by Sharif Yamani | Jun 20, 2013 | Business
Cairo, Asharq Al-Awsat—Egyptian investment minister Yahya Hamed said growth in his country is expected to reach 2.2% this financial year, adding that the reason for the low growth rate is the drop in investment caused by the political unrest over the past two and half...
by Ali Ibrahim | Mar 14, 2013 | Opinion
This could be one of the few occasions when the IMF actively seeks to pressure a member state into taking out an urgent loan. The idea is that the funds would serve as a timely bridge until the county’s condition stabilizes, at which point both sides can negotiate a...
by Adel Al Toraifi | Dec 7, 2012 | Opinion
An old joke popular among economists says when you have two cows, the state takes one of them and gives it to someone else. This is the socialist system. In a communist system, the state takes both cows from you and gives you milk. Finally, in the capitalist system,...
