by Shuja Al-Baqmi | Apr 1, 2017 | Business
Riyadh – Saudi Arabia’s fiscal position remains strong, according to Moody’s Global Credit Research report published on Friday. The report pointed out that economic reforms executed by the kingdom will contribute in curbing the public budget deficit despite the...
by Asharq Al-Awsat | Mar 31, 2017 | Business
Beirut – Finance Minister Ali Hassan Khalil said on Thursday that the government aims to curb the 2017 budget deficit from 9.3 percent in 2016 down to 8.7 percent of gross domestic product (GDP). Khalil projected government expenditures at LL23.67 trillion...
by Said Abdul Razzak | Jan 17, 2017 | Business
Ankara – The Turkish Statistical Institute (Turkstat) announced on Monday that Turkey’s unemployment rate reached 11.8 percent in October 2016, compared to 11.3 in September of the same year — In the same period, the unemployment in non-agricultural...
by Mirza Al-Khuwaylidi | Nov 28, 2016 | Middle East
Kuwait – The outcome of the Kuwaiti parliamentary elections caused a great shock as it toppled prominent forces in the parliamentary sector and gave a great boost to the youths. Great number of candidates of the previous majority as well as candidates of the...
by Al-munji al-Saaidani | Oct 23, 2016 | Business
Tunisia- Tunisia plans a bond issue of EUR 1,000 million to finance the state’s budget. This caused a debate in the Tunisian Parliament between government representatives and opposition parties on continuity of foreign borrowing and not relying on own resources....