January 31, 2013
The International Monetary Fund called on Lebanon to implement deeper reforms as Finance Minister Mohammad Safadi met U.S. officials in Washington Wednesday.
Eygpt's foreign reserves have risen to $15.5 billion, helped by a deposit by Qatar to support the economy, the North African country’s finance minister said.
Egypt's finance minister has said negotiations over a $4.8 billion IMF loan are currently on a government review and 'social dialogue'.
January 30, 2013
Egypt's sovereign rating has been downgrade by Fitch.
Announcing the funding, UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan said the UAE was committed to providing relief for Syrian refugees in neighboring countries.
The oil-rich state has placed the £3bn Chelsea Barracks housing development on hold and may even sell the land without starting construction a source close to the matter states.
Dubai FDI targets to attract, grow and retain foreign direct investment into Dubai.
The chief executive of Saudi Arabia’s National Commercial Bank, one of the Arab world’s largest lenders by assets, has resigned.
The Cabinet agreed Tuesday to extend the operation licenses of touch and Alfa mobile companies for a maximum of one month to pave the way for a new tender.
The country is struggling to cope with a rising energy bill, a massive influx of Syrian refugees and a huge cut in foreign aid.
Iran said it could move to sue BP over an oil spill last year at the Azeri-Chirag-Gunashli oil platform it operates after oil from the spill washed up on Iranian beaches
At the end of November last year, the country’s total exports recorded a drop by 1.7 per cent.
Egyptian stock market falls with another day of violent clashes.
January 29, 2013
International tourist arrivals surpassed one billion for the first time last year, with the Asia-Pacific region posting the biggest increase in foreign visitors, and numbers will rise further in 2013, a UN body said Tuesday.
Qatar plans to issue local currency sovereign bonds with three and five-year maturities in 2013, reported Reuters, citing an IMF official.