Latest in Tag: Economy Highlight
Latest in Tag: Economy
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 …
The German economy has logged another quarter of expansion, the National Statistics Office has confirmed.
In the second part of a two-part interview, Al-Sisi included similar rhetoric from previous speeches, ranging from praising national projects, denying the negative effects of foreign loans on lower classes, and defending the army’s role of the army in the economya
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 …
The South Korean president has granted pardons to thousands of people who’d been convicted of crimes. Among them are many businessmen, who were called upon to contribute towards kick-starting the economy.
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.
As Zambians head to the polls on Thursday, tough economic times will be on the minds of most voters. Inflation is high and prices of commodities have gone up.
It is obvious that The Economist has chosen to take sides with those bent on undermining Egypt, says Abu Zeid
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.
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
Egypt aims to develop manufacturing, agriculture, and tourism sectors
Egypt needs this particular loan in light of the suffering economy, says El-Qosayer
The committee’s decision comes in an effort to control the rising rate of inflation which reached a record high of 14.8% in June
It is hoped that this will achieve stability in Egypt’s financial markets, as well as realising targeted growth rates.
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.
Worrying uncertainty and structural weakness inform depression in world economic growth, commodity prices buoy MENA, says IMF
Amid concern that the Chinese economy would slip further, second quarter data shows that it may have found its footing. But analysts are plenty worried about the reliance of state intervention to uphold growth.
Higher Investment Council headed by Al-Sisi to review all investment laws and procedures
Current pace of borrowing will drive external debt over safe limits within two years; the government lost $100bn of investments at Sharm El-Sheikh conference, says Prime Holding economist
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.
The Sustainable Development Goals must become the yardstick for judging inclusive growth
Egypt’s informal economy has grown as a result of dysfunctions in the formal economy, which lacks dynamism, flexibility, and resilience
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.
The FocusEconomics consensus expects the UK economy to grow 0.3% in 2017
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.
Germany’s Vice Chancellor Sigmar Gabriel is embarking on a three-day trip to Greece, where he is expected to focus on intensifying bilateral trade and investment partnership amid the fallout from Brexit.
Indonesia has introduced a tax amnesty as the government hopes to lure back capital parked abroad by wealthy citizens. But the measure has faced criticism from people unwilling to let evaders off the hook.