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International Monetary Fund

International Monetary Fund latest

Argentina Won't Repay IMF Debt Until Recession Is Over
February 10th, 2020 - 09:38 GMT

Argentina Won't Repay IMF Debt Until Recession Is Over

Argentine Vice President Cristina Fernandez de Kirchner said the government will not pay “even half a cent” of its debt back to the International Monetary Fund before the country has exited recession. “The first thing we have to do in order to be able to pay is to exit the recession,” Fernandez de Kirchner said at a presentation of her book “Sinceramente” (Sincerely) at Havana’s international book fair. “If there ...
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41 per cent of savers in the UAE are planning to start their savings journey in 2018.(Shutterstock)
June 6th, 2018 - 09:41 GMT

UAE Residents Hopeful on Greater Savings in 2018

Qatar's real gross domestic product (GDP) will accelerate from 2.6 percent in 2018 to 2.7 percent in 2019. (Shutterstock)
June 4th, 2018 - 08:13 GMT

Qatar's Economic Growth to Accelerate in 2019: IMF

Thousands of Jordanians demonstrated against price increases, calling for ‘toppling of government’. (DN Egypt)
June 3rd, 2018 - 10:26 GMT

Jordan’s King Freezes Fuel Price Hikes for One Month Following Mass Protests

Limousines parked outside a government tourism office in Nusa Dua ahead of King Salman's visit to Bali. The Saudi State has a long history of trade with Germany.
May 30th, 2018 - 01:02 GMT

Why is Saudi Arabia Restricting German Business in the Kingdom?

Dubai is exempting companies from administrative fines in a fresh effort to stimulate business. (Shutterstock)
May 30th, 2018 - 07:15 GMT

Dubai Cancels Corporate Fines to Boost Business

The UAE has expanded its role as one of the leading hubs for Islamic finance, an alternative way of banking and insurance based on Islamic law. (AFP)
May 28th, 2018 - 07:58 GMT

Great News for the Islamic Banking Industry

On Friday, the Pakistani currency closed at 31.47 against the UAE dirham and 115.5 against the greenback. (Shutterstock)
May 27th, 2018 - 08:08 GMT

Time to Remit? Pakistani Rupee Likely to Hit 38 Against UAE Dirham

Spending in the UAE has registered steady growth over the past four years, with a focus on the quality of life rather than on luxury or lifestyle. (Shutterstock)
May 21st, 2018 - 08:37 GMT

UAE Residents Spend Most of Their Income on This Category

Oil prices briefly rose above $79 a barrel on Tuesday, making the prospect of introducing a new levy in a country unused to taxation is even less appealing. (Pexels)
May 16th, 2018 - 09:00 GMT

Kuwait Postpones VAT on Recovering Oil Revenues

Dubai is also ranked second in the 'low unemployment' rate globally, especially among the youth. (Shutterstock)
May 13th, 2018 - 08:00 GMT

Dubai Ranks First in the Arab World and Fourth Worldwide in 'Economic Performance'

(Shutterstock/File Photo)
May 10th, 2018 - 06:00 GMT

Gambia to Sell Luxury Car Collection, Airplane of Exiled Ex-President

The dollar was selling for 65,000 rials, according to foreign exchange website Bonbast.com, which tracks the free market. (Shutterstock)
May 10th, 2018 - 08:00 GMT

Iran’s Rial Near Record Lows Against the Dollar as Trump Decision on Nuclear Deal Looms

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