The latest review by the International Monetary Fund has found that Egypt’s economic reforms are on track, paving the way for the transfer of another $2...
The International Monetary Fund has lowered its 2017 growth forecast for the British economy, saying the impact of Brexit has weighed on the economy despite a...
Saudi Arabia, for decades dependent on crude oil to fund its budget, now says it will cut its reliance on the black gold to less than half of total revenues.
With fixed exchange rates and some of the world’s worst debt and balance-of-payment ratios, Lebanon risks serious economic crisis next year should worsening...
Public Works and Transport Minister Youssef Fenianos Monday discussed the expansion of Lebanon’s international airport with officials from the World Bank and...
Saudi Arabia is preparing for the biggest budget in its history, announcing Tuesday record expenditures of 978 billion riyals ($261 billion) this coming...
Iran's economy is starting to recover more rapidly from years of international sanctions but the country urgently needs to shore up its banks, a senior...
Sudan’s president is wanted for crimes against humanity, the economy has lost much of its oil output and the government is in arrears with the IMF. And yet...
Swapping new cars for cheaper models, cutting back on pricey supermarket shopping and giving up holidays abroad, middle-class Egyptians are finding strategies...
The Great Recession is a speck in the rear-view mirror for America’s financial markets. They’ve advanced far beyond precrisis levels. In fact, Goldman Sachs...
A general strike in Greece on Thursday has paralysed the civil service, trains and ships and will also disrupt some domestic flights as well as the operation...
The Gulf’s dollar-pegged economies have followed a U.S. interest rate hike to maintain the value of their currencies but at the risk of denting efforts to...
Greeks walked off the job in a nationwide strike on Thursday to protest austerity measures and reforms the leftist-led government has agreed with the...
President Michel Aoun will call on the heads of countries participating in an upcoming summit on Jerusalem to make necessary decisions to maintain the Arabism...
Wall Street economists are telling investors to brace for the biggest tightening of monetary policy in more than a decade.
Kuwait appointed as oil minister Bakheet al-Rashidi, who led the OPEC member’s international refining unit as the business expanded from Italy to Vietnam.
In the year following the implementation of an economic reform package from the International Monetary Fund, Egypt’s economy has witnessed the rapid unwinding...
Iranian President Hassan Rouhani proposed to Parliament Sunday a conservative state budget of about $104 billion for next year, with the outlook for the...
A year ago, with the election of a U.S. president who had fulminated against the international trade and financial systems, some analysts worried that the...