by Mahmoud Najem | Nov 14, 2016 | Business
Cairo-The International Monetary Fund’s executive board has approved a three-year $12bn loan to Egypt to boost its economy, drop public debt, and control inflation. The IMF said its board’s approval allows for a disbursement of an initial tranche of...
by Mahmoud Najem | Oct 11, 2016 | Lifestyle & Culture
Cairo- Oliver Hart and Bengt Holmstrom have answered during their decades’ journey questions related to economies that lack efficiency. The two scientists were granted on Monday the Nobel Prize in Economics as recognition to their efforts in setting the theoretical...
by Mahmoud Najem | Aug 15, 2016 | Business
The GCC countries have ran important structural reforms aiming to diversify economic activities and providing job opportunities in the private sector. In this context, the banking sector will be one of the main concerned parties by sponsoring small businesses and...
by Mahmoud Najem | Aug 5, 2016 | Business
Cairo- Despite plunging oil rates, a main source for the Kingdom’s revenue, Saudi consumers displayed considerable and consistent confidence in their economy which was further proved stable in the second quarter of 2016. Also, consumers across the United Arab Emirates...
by Mahmoud Najem | Aug 2, 2016 | Business
Cairo- “Securing an International Monetary Fund (IMF) funding deal would be credit positive for Egypt, but implementation risks are high and the country will continue to face several economic challenges”, Fitch Ratings says. President Abdel Fattah al-Sisi warned...
