IMF

The Central Bank of Egypt announced yesterday that remittances from Egyptians working abroad have decreased by 26.1 per cent this fiscal year. During the first nine months of the...

Qatar has manged to fend off competition from Saudi Arabia, UAE and China to secure a deal with Pakistan over the running of Islamabad Airport. The sale, via tender...

Mediterranean and Middle East countries will meet in Rome on Sunday to boost efforts to stem illegal migration flows, with Italy saying the aim is to help countries in...

Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound if it does not slow an expansion of the money supply which bankers and analysts...

Pakistan has received $2 billion in financial assistance from Saudi Arabia, days after Islamabad and the IMF reached a $3 billion stand-by agreement, the country's Finance Minister announced on...

The recent decision by Saudi Arabia and Russia to extend existing crude oil supply cuts did not have the expected effect on prices, but analysts said the limited increase...

Pakistan and the United Arab Emirates (UAE) inked an agreement Thursday for the development of renewable energy projects in the South Asian country, Anadolu Agency reports. Pakistan's Prime Minister,...

Tunisia faces a full-blown crisis in public finances that could destabilise the country with knock-on effects around the central Mediterranean region. European countries have offered about 1 billion Euros ($1.1 billion) in aid...

Lebanon's financial crisis has been compounded by the lack of policy action and vested interests that prompted resistance to reforms, the International Monetary Fund (IMF) said on Thursday in...

Tunisia's President, Kais Saied, told the International Monetary Fund's Managing Director that the Fund's conditions to provide financial support to the North African country risks sparking civil unrest, the Tunisian presidency...

At loggerheads over who should fill a vacant presidency, Lebanon's fractious politicians are waiting for foreign powers to resolve their crisis, leaving the country adrift as its failing state...

Egypt must take action to save its economy or risk 'putting water in a bucket that has holes', the head of the International Monetary Fund (IMF), Kristalina Georgieva, has...

Pakistan is undergoing negotiations with the United Arab Emirates (UAE) to hand over operational management of the port terminals of the city of Karachi, as Islamabad continues to seek...

A wave of arrests targeting politicians, journalists, activists, judges, and business people has been occurring in Tunisia since February 11.

A report issued by the International Monetary Fund (IMF) regarding the size of economic losses incurred in Egypt in the aftermath of the January 25 2011 revolution, has presented...

The Iran-backed Hezbollah and its closest allies are set to torpedo an attempt by rivals to elect a senior IMF official as Lebanese president this week, in a tussle...

Deputy Secretary-General of Lebanon's Hezbollah group, Sheikh Naim Qassem, has affirmed the group's support for the head of the Marada Movement, Suleiman Franjieh, to become Lebanon's next president. The...

The President of the European Commission, Ursula von der Leyen, announced yesterday that the European Union will provide financial support to Tunisia to bolster its struggling economy and combat...

Iran is to get access to $24 billion of its frozen assets, including more than $10bn in Iraq and $7bn in South Korea, ISNA reported yesterday. The agency said...

Egypt faces an increasingly tough task raising cash for foreign debt repayments after external borrowing quadrupled over the past eight years to help fund a new capital, build infrastructure,...

The French magazine, La Tribune, criticised President Kais Saied's refusal to accept the conditions imposed by the International Monetary Fund (IMF) to approve a loan to Tunisia, considering it...

Lebanon is likely to be placed on a "grey list" of countries under special scrutiny over unsatisfactory practices to prevent money laundering and terrorism financing, three sources familiar with...

An IMF team and the Jordanian government yesterday reached a staff-level agreement regarding the sixth review of the economic reform programme. The completion of this review will bring the...

Rising fertiliser prices will exacerbate the problem of agricultural commodity prices in coming years, said Abdul Hakim Elwaer, the assistant Director-General of the Food and Agricultural Organisation (FAO), Anadolu...

Tunisia and Egypt are edging closer to major debt crises that could suck in a volatile North Africa region, and pose tough choices to wealthy Gulf Arab neighbours, investors and analysts...

The International Monetary Fund (IMF) warned Israel, on Wednesday, that the proposed "judicial amendments" pose a significant risk to the economy that could tighten financial conditions and hinder investments,...

A number of former US ambassadors have called on President Joe Biden to "immediately suspend all U.S. assistance to the Tunisian government" as a result of Kais Saied's coup...

Germany's Foreign Minister has warned against Tunisia's backtrack on democracy, as president Kais Saied continues to suppress the country's opposition and solidify his power following his coup two years...

International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed her hope of overcoming the disagreement with the Tunisian authorities regarding the reform programme, considering that the matter is now...

Banks in the Middle East and Central Asia have very limited exposure to last month's banking turmoil in the United States and Europe, but financial pressures are adding to...

Below is a timeline of Sudan's political upheavals in recent years: 19 December, 2018 – Hundreds protest in the northern city of Atbara against soaring bread prices. Demonstrations spurred...

Italy and Tunisia agreed to counter the flow of irregular migration in the Mediterranean, which led Italy to declare state of emergency earlier this week, local media reported on...