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 Mahmoud Najem | Nov 14, 2016 | Business
Cairo-The International Monetary Fund’s executive board has approved a three-year $12bn loan to Egypt to boost its economy, drop public debt, and control inflation. The IMF said its board’s approval allows for a disbursement of an initial tranche of...
by Assma al-Khawli | Sep 21, 2016 | Business
Cairo- The Athens government has adopted tough austerity policies for years, committing to conditions imposed by the “Troika”: European Union (EU), European Commission, and the International Monetary Fund (IMF), in order to receive the needed funds to resolve its...
by Sobhi Najeh | Jun 11, 2016 | Business
The global economic crisis has left the economies of developed countries with huge challenges. Most of the governments resorted to set quantitative facilitation programs (assets’ purchase) as an easy measure to pump liquidity in the markets. Also, the sovereign debts...
