economy
Turkey prepares action plan for banks and businesses to tackle economic woes
Middle East
August 13, 2018
Turkey prepares action plan for banks and businesses to tackle economic woes
Turkey’s lira hit record lows against the US dollar as the president spoke out again against raising interest rates. But…
Erdogan says will defend Turkey against economic attacks
Middle East
August 10, 2018
Erdogan says will defend Turkey against economic attacks
ISTANBUL (Reuters) – President Tayyip Erdogan pledged on Friday to defend Turkey against economic attacks and said increasing production, exports…
Egypt’s annual core inflation down to 8.5%: CBE
Business
August 10, 2018
Egypt’s annual core inflation down to 8.5%: CBE
Egypt’s annual core inflation rate witnessed a decrease from 10.9 percent in June to 8.45 percent in July, according to…
Parliament approves Egypt’s first sovereign wealth fund
Economy
August 10, 2018
Parliament approves Egypt’s first sovereign wealth fund
Egypt’s parliament has agreed to establish a government-operated sovereign wealth fund to help boost the economy, in a move deemed…
Suez zone claims LE2.13 billion profit in 2017/2018
Business
August 9, 2018
Suez zone claims LE2.13 billion profit in 2017/2018
The Suez Canal Economic Zone (SCZone) made a net profit of LE2.13 billion in the fiscal year 2017/2018, with an…
Turkish lira weakens again, eyes on Washington talks
Middle East
August 8, 2018
Turkish lira weakens again, eyes on Washington talks
ANKARA/ISTANBUL (Reuters) – Turkey’s lira weakened against the dollar on Wednesday, hit by concern about President Tayyip Erdogan’s grip on…
Lebanese central bank says pound stable, urges fiscal reform
Middle East
August 7, 2018
Lebanese central bank says pound stable, urges fiscal reform
BEIRUT (Reuters) – Lebanon’s pound is stable and the central bank has the means to defend its stability, central bank…
Iranian President Hassan Rouhani denounces US ‘psychological warfare’
Middle East
August 7, 2018
Iranian President Hassan Rouhani denounces US ‘psychological warfare’
Iran has been in economic turmoil since US President Donald Trump announced he would withdraw from an international deal that…
Morocco’s King Mohammed sacks minister after urging action on economy
Middle East
August 2, 2018
Morocco’s King Mohammed sacks minister after urging action on economy
RABAT (Reuters) – Morocco’s King Mohammed has sacked the minister for the economy and finance, the Royal Cabinet said on…
Iran’s parliament to question president over economic woes
Middle East
August 1, 2018
Iran’s parliament to question president over economic woes
TEHRAN, Iran (AP) — Iran’s parliament announced Wednesday it would hold a special session to question President Hassan Rouhani about…