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international monetary fund

international monetary fund latest

SMEs in the Middle East suffer the widest gap when it comes to financial inclusion worldwide. (Shutterstock)
February 14th, 2019 - 10:34 GMT

IMF: Arab Countries Can Benefit More From Structured Financial Technology

Director for the Middle East and Central Asia at the International Monetary Fund (IMF), Jihad Azour, said that Arab countries can benefit from larger and more structured financial technology, especially since the region has a great number of youth and migrants.
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Jordan needs around JD5 billion annually in financing to cover debt and Eurobonds. (Shutterstock)
July 3rd, 2018 - 10:21 GMT

Jordanian Government to Meet IMF to Discuss Supervised Reform Plan Worth $700 Million

The IMF board approved the latest $2 billion disbursement under the aid deal signed in November 2016 to support Cairo's economic reform programme. (Shutterstock)
July 2nd, 2018 - 09:13 GMT

$2 Billion Loan Installment for Egypt Approved by IMF

Egypt's President Abdel Fattah Sisi was re-elected in April 2018 for a second term in presidential office. (AFP/File Photo)
June 21st, 2018 - 11:24 GMT

A Second Revolution? Egyptians Urge Sisi to Quit Over IMF Austerity Measures

The price hike is expected to add more pressure on Egyptian consumers. (AFP)
June 17th, 2018 - 09:08 GMT

Egypt Raises Petrol Prices by up to 50 Percent

The inflation rate has dropped to 11.4 percent in May which is a 2 percent decrease since April. (Shutterstock)
June 12th, 2018 - 06:08 GMT

Egypt’s Inflation Rate Drops Down to 11 Percent in May

Demonstrators wave flags and hold signs during a protest in Amman, Jordan, near the prime minister's office, June 4, 2018. Protestors have demonstrated for the fifth night against the new proposed income tax draft law and other anti-austerity measures. Khalil Mazeraawi/ AFP)
June 6th, 2018 - 10:02 GMT

Amidst Protests in Amman, Jordan is Being Diplomatically Isolated by Saudi Arabia

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

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

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

(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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