Abu Dhabi sees tighter liquidity conditions
As with the rest of the banking sector across the GCC region, Abu Dhabi’s financial institutions are seeing liquidity conditions...
Business & Economy
Egypt considered the 2nd largest economy in Africa after Nigeria
The biggest news in the African Economy arena this week was how Egypt's economy surpassed its South African counterpart to...
Iraq sees $15 billion in aid through 2017 as IMF deal looms
Iraq’s possible loan accord with the International Monetary Fund may unlock at least $15 billion in aid this year and...
Qatar water use jumps 70% in seven years
Water consumption in Qatar increased by 70 per cent in the seven years up to 2013, the first ever water...
Egypt to establish sky train worth $4.5 billion
Prime Minister Sherif Ismail met Tuesday with the Canadian ambassador in Cairo and representatives of Bombardier Inc. to discuss the...
South Korea to boost investment in Egypt with $3 billion deals
Minister of International Cooperation Sahar Nasr received a delegation from South Korea to discuss the implementation of a number of...
Sudan and Saudi Arabia to explore for Red Sea minerals by 2020
Sudan and Saudi Arabia have agreed to start exploring for mineral resources, including silver and gold, in the Red Sea...
Red Sea bridge creates expectations of increased Gulf investments in tourism sector
Workers in the tourism sector expect an increase in tourist investments, especially in the Gulf of Aqaba across several touristic...
Remittance inflows to Lebanon reach $7.2 billion in 2015
The World Bank (WB) has revised down its estimation of remittance inflows for 2015 to $7.2 billion, according to its...
Saudi Arabia plays an important role in boosting Egypt’s economy
Multiple billion-dollar deals signed recently between Egypt and Saudi Arabia are part of a push by the latter to invest...
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