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...
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...
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...
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....
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...