Egypt is set to be given the fourth $2 billion tranche of the $12 billion International Monetary Fund (IMF) loan, Finance Minister Mohamed Maait has announced. The money will...

Qatar has extended a $500 mln aid package to Jordan that includes investments, project finance and job opportunities for Jordanians, an official source in Amman said on Wednesday. Two...

Jordan is pinning hopes on oil-rich Gulf states led by Saudi Arabia committing to a multi-billion dollar aid package to help it weather an economic crisis that sparked rare...

Jordan will ask the IMF to give it more time to implement reforms after some of the largest protests in years showed pushing the debt-burdened country beyond its means...

Tunisia will raise fuel prices in the coming days but hold off increasing public wages this year to meet terms of the International Monetary Fund (IMF) for its next...

The Egyptian government is to impose a monthly tax on Syrian refugees starting this summer which will be increased annually according to Syria Call news agency. The tax, which...

Morocco’s left-wing parties are preparing to hold candlelight protest marches at night on Saturday because of what they described as “deteriorating economic conditions and the decline in media, trade...

The arrest of 16 prominent businessmen on charges of corruption and embezzlement may have made the media headlines in Sudan, but under the country’s current “illegal wealth” laws there...

Egypt’s Minister of Finance Amr Al-Garhi has confirmed that his country’s public debt has risen fivefold in the last five years and is expected to continue to rise in the foreseeable...

Egypt will have to deepen its IMF-backed reforms and better encourage private sector growth if it wants to cash in on a wave of global expansion that may soon...

The Egyptian Minister of Education, Tarek Shawki, yesterday announced the approval of a $500 million loan from the World Bank to support education development in the country. The loan...

The Tunisian General Labour Union (the largest trade union organization in the country) has blamed the government for the deterioration of the Tunisian economy. Samir Al-Shafi, Assistant Secretary-General of the...

The Turkish government has revealed details of a $34 billion investment package aimed at creating jobs and reducing the country’s rising deficit, according to Hurriyet Daily News. The project-based...

Qatar has weathered the worst of the Gulf’s economic boycott, the International Monetary Fund (IMF) announced earlier this month, the latest in a series of reports that has seemingly...

Teacher Abdelrahman Ali wonders if he will be able to afford diapers for the second child his wife is expecting. He can no longer put meat on the dinner...

Algeria is facing tough options proposed by the International Monetary Fund (IMF) in an attempt to reform the country’s economy. Earlier this week, an IMF team concluded a visit...

Jordan’s Prime Minister Hani Mulki reshuffled his cabinet on Sunday and appointed the king’s chief of staff as his special deputy for economic affairs in an apparent bid to...

Saudi Arabia has become the biggest deal-maker in the Middle East after its Public Investment Fund (PIF) spent about $54 billion on investments last year, Bloomberg reported on Tuesday....

Egypt’s Central Bank (CBE) said yesterday that the volume of remittances from Egyptians working abroad increased by 29.3 per cent year-on-year to reach $2.6 billion in December last year....

Middle Eastern countries should pursue fiscal policies to support growth and build broader tax bases to fund infrastructure projects and social spending, IMF Managing Director Christine Lagarde said today....

Egypt yesterday signed an agreement to receive the third $500 million tranche of a $1.5 billion loan package from the African Development Bank (AfDB). The loan agreement, which was...

On 13 November last year, a report was released by the International Monetary Fund (IMF) on the state of consumer subsidies in Sudan. It received scant media coverage but...

Tourism revenue in Egypt will rise 105 per cent by the end of the year, taking it to $7 billion, Deputy Tourism Minister, Adela Ragab, said. According to Tariq...

Remittances from Jordanians living abroad has risen by 0.7 per cent during the period from January to September this year, the state-run Jordan News Agency (Petra) reported quoting figures released by the...

The International Monetary Fund (IMF) warned that the continuing diplomatic crisis in the Gulf region could weaken the GCC’s economic growth. “A protracted rift could slow progress toward greater...

Egypt’s Ministry of Social Solidarity will launch a project to expand the establishment of nurseries, including a new system for home nurseries, later next year. The government intends to...

The International Monetary Fund (IMF) called on Friday for Algeria to diversify its income sources, fearing it would be affected by the decline in oil prices, Ennaharonline.com has reported....

Egypt and the US signed eight bilateral assistance agreements amounting to some $121.6 million, aimed at promoting development in the country, the US Embassy in Egypt announced yesterday. The...

The International Monetary Fund (IMF) has praised the Egyptian government’s plan to reform the economy, which include an increase in electricity tariffs and a rise in fuel prices in...

Algeria’s newly appointed Prime Minister, Ahmed Ouyahia, said yesterday that his country will emerge from the current financial crisis within three years. The prime minister made the remarks as...

Egypt will impose additional taxes on various basic services including electricity and water, an official in the finance ministry revealed. The official, who asked not to be named, said...

The news that Saudi Arabia is applying for a $10 billion loan from the International Monetary Fund (IMF) is shocking. The country is the world’s largest exporter of oil,...