Main headlines

April 16, 2013

Saudi Prince AlWaleed Bin Talal  is sitting pretty on top of the Forbes' Middle East rich list
11:00 GMT

Saudi Prince AlWaleed Bin Talal topped the 100-person richest Arabs list, according to Forbes, as former Lebanese PM Najib Mikati comes in it at 8th.

Egypt's IMF deal remains on hold
10:43 GMT

A team from the International Monetary Fund concluded a two week visit to Egypt on Monday without signing a deal on a much-anticipated $4.8 billion loan, but the international lender said progress with Egypt was achieved.

Tunisia and the IMF are due to finalize a $1.78 billion precautionary loan
08:20 GMT

Tunisia and the International Monetary Fund have reached an agreement on a $1.78 billion loan to the north African country, due to be announced on Tuesday.

The number of tourists visiting Egypt in February of this year grew 12 percent year on year
03:59 GMT

The number of tourists visiting Egypt in February of this year grew 12 percent over the corresponding month one year earlier, new data from Egypt's official statistics agency CAPMAS showed on Monday.

April 15, 2013

The IMF has revised down Algerian unemployment, but youths with out work remains a big issue
13:37 GMT

The International Monetary Fund has revised downwards ALgerian unemployment, according the the north Africa country's Minister of Labour, Employment and Social Security, Tayeb Louh.

Inflation dipped in Palestine last month, according to new statistics (Getty Images)
13:27 GMT

The Consumer Price Index, a measure of inflation, dipped by 0.5 per cent in Palestine last month, the lastest figures show.

The proportion of Arab satellite channels which are privately owned has reached 73.3%, new figures reveal
12:45 GMT

The proportion of Arab satellite channels which are privately owned has reached 73.3%, with 25.8% being government-owned, according to a report released by media research company Discover Digital Arabia.

Turkey is to keep on importing Iranian oil, the country's energy minister has said
12:24 GMT

Despite strong pressure to stop using Iranian oil turkey has said it will keep on importing from the Persian country.

There have been no Libyan deposits at the Central Bank of Egypt
09:34 GMT

There are currently no Libyan deposits at the Central Bank of Egypt (CBE), said a media spokesperson at the CBE.

New statistics from the Central Bank of jordan show remittances and tourism revenues up in the first quater of 2013
09:01 GMT

New figures from the Central Bank of Jordan show an increase in remittances to the country and tourism revenues.

Egypt's Central Bank auctioned of $600 million to cover key imports yesterday
08:35 GMT

The Central Bank of Egypt (CBE) held an exceptional foreign exchange auction of $600 million on Sunday.

Lebanese banks expect healthy profits in 2013
08:12 GMT

Leading Lebanese banks’ profit growth will be on the upswing in the first quarter of 2013, according to FFA Private Bank market research.

The IMF meeting Egypt's opposition figures is straining relations between parliament and the Shura council
03:59 GMT

Meetings between the International Monetary Fund delegation and Egyptian opposition leaders and civil society organizations have caused confusion and tension within the government, according to parliamentary and government sources.

April 14, 2013

Lebanon's energy minister signed a $470 million contract on Friday for a new power plant in near Tripoli, Lebanon.
14:08 GMT

Lebanon's energy minister signed a $470 million contract on Friday for a new power plant in near Tripoli, Lebanon.

Somali piracy cost the global economy $18 billion annually, according to the World Bank (Getty)
13:44 GMT

Somali pirates are pushing global trade costs up by billions of dollars per year, severely affecting the economic activities of neighboring countries, a new World Bank report has found.