Despite COVID19, Oman faces low economic risk
Despite the economic impact and the reduction in oil prices brought about by the ongoing COVID-19 pandemic, Oman is likely...
Economy
Coronavirus: IMF urges Mideast sovereign funds to boost local economies
Sovereign wealth funds in the Middle East should be used to boost growth, an International Monetary Fund (IMF) official said...
Europe is preparing a trillion-euro fund to rebuild its economy
EU leaders have agreed to create a fund that could raise at least 1 trillion euros ($1.1 trillion) to rebuild...
World Bank: Egypt sees strong economic growth rates
The World Bank (WB) has announced that Egypt sees strong economic growth rates, despite the sharp decline in growth rates...
Private sector in Egypt calls for initiatives supporting economy through pandemic
A number of private sector representatives in Egypt have called on authorities to launch new initiatives to support the economy...
Coronavirus: Bahrain’s Cabinet agrees to reschedule a number of construction projects due to COVID-19
Bahrain’s Cabinet has decided to reduce the operational expenses budget for ministries and government by 30% unless public interests require...
Why Egypt is one of 2 MENA areas maintaining S&P credit rating amid COVID-19
Standard and Poor’s decision to maintain Egypt’s BB long and short term foreign and local currency sovereign credit ratings with...
UAE Federal and emirate governments have launched 100 economic incentives in 45 days
The number of economic incentives by UAE federal and emirate governments to help the national economy deal with the fallout...
Moody’s assigns Aa3 rating to Qatar; outlook stable
Moody’s Investors Service has rated Qatar Aa3 with a Stable Outlook, reaffirming the resilience of Qatari economy in the face...
IMF predicts strong recovery for Iraq in 2021
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has forecast a sharp slowdown in Iraq's economy...
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