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Would GCC Banks Fix Damages Caused by Oil Prices’ Drop?
The GCC countries have ran important structural reforms aiming to diversify economic activities and providing job opportunities in the private sector. In this context, the banking sector will be one of the main concerned parties by sponsoring small businesses and...Caption:
A Houthi militant sits amidst debris from the Yemeni Football Association building. REUTERS/Mohamed al-Sayaghi
World Bank: Our Operations Remain Suspended in Yemen
London,Cairo–Yemeni Deputy Prime Minister and Foreign Minister Abdul Malik al-Mekhlafi revealed that the Yemeni government is studying a number of economic options for Yemen. Mekhlafi told Asharq Al-Awsat that after militias looted the central reserve, the government...Caption:
International Monetary FundReuters
IMF Reliefs Chronic Struggles of Iraq
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...Caption:
Men walk on a road amid wreckage, after three
blasts ripped through Aleppo’s main Saadallah al-Jabari Square.
REUTERS/SANA