IMF

Egypt’s economic growth to reach 5.2% in 2018: IMF
Economy

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

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

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

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

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

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

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

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

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

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…
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