Economy & Trade

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Affording a home and getting married is still difficult under Sisi for many young men unable to make a living.
January 29, 2015 - 16:35 GMT
Facing grim economic prospects at home, desperate young Egyptians are seeking jobs in Libya, a country sliding into lawlessness.

November 13, 2012

A team from the IMF has just finished a series of meetings in Algeria
11:56 GMT

The International Monetary Fund has just finished a visit to Algeria to asses the economy and hold discussions on the short and medium term policies that are being put in place in the context of a weakened global economic recovery.

Dubai Chamber
09:50 GMT

The Dubai Chamber Trade Mission to Azerbaijan left for Baku Tuesday with over 20 leading business delegates looking to explore investment opportunities in this fast emerging market of the world.

The Iranian economy has seen only a minor contraction due to Western oil sanctions, according the the IMF
09:12 GMT

The International Monetary Fund has said that Iran's economy has suffered only a minor contraction because of the ban on oil exports from Western nations.

Arab and Hungarian business leaders are considering $2 billion worth of investment in the MENA region
09:02 GMT

Arab and Hungarian officials and businessmen are mulling around $2 billion worth of investments during a forum in Budapest that kicked off Monday.

November 12, 2012

Trouble ahead for the Egyptian economy
11:25 GMT

Former Egyptian Finance Minister Samir Radwan warned of a severe financial crisis to hit the country if serious steps are not taken to salvage the collapsing economy, as foreign investment drops sharply.

Bourse and fireworks : Everything is going up in Kuwait
10:09 GMT

Kuwait celebrated the 50th anniversary of the country's constitution with a large fireworks display, but also rising high in to the sky was the bourse - the stock exchange - as Kuwait gears up for elections in early december.

After the revolution, Egypt has attempted to recover money from corrupt officials
03:00 GMT

Egypt has recovered around $1.8 billion in funds and lands corruptly appropriated by Mubarak-era figures, the state-run daily newspaper Al-Ahram has reported

November 11, 2012

Debtors in Abu Dhabi have been given a reprieve by the President
12:29 GMT

In an announcement that invoked the memory of Dickensian work houses for those who could not pay their debts, the UAE has released 290 Emirati defaulters in Abu Dhabi and called on other citizens in similar situations to ask for assistance.

Inflation is beginning to ease in Kuwait
11:45 GMT

As Kuwait struggles with the largest ever protests seen on its streets, inflation is beginning to eases, helped by a reduction in the cost of food, which had been a major source of upward pressure.

Can Jordan's Ensour calm the nerves of citizens?
08:37 GMT

Jordan's Prime Minister has tried to calm fears over fuel price increase saying that 70 per cent of Jordanian citizens will not be affected, as the country grapples with and imminent IMF loan that will require the reduction in subsidies.

As government paramilitaries are deployed, the government announces the economy is set to grow.
08:01 GMT

Bahrain’s economy is expected to grow at four to five per cent despite the unrest and global developments, as the government's paramilitary wing, the National Guard, is deployed at "strategic locations".

Troubling news for the Central Bank of Egypt as inflation creeps up
07:26 GMT

Egypt’s inflation rate grew to seven per cent in the 12 months to October 2012, marking a significant rise on September’s rate, official data showed Saturday.

Iraqi Prime Minister Nuri Al Maliki's office has said that it is cancelling a $4.2 billion dollar arms deal with Russia
06:46 GMT

Iraq has cancelled a billion-dollar arms deal that would have made Russia the second-largest importer of weapons to the country after the USA. Baghdad has cited potential corruption in the contract, which was worth $4.2 billion.

His Excellency Sami Al Qamzi, Director General of DED
04:46 GMT

Consumers and business owners in Dubai have stepped into the final quarter of 2012 with renewed confidence and a brighter outlook on jobs and spending.

Can Tehran control inflation?
04:00 GMT

Iran's rate of inflation rose by 1.4 percent in the Iranian calendar month of Shahrivar (from August 22 to September 21) and reached 24.9 percent as Tehran struggles with Western sanctions and a currency crisis.