Archive of Economy
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Foreign investment in Arab states rises despite unrest
Foreign direct investment into Arab states rose by 9.8 percent last year despite unrest in some of them but remained well below its level in 2010, ... Economy -
U.N. recommends bringing Iraq closer to ending 1990s sanctions
U.N. Secretary-General Ban Ki-moon on Tuesday recommended bringing Iraq one step closer to ending all U.N. sanctions imposed on Baghdad more than two ... Economy -
Tunisia faces risks, but is not ‘new Greece,’ says IMF
Tunisia, which recently garnered an IMF loan, faces risks linked to its political transition and the global economy but will not be a “new ... Economy -
EU’s 1bn euro aid to Egypt ‘ineffective’, says audit
A billion euros of EU aid channeled to Egypt before and after the January 2011 uprising that ended Hosni Mubarak’s reign was ineffective, ... Economy -
Egypt investment minister aims for 7% growth in two years
Egyptian Investment Minister Yehya Hamed said on Monday he aimed to boost Egypt’s anemic economic growth to as high as seven percent in two ... Economy -
Israeli budget wins initial parliament approval
A budget of tax hikes and spending cuts won initial approval from Israel’s parliament on Tuesday but lawmakers from Prime Minister Benjamin ... Economy -
GCC to continue heavy investments in infrastructure
The Gulf Cooperation Council (GCC) countries will continue to invest heavily in infrastructure and diversify their economies, thus boosting non-oil ... Economy -
UAE said to revive bourse merger plan after huge aluminum deal
The United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local ... Economy -
Sudan, South Sudan to take steps to lower oil tension
Sudan and South Sudan are prepared to take steps, brokered by the African Union, to try to avert an oil crisis between them amid accusations from both ... Economy -
Yemen to receive $144m loan from Arab Monetary Fund in 2013
The Arab Monetary Fund (AMF) will provide a $144 million loan to Yemen this year to help its financial reform program, the fund said on Monday. ... Economy