EU plans to raise $825 billion for coronavirus relief
The European Commission has proposed giving hundreds of billions of euros to EU countries that have seen their economies devastated...
Economy
Egypt’s GDP to grow 3.5% in 2020-2021 fiscal year if coronavirus ends: Planning Minister
Egypt’s GDP is anticipated to grow by 3.5 percent in fiscal year 2020-2021 if the coronavirus crisis ends, Minister of...
Qatar: QR75bn stimulus key to ensure sustainability of businesses says Seetharaman
Qatar’s QR75bn financial and economic incentives program is “very important and plays a key role in sustainability of businesses and...
Coronavirus: countries vie to re-open tourism sectors to repair battered economies
Countries across the globe are jockeying for pole position to be the first to restart tourism as a rapid fix...
Diab affirms Cabinet commitment for reforms during CEDRE meeting
Prime Minister Hassan Diab reiterated his government’s commitment to implement necessary reforms to unlock international aid during a coordination meeting...
Egypt’s PM, ministers, experts discuss economic situation in light of coronavirus crisis
Egypt’s Prime Minister Mustafa Madbouli has chaired a panel discussion with ministers and experts, to discuss the economic situation following...
Egypt’s GDP expected to grow by 2.5 percent in FY2019/20, 3 percent in FY2020/21: EBRD
Egypt’s GDP is expected to grow by 2.5 percent in the current FY2019/2020 and by 3 percent in FY2020/2021, on...
Iraq’s government to establish emergency cell for financial reform
The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the...
S&P affirms Qatar’s rating; outlook remains stable
The S&P Global Ratings has affirmed its ‘AA-/A-1+’ long- and short-term foreign and local currency sovereign credit ratings on Qatar....
UAE to build post COVID-19 economy on digital, announces two-phase recovery plan
The UAE has given the first indication of how it plans to shape the economy in a post-COVID-19 world -...
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