economy

Lebanese protest over economy and politics
Middle East

Lebanese protest over economy and politics

BEIRUT (Reuters) – Several hundred Lebanese people protested in Beirut on Sunday over the state of Lebanon’s economy and politics…
Builders bruised by Dubai real estate market woes
Middle East

Builders bruised by Dubai real estate market woes

DUBAI (Reuters) – Dubai’s real estate downturn is forcing construction and engineering firms to cut jobs and halt expansion plans,…
Egypt, World Bank sign $1 billion agreement to support private sector
Business

Egypt, World Bank sign $1 billion agreement to support private sector

  The Egyptian government and the World Bank signed a US $1 billion agreement to support the Egyptian private sector…
Saudi king extends allowances as living costs rise
Middle East

Saudi king extends allowances as living costs rise

  RIYADH, Saudi Arabia (AP) — Saudi Arabia’s King Salman has extended monthly allowances for government employees, military personnel, pensioners,…
World feels sting of US Federal Reserve
Economy

World feels sting of US Federal Reserve

JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
In 2019, Mideast economic troubles loom as wars wind down
Economy

In 2019, Mideast economic troubles loom as wars wind down

  AMMAN, Jordan (AP) — As the Middle East ushers in 2019, the decade’s ruinous conflicts in Syria, Yemen, Libya…
Economists praise CBE’s decision to issue plastic notes by 2020
Economy

Economists praise CBE’s decision to issue plastic notes by 2020

  The Central Bank of Egypt (CBE) announced on Wednesday that the government would issue LE5 and LE10 plastic banknotes…
Egypt’s governmental reforms bring economic stability: IFC chief
Economy

Egypt’s governmental reforms bring economic stability: IFC chief

  The International Finance Corporation’s (IFC) Chief Executive Officer Philippe Le Houérou announced on Saturday that government reforms introduced by…
Saudi private sector growth hits 11-month high in November: PMI
Economy

Saudi private sector growth hits 11-month high in November: PMI

  DUBAI (Reuters) – Saudi Arabia’s non-oil private sector grew at its fastest rate for 11 months in November, in…
EU finance ministers reach eurozone reform deal
World

EU finance ministers reach eurozone reform deal

  EU finance ministers agreed reforms to better fight against a financial crisis on Tuesday that fell short of the…
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