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Decline in private investments to 51% in the reform programme; government controls 53% of bank loans since beginning of the year
Having all the mechanisms for handling SMEs under one roof will facilitate the process of establishing and funding SMEs, says Marzban
The World Bank expects 5.5% growth in Egypt in FY 2019
The first legislative year has ended with many constitutional violations, say experts
It is illegal for a decision annulled by the Administrative Court to be appealed in a civil court such as Abdeen Court, says Malek Adly
The Tunisian parliament has approved the new government of Youssef Chahed. The decision ends months of negotiations as the country deals with various security and economic challenges.
International education, medicine, and special needs cars are added to the list; discussions to continue next week, say sources
Poverty in Egypt will increase throughout the year, as the government did not use the incoming foreign currency to create jobs, according to Aliaa Mamdouh, a former economist at CI Capital Investment Bank. The current economic and social conditions in Egypt are projected to increase the poverty rate in the coming years. The government appears …
The Ministry of Supply topped the corruption chart with almost 20% of the cases
After using social media to publicly quash the coup, Turkey’s government is cracking down on news sites and purging state institutions again. Here is how censorship works in the country – and how Turks react to it.
‘Egypt’s Support’ members are pressuring MPs into accepting the civil service law, says Maat
Paris is looking to welcome bankers and investors as London’s role as a global finance hub comes under question after the Brexit vote. PM Manuel Valls has outlined the offer.
The German cabinet has thrown its weight behind Finance Minister Wolfgang Schäuble’s draft budget for next year and his financing plans up to 2020. The main message is no fresh borrowing will be needed.
DST was first applied in 1998, then abolished in April 2011
Mexico has delivered food to the state of Oaxaca as protests strangle parts of the country. Several people have died in clashes with police, and roadblocks have disrupted the transport of essential supplies.
Germany’s decision a few years ago to phase out nuclear power was an abrupt move. But it still remains unclear who foots the bill for shutting down the nation’s nuclear plants, as utilities seek damages from the state.
The German government has said Europe’s powerhouse will not move away from its budgetary policy of zero fresh borrowing, Brexit or not. It’s Berlin’s way of sending a “signal of continuity,” but not everyone is amused.
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.
Voting session will pass the draft if it gets more than 350 votes; with attempts to convince Free Egyptians and Al-Wafd parties to approve
Parliament and political parties criticise the government’s delay in finalising the municipalities bill
A German newspaper says the government is trying to put together a consortium of European investors to buy Kuka, a leading German robotics maker. The aim is to prevent a takeover of Kuka proposed by a Chinese firm.
In Brazil’s political crisis anything seems possible these days. How long will Vice-President Temer cling to his post? Will there be early elections? Even a comeback of President Rousseff could happen.
Investment demands worth $5.3bn on the Supply Ministry’s commercial chains project
Can Greece deliver on its promises this time? Michel Friedman interviews Nikos Pappas, Greek Minister of State in Alexis Tsipras’ government.
High interest rates are main obstacle for MSMEs in Egypt, says HDB chairperson
Demonstrators have gathered in Baghdad to protest Iraq’s government every Friday for months. The Shiite cleric Muqtada al-Sadr is using the movement to stage his political comeback, Birgit Svensson reports from Baghdad.
India’s top court has ruled that tobacco companies must display larger health warnings on cigarette packs, giving a boost to the government’s latest move to reduce smoking and curb tobacco-related illnesses. DW examines.
Puerto Rico has said it’s hoping to avoid some lawsuits against it after the US territory said it would not be able to pay back its debt. The government warned the money was needed to keep critical services functioning.