IMF
Egypt’s economic growth to reach 5.2% in 2018: IMF
Economy
April 18, 2018
Egypt’s economic growth to reach 5.2% in 2018: IMF
The International Monetary Fund (IMF) expects economic growth in Egypt to reach 5.2 percent in 2018 and 5.5 percent in 2019,…
Jordan to secure fine-year US aid pledge: Jordanian official
Middle East
February 14, 2018
Jordan to secure fine-year US aid pledge: Jordanian official
Jordan will secure a promise of five more years of US financial aid on Wednesday, a Jordanian official said, despite…
IMF expects no additional taxes in Egypt in 2018
Business
February 5, 2018
IMF expects no additional taxes in Egypt in 2018
IMF Director for the Middle East and Central Asia Department Jihad Azour predicts that no additional taxes will be implemented…
BMI Research predicts Egypt to become an economic outperformer in 2018
Economy
February 4, 2018
BMI Research predicts Egypt to become an economic outperformer in 2018
A February BMI Research report predicted that Egypt will stand out as the economic outperformer of 2018 and applauded the…
Parliamentarian calls on government to halt imports of dog food and lingerie
Egypt
January 30, 2018
Parliamentarian calls on government to halt imports of dog food and lingerie
During a parliamentary session on Tuesday morning, parliamentarian Amal Tarabia criticized the government’s budget for importing leisure goods, and specifically Egypt’s imports of…
Sudanese ambassador to return to Egypt “very soon”: Egypt FM
Egypt
January 28, 2018
Sudanese ambassador to return to Egypt “very soon”: Egypt FM
Egypt’s Foreign Minister Sameh Shoukry declared that the Sudanese ambassador, who has been recalled to Sudan, will be returning to…
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
Economy
January 24, 2018
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
The growth rate of Egypt’s economy increased from 3.5 percent in the fiscal year 2015-2016 to 4.2 percent in fiscal year…
Jordan unveils major IMF-guided tax hikes to reduce public debt
Middle East
January 16, 2018
Jordan unveils major IMF-guided tax hikes to reduce public debt
Jordan’s cabinet announced on Monday a major package of IMF-guided tax hikes it says are crucial to gradually lower record…
Egypt to keep customs exchange rate at 16 pounds in January
Egypt
January 2, 2018
Egypt to keep customs exchange rate at 16 pounds in January
Egypt will keep its customs exchange rate steady at 16 pounds per dollar for January, the finance ministry said on…
Saudi Arabia, UAE introduce VAT in push to boost revenue
Middle East
January 2, 2018
Saudi Arabia, UAE introduce VAT in push to boost revenue
Saudi Arabia and the United Arab Emirates welcomed the new year on Monday with a series of measures aimed at…