Egypt and IMF agree on a $5.2bn stand-by arrangement
Egypt and the International Monetary Fund reached a staff-level agreement on a $5.2 billion stand-by arrangement that aims to alleviate...
Business & Economy
Massive government support to private sector
The unwavering support extended by the government to the country’s vibrant private sector during the blockade years, underscores the government’s...
Turkey to reopen border crossings with Iraq, Iran
Turkey will reopen two border crossings with Iraq and Iran this week as the country comes out of months of...
Emerging from shadow of COVID-19: UAE PMI data shows signs of economic recovery in May
The UAE economy is showing signs of recovery from the contraction in May as the country emerged from its strictest...
EAEU, Egypt to step up FTA talks
The Eurasian Economic Union and Egypt will intensify work on the agreement to set up a free trade zone. This...
Egypt ranks third in exports of dried onion
Egypt ranked third globally in 2019 in the export of dried onion with exports totaling 13.6 tons, after India and...
Oman draws $28.6bn FDI till Q3 2019
The foreign direct investment (FDI) in Oman till the end of the third quarter of 2019 was RO11.04 billion ($28.68...
Saudi central bank injects $13.333bn to support liquidity of banking system
The Saudi Arabian Monetary Authority (SAMA) is set to inject $13.333 billion in the banking system to enhance the liquidity...
PPP law to accelerate Qatar’s economic development: QC
Qatar Chamber’s (QC) Chairman Sheikh Khalifa bin Jassim Al Thani praised the Public-Private Partnership Law, issued by the Amir H...
Qatar-Germany economic ties to expand in post-COVID-19 era
Qatar and Germany are well-positioned to revive their respective economies from the impact of coronavirus disease (COIVD-19). Both the countries...
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