The U.S. has been providing hundreds of millions in counterterrorism assistance to its ally, which isn't stalled as a result of the ouster
March 14, 2015 - 08:38 GMT
Secretary of State John Kerry delivered words of encouragement Friday for Egypt's efforts to attract greater foreign investment, but no new military assistance as demanded by the country's president.
A total of 112 countries will be represented at the conference, including more than 30 heads of state.
March 13, 2015 - 19:07 GMT
Leading global figures in politics, business and academia arrived in Sharm El-Sheikh on Friday for the opening of Egypt's economic development conference, which is scheduled to last until Sunday.
Some analysts are confident about the economy, regardless of whether
March 12, 2015 - 21:13 GMT
Whoever wins Israel's election next week must answer demands for relief from soaring housing prices and a high cost of living, but the days of big state spending on social programmes are unlikely to return.
Egypt's government will promote 60 projects at the much-publicised economic development conference to be held in the resort town of Sharm El-Sheikh on the 13-15 March.
March 12, 2015 - 12:35 GMT
The conference is anticipated to lure back international investors scared off by four years of political turmoil since the 2011 uprising.
The CBE said this was to bring annual inflation rates to 9.09% in November, and then to 10.13% in December. “
March 11, 2015 - 17:41 GMT
Egypt’s annual inflation rose to 10.7% in February from 9.7% registered in January, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced Tuesday.
'The latest report has surveyed up to BD400 million in squandered public money for the last two years,' he said.
March 08, 2015 - 08:43 GMT
Probe committees in Bahrain will investigate criminal violations involving BD400 million ($1.05 billion) of squandered public money, a report said.
Ibrahim Aljanahi, Deputy CEO Commercial
March 08, 2015 - 08:37 GMT
France is one of the UAE’s top strategic partners. Both countries enjoy strong relations, particularly in the field of trade, culture and defence.
The UAE along with Saudi Arabia have pledged billions of dollars to support the Egyptian economy.
March 03, 2015 - 17:24 GMT
Investment climate in Egypt is improving and the country will be back on economic recovery if the new policies for the economic growth are implemented,
Real sector outstanding foreign debt shot up more than sixfold, from $43 billion in 2002 to $268 million in 2013
March 02, 2015 - 21:01 GMT
Turkey is headed toward a major economic crisis, warned former United Nations Development Programme (UNDP) Turkey Director Bartu Soral.
This spending comes when a declining oil price has put pressure on government spending across the Gulf region.
February 24, 2015 - 20:48 GMT
The United Arab Emirates (UAE) has signed a combined Dh9.48 billion ($2.58 billion) of defence deals on the first two days of the International Defence Exhibition and Conference (Idex 2015),
During the event
February 22, 2015 - 05:34 GMT
The British Standards Institution (BSI), the UK's first national standards body, awarded Dubai Customs The International Standard for Service Excellence (TISSE).