, PM demands budgetary ‘realism’

BEIRUT (Reuters) – Lebanese central bank employees went on strike on Monday over state budget proposals that would cut their…
Eligibility for food subsidy cards tightened
Egypt

Eligibility for food subsidy cards tightened

Egypt on Tuesday tightened rules for obtaining food subsidy cards, capping the number of new claimants per family and setting…
Coming to you from Kerdasa: Egypt’s first mini-car
Features/Interviews

Coming to you from Kerdasa: Egypt’s first mini-car

In Egypt, where many suffer under economic hardship, 35-year-old entrepreneur Ahmed Saeed al-Feki has been working hard to make something…
Egypt says IMF praises reform program after delegation visit
Egypt

Egypt says IMF praises reform program after delegation visit

The International Monetary Fund’s mission concluded its visit to Cairo on Sunday during which the Fund conducted the first review…
US dollar bond yields jump in Egypt: Bloomberg
Business

US dollar bond yields jump in Egypt: Bloomberg

The US dollar bond yields in Egypt have jumped this year, causing the cost of borrowing to reach its lowest…
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