economy

Lebanon exceeds budget, needs a new government: finance minister
Middle East

Lebanon exceeds budget, needs a new government: finance minister

  BEIRUT (Reuters) – Highly-indebted Lebanon has exceeded its budget for 2018 and authorities are taking steps to make sure…
China eyes Argentina nuclear deal
World

China eyes Argentina nuclear deal

BUENOS AIRES/WASHINGTON (Reuters) – Argentina and China are aiming to close a deal within days for the construction of the…
Total deposits with banking system reach LE3.6 trillion in September: CBE
Economy

Total deposits with banking system reach LE3.6 trillion in September: CBE

  The Central Bank of Egypt (CBE) announced that the total deposits with the banking system, other than the CBE,…
UAE seeks rich, educated foreigners with long-term visa scheme
Middle East

UAE seeks rich, educated foreigners with long-term visa scheme

DUBAI (Reuters) – The United Arab Emirates will offer long-term visas to rich property investors, senior scientists and entrepreneurs in…
Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister
Economy

Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister

  Egyptian Minister of Finance Mohamed Maait announced the country’s new 2019/2020 budget, in a statement sent to all governmental…
More than half a million Tunisians hold public sector strike over wages
Middle East

More than half a million Tunisians hold public sector strike over wages

  (Reuters) – About 650,000 Tunisians went on strike on Thursday to protest the government’s refusal to raise wages amid…
Lebanon can’t waste more time on government formation: president
Middle East

Lebanon can’t waste more time on government formation: president

  BEIRUT (Reuters) – Lebanese President Michel Aoun said on Wednesday the country no longer had the luxury of wasting…
Trump, land fears boost South Africa’s ‘white state’
World

Trump, land fears boost South Africa’s ‘white state’

PRETORIA (Reuters) – When US President Donald Trump pledged to investigate large scale killings of white farmers in South Africa…
Egypt’s growth rate rises to 5.3% during first quarter of fiscal year
Business

Egypt’s growth rate rises to 5.3% during first quarter of fiscal year

  Egypt’s Minister of Planning, Monitoring and Administrative Reformation Hala al-Saed announced Friday that the economic growth rate increased to…
Sun rises on Egypt’s solar energy market
Features/Interviews

Sun rises on Egypt’s solar energy market

The sun is rising on the field of solar energy in Egypt, with the world’s largest solar energy park under…
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