Middle-east Arab News Opinion | Asharq Al-awsat

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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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The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas

IMF Monitors Egyptian Economy

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...

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THE PEOPLE: A rally outside parliament in Athens in June called
for the Greek government to agree a deal with its creditors.
REUTERS/Yannis Behrakis

Greece’s Economy amid International Pressures, Popular Anger

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...

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Does Worldwide Financial Policy Threaten Global Economy?

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...