Egypt : Saudi Arabia’s aid package to save dwindling economy
Saudi Arabia will be offering $5billion to Egypt to save its declining economy. The Egyptian Stock Exchange has been on the decline forcing the Board […]
Finance
MENA : Islamic banks growth to depend on ethics
After coming into existence in the 1970’s, Islamic banks have experienced impressive growth in the Middle East and North Africa. The banks are now expected […]
GCC: Budget deficits to rock states by 2015, IMF
Members of the Gulf Cooperation Council namely Saudi Arabia, the UAE, Kuwait, Qatar, Oman and Bahrain could be facing serious economic woes and budget deficits […]
Egypt: IMF returns to help new government
A delegation from the International Monetary Fund will be visiting Egypt to provide technical aid on the government’s planned Value Added Tax (VAT) system. They […]
Tunisia: Fitch cuts Tunisia’s ratings and promises more
Fitch ratings have published a negative outlook of Tunisia and have promised to implement further cuttings if the situation in the country is not remedied. […]
Egypt: billions to revive the economy
After experiencing what could be the worst crisis since Mubarak stepped down from power, Egypt has revealed its intentions of reviving its handicapped economy. The […]
Tunisia gears towards financial emergency
An official of the International Monetary Fund (IMF) has stated that the assassination of Mohamed Brahmi in July which provoked protests against the government has […]
Moroccan Bank Boosts South-South Cooperation
Moroccan Attijariwafa bank officially became last week the majority shareholder in BIA Togo, confirming thus its role in boosting regional economic development and South-South cooperation. […]
US government becomes Jordan’s loan guarantor
The United States have decided to come to Jordan’s rescue by willing to serve as a guarantor for its loans. The kingdom of Jordan is […]
Libyan Banks ready to auto-finance development and growth
Libya’s banking sector is willing to give more support to the Libyan Airlines in order to make a regional and even a continental powerhouse in […]