International Monetary Fund (IMF)

Unemployment fuels unrest in Arab states: IMF
Middle East

Unemployment fuels unrest in Arab states: IMF

Unemployment and sluggish economic growth are fueling social tension and popular protests in several Arab countries, the International Monetary Fund…
US dollar prices decline in Egyptian banks
Economy

US dollar prices decline in Egyptian banks

US dollar exchange rates declined against the Egyptian Pound on Thursday in bank dealings following decreases in the dollar’s value…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
Economy

Lebanon PM says accelerating reforms to rein in public debt: CNBC

BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…
Opinion: Imran Khan — One year of stumbling ineptitude
World

Opinion: Imran Khan — One year of stumbling ineptitude

When Imran Khan was elected as Pakistan’s prime minister on August 17, 2018, some Pakistanis saw him as the the best…
Congo’s bread basket struggles to recover from conflict
World

Congo’s bread basket struggles to recover from conflict

“The trains are running again. We have peace,” says Didier, the station master at Mindouli, in the Republic of Congo’s…
Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE
Business

Egypt’s foreign currency reserves increase to US$44.916 bn in July: CBE

The Central Bank of Egypt (CBE) said on Tuesday that the value of the country’s foreign currency reserves reached US$44.916…
Saudi Arabia deposits $250 million in Sudan central bank
Middle East

Saudi Arabia deposits $250 million in Sudan central bank

DUBAI (Reuters) – Saudi Arabia has deposited $250 million into the central bank of Sudan to support its financial position,…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt

Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll

CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…
CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent
Economy

CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent

The Central Agency for Public Mobilization and Statistics (CAMPAS) released their annual statistics showing that the number of foreigners working…
Egyptian-American economist nominated to be IMF’s next managing director
Egypt

Egyptian-American economist nominated to be IMF’s next managing director

Former Deputy Director of the International Monetary Fund (IMF), Egyptian-American economist Mohamed al-Erian has been nominated to succeed Christine Lagarde…
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