economic reforms
Egypt obtains IMF loan worth $3 bln
Economy
October 27, 2022
Egypt obtains IMF loan worth $3 bln
The head of the International Monetary Fund (IMF) mission to Egypt announced in a press conference, on Thursday, held with…
Govt firmly committed to guaranteeing enlightened future for Egyptians, says minister
World
June 3, 2022
Govt firmly committed to guaranteeing enlightened future for Egyptians, says minister
Minister of Planning and Economic Development and Egypt’s Governor at the Islamic Development Bank Group (IsDB) Hala el Said has…
Egypt’s GAFI to grant foreign investors 5-year residency visas
Business
October 2, 2020
Egypt’s GAFI to grant foreign investors 5-year residency visas
The Board of Directors for Egypt’s General Authority for Investment and Free Zones (GAFI) approved on Thursday new regulations aimed…
Exclusive: Draft of Lebanese financial rescue plan promises ‘painful’ steps
Middle East
February 3, 2020
Exclusive: Draft of Lebanese financial rescue plan promises ‘painful’ steps
BEIRUT (Reuters) – Lebanon’s new government will look to reduce interest rates and recapitalise banks as part of a broad…
Sudan to tackle fuel subsidies as economy hangs on the edge
Middle East
January 29, 2020
Sudan to tackle fuel subsidies as economy hangs on the edge
KHARTOUM, Sudan (AP) — Sudan hopes to cut fuel subsidies over the course of 18 months, starting as early as…
Egypt’s 5.7 percent economic growth rate ranks best in MENA: cabinet
Economy
October 14, 2019
Egypt’s 5.7 percent economic growth rate ranks best in MENA: cabinet
Egypt’s cabinet published an infographic report on the country’s increasing economic growth, now at 5.7 percent. This rate ranks best…
Egyptian economist says dollar to stand at LE16
Economy
September 19, 2019
Egyptian economist says dollar to stand at LE16
Egyptian economist Walid Gaballah predicted that the Egyptian pound-dollar exchange rate will decline to LE16 per dollar. The economist stated this…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
Economy
September 4, 2019
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%…
UK PM Johnson welcomes economic reforms in talks with Jordan’s King Abdullah
Middle East
August 8, 2019
UK PM Johnson welcomes economic reforms in talks with Jordan’s King Abdullah
LONDON (Reuters) – British Prime Minister Boris Johnson hosted Jordan’s King Abdullah for a working lunch on Wednesday to discuss…
Egypt improves wages to reduce impact of economic reforms
Business
May 4, 2019
Egypt improves wages to reduce impact of economic reforms
Egypt’s Finance Ministry announced that the government plans to reduce the impact of financial and economic reforms on citizens in…