Middle-east Arab News Opinion | Asharq Al-awsat

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Kuwait’s central bank Governor Mohammad al-Hashel attends the GCC Governors meeting in Manama March 13, 2013. REUTERS/Hamad I Mohammed

IMF: Kuwaiti Economy to Revive in the Medium Term

by Asharq Al-Awsat | Nov 16, 2016 | Business

Kuwait- The Central Bank of Kuwait announced that the International Monetary Fund (IMF) mission to Kuwait expected a gradual revival in Kuwaiti non-oil sectors GDP up to 3.5% in the upcoming year and 4% in later years. The mission, in its concluding statement, also...

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People shop at a vegetables market near a damaged building in the rebel held al-Shaar neighborhood of Aleppo, Syria, August 30, 2016. Reuters, Abdalrhman Ismail

IMF: Economic Costs of Middle East Wars Exceptionally High

by Heba El Koudsy | Sep 17, 2016 | Business

Washington-Armed conflicts in the Middle East and North Africa are not only devastating the economies gripped by fighting but are also sapping growth in neighboring countries and those hosting millions of refugees, the International Monetary Fund (IMF) said on Friday....

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Masood Ahmed: Saudi Vision 2030 is Ambitious, in Time

by Ahmad al- Ghamrawi and Lamia Nabil | Aug 18, 2016 | Interviews

Cairo- Masood Ahmed has been the director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) since 2008. Ahmed is willing to step down from his post on October, a decision that International Monetary Fund Chief Christine Lagarde...

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People line up to buy basic products outside a supermarket in Caracas, Venezuela, January 15, 2016. REUTERS/Marco Bello

Iran’s Ally Venezuela is Rich in Oil but Poor in Basic Needs

by Luisa Polido | Aug 17, 2016 | World

Bogota-Venezuela, one of the richest Latin American countries thanks to oil, is also a country that lacks food, medicine and daily essentials. It seems to be following the footsteps of its ally Iran. Humanitarian and social situations reached a dramatic level in which...

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International Monetary FundReuters

IMF Reliefs Chronic Struggles of Iraq

by Assma al-Khawli | Jun 15, 2016 | Business

Following long negotiations, Iraq has agreed on applying the International Monetary Fund’s (IMF) measures to receive loans of $5.4 billion over three years to help the country on surviving a liquidity crisis led by the decline of revenues in line with the significant...