Latest in Tag: Economy Highlight

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Latest in Tag: Economy


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The feasibility of Egypt’s IMF loan

On 11 August, the International Monetary Fund (IMF) announced that it had reached an initial agreement with Egypt to lend the country $12bn over a three-year period, joining Iraq, Tunisia, and Jordan in taking money from the Washington-based fund. Egypt’s programme is likely to see the government of President Abdel Fattah Al-Sisi move toward a …

Hisham Salah

Radwa Elsaman

Egypt’s parliament and expectations for legal reform: franchising law

Private sector development is still a huge challenge for Egypt’s economy. The business climate should be one of the prime targets for the government, particularly as Egypt dropped down in the Doing Business ranking for 2015–2016. There could not be a better time to take the necessary legal steps to improve the business climate in …

Radwa Elsaman

German economy

German economy logs moderate growth

While losing some of its previous momentum, the German economy is still in a robust state, logging higher-than-expected growth in the second quarter. Exports and private consumption were behind the expansion.

Deutsche Welle

China trade

China trade performance slumps

China has logged worse-than-expected trade figures for July, with both exports and imports falling sharply. The world’s second-largest economy is feeling the pinch of lackluster domestic demand and mounting debt.

Deutsche Welle

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Cairo’s economic fog

Al-Sisi appears to lack fundamental understanding of the potential economic and political damage that a soaring US dollar can do to a mangled Egyptian economy

Amr Khalifa

Japan promises huge stimulus package

Japan promises huge stimulus package

The Japanese government has said it’ll compile a huge stimulus package to kickstart the Asian country’s flagging economy. The announcement put more pressure on the Bank of Japan to increase monetary easing.

Deutsche Welle

China and EU

Beijing’s long-awaited status update

Until now, China has forgone being titled a market economy, a matter far beyond semantics. It believes the time to change this has come. But it still has to convince the EU of the same – either through talks or threats.

Deutsche Welle

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Brexit – the end of globalization?

It is still unclear how the UK will split from the European Union. But the Brexit vote is already a setback for advocates of free trade. This could affect millions of people in the world’s poorest countries, say experts.

Deutsche Welle

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German unemployment falling further

Joblessness in Europe’s biggest economy has never been lower in more than a quarter century, dropping below 6 percent for the first time since June 1991 as healthy economic growth causes companies to continue hiring.

Deutsche Welle