economy
Pasta and petrol: smuggling crackdown stirs dissent in Tunisia’s south
Middle East
October 29, 2018
Pasta and petrol: smuggling crackdown stirs dissent in Tunisia’s south
REMADA, Tunisia (Reuters) – Tunisian Zubair Abdel-Moula lost his work selling smuggled fuel on the streets of a poor southern…
Rouhani reshuffles economic team, says U.S. isolated against Iran
Middle East
October 28, 2018
Rouhani reshuffles economic team, says U.S. isolated against Iran
DUBAI (Reuters) – Iran’s parliament approved a government economic reshuffle on Saturday, days before new U.S. sanctions on Tehran’s oil…
Egyptian police arrest writer for publishing false book on Egypt’s economy
Egypt
October 23, 2018
Egyptian police arrest writer for publishing false book on Egypt’s economy
The Supreme State Security Prosecution on Monday began interrogating writer and economist Abdel Khalek Farouk for publishing false information…
Egypt selected ‘Africa’s best investment destination’ for second year in row: Rand Merchant Bank
Business
October 22, 2018
Egypt selected ‘Africa’s best investment destination’ for second year in row: Rand Merchant Bank
Egypt’s Minister of Investment Sahar Nasr praised Rand Merchant Bank’s (RMB) choice of Egypt as the best investment destination…
China not manipulating currency but lacks transparency, US says
Economy
October 18, 2018
China not manipulating currency but lacks transparency, US says
Washington on Wednesday again declined to call China a currency manipulator but said the yuan’s fall and Beijing’s exchange practices…
Standard Chartered expects 5.5% growth for Egypt in 2019
Economy
October 17, 2018
Standard Chartered expects 5.5% growth for Egypt in 2019
Standard Chartered projected on Tuesday that the gross domestic product (GDP) growth rate of Egypt will rise by 5.5 percent…
Egypt’s foreign reserves cover 9 months of imports: Minister
Business
October 17, 2018
Egypt’s foreign reserves cover 9 months of imports: Minister
Egyptian Minister of Planning, Follow-up and Administrative Reform Hala al-Saeed announced on Wednesday that Egypt’s foreign currency reserves now…
IMF to give Egypt new $3 billion grant: Investment Minister
Egypt
October 16, 2018
IMF to give Egypt new $3 billion grant: Investment Minister
The International Monetary Fund will grant Egypt US$3 billion, Investment Minister Sahar Nasr announced on Tuesday, based on an agreement…
Saudi currency at weakest in two years on Khashoggi case
Middle East
October 15, 2018
Saudi currency at weakest in two years on Khashoggi case
DUBAI (Reuters) – Saudi Arabia’s currency fell to its lowest level in two years and its international bond prices…
Is Saudi Arabia the next big heritage tourism destination?
Travel
October 14, 2018
Is Saudi Arabia the next big heritage tourism destination?
(CNN) ̶ Leaning out of a helicopter’s open door, 500 feet above the ground, David Kennedy is treated to bird’s…