Middle-east Arab News Opinion | Asharq Al-awsat

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Modest Share for MENA in Global Economic Recovery

by Asharq Al-Awsat | Oct 15, 2017 | Business

Cairo – The global economic recovery that has started mid-2016 is gaining mounting power with the accelerating growth in Europe, Japan, China and the US, a by the International Monetary Fund (IMF) has revealed. IMF warned of possible discontinuity of the global...

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Men sit outside a discount clothing retail store in Istanbul, Turkey July 13, 2016. REUTERS/Murad Sezer

Turkey: Annual Inflation Rises More than 10%

by Said Abdul Razzak | Sep 6, 2017 | Business

Ankara- Turkey’s annual inflation rose to 10.68 percent in August, compared to 9.79 percent in July. Turkish Statistical Institute report showed that the highest monthly rise was in the education sector (2.79 percent) in prices as the new scholar year approaches, then...

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A Japanese flag flies atop the Bank of Japan building in Tokyo (Reuters)

Japan Concerned over Low Inflation

by Noah Smith | Aug 15, 2017 | Opinion

Japan is the graveyard of economic theories. The country has had ultralow interest rates and run huge government deficits for decades, with no sign of the inflation that many economists assume would be the natural result. Now, after years of trying almost every trick...

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A man counts foreign banknotes at a money changer in central
Cairo. (Image: Reuters)

Egypt: FDI Grows by 12% in Nine Months

by Asharq Al-Awsat | Jul 17, 2017 | Business

Cairo- The Egyptian Ministry of Investment and International Cooperation said on Saturday the foreign direct investment (FDI) in Egypt rose by 12% in the first nine months of the fiscal year 2016-17, recording $6.6bn compared to $5.9bn in the same period of 2015-16....

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A female employee fills the tank of a car at a petrol station in Cairo, Egypt, February 24, 2016. REUTERS/Mohamed Abd El Ghany

Fears of Inflation as Egypt Increases Fuel Prices

by Ahmad Al-Ghamrawi | Jun 30, 2017 | Business

Cairo – As part of a plan to cut the budget deficit and commit to the economic reform to help meet the terms of a $12 billion IMF loan deal, the Egyptian government has decided to raise fuel prices two days before the beginning of the new budget. The price of...