MPs in Lebanon approve $120m loan from World Bank to fight Covid-19
Lebanon has approved a $120 million loan from the World Bank to help fight Covid-19, which has officially infected 677...
Business & Economy
Rwanda to receive $11 mn debt relief from IMF
Rwanda is set to receive about 11 million U.S. dollars in debt service relief from the International Monetary Fund (IMF)...
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...
Kuwait facilitates entry of Egyptian agricultural imports
Kuwait has facilitated entry measures of Egyptian agricultural imports into its territories, a report submitted by the Central Administration for...
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...
Saudi King approves $266 million coronavirus crisis aid for private sector
Saudi Arabia's King Salman has approved an additional package of measures to help the private sector deal with the economic...
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 to provide $11 billion to 32 African nations in virus fight
he International Monetary Fund is set to provide $11 billion to 32 countries in sub-Saharan Africa that have requested assistance...
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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