Middle-east Arab News Opinion | Asharq Al-awsat

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Egypt Announces Loan Talks with IMF

by Asharq Al-Awsat | Jul 28, 2016 | Middle East

Cairo-After hours of conflicting news and rumors, the Egyptian government announced it had officially requested a loan from the International Monetary Fund (IMF). IMF has not determined yet the amount of loan, yet Egyptian sources confirmed it is four billion dollars...

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Christine Lagarde, managing director of the International Monetary Fund (IMF)

Tunisia Promises IMF to Cancel Consumer Products Support

by AlMunji alSaidani | Jul 27, 2016 | Business

Tunisia-The Tunisian authorities announced that they are reconsidering the whole consuming products prices’ support system in order to economize the support and direct it to the deserving sectors. In this step, authorities are abiding by one of their obligations...

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IMF Managing Director Christine Lagarde. Reuters

IMF Chief to Stand Trial in France

by Michel Abu Najm | Jul 23, 2016 | World

Paris-There seems to be a curse for French citizens who reach the leadership of the International Monetary Fund that is based in Washington. The previous IMF chief, Dominique Strauss-Kahn, a Frenchman, was forced to resign in a lurid sex scandal. Current IMF Managing...

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A Houthi militant sits amidst debris from the Yemeni Football Association building. REUTERS/Mohamed al-Sayaghi

World Bank: Our Operations Remain Suspended in Yemen

by Arafat Madabesh and Saeed al-Abyad | Jul 9, 2016 | Middle East

London,Cairo–Yemeni Deputy Prime Minister and Foreign Minister Abdul Malik al-Mekhlafi revealed that the Yemeni government is studying a number of economic options for Yemen. Mekhlafi told Asharq Al-Awsat that after militias looted the central reserve, the government...

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A Houthi fighter stands atop an armored vehicle, which was seized from the army during recent clashes, outside the house of Yemen’s President Abd-Rabbu Mansour Hadi in Sanaa January 21, 2015. REUTERS/Mohamed al-Sayaghi

Yemeni Leaders Call on Government to Stop Dealing with Central Bank

by Mohamed Ali Mohsen | Jul 4, 2016 | Business

Aden – Yemeni legitimate forces’ leaders called on the government on Sunday to stop dealing with the country’s central bank, which they said was controlled by the Houthi militias. The leaders said that the main challenges facing them in Aden province were severe...