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Economics/Financial Analysis News

Economic Program to be Negotiated with IMF
Egypt >> 1/17/2012 - Dr Ganzouri received on Monday 16/1/2012 IMF mission, headed by the executive director and representive of Egypt to the IMF Dr Abdul Shakoor Shalaan with the presence of Planning and International Coo...
US Emergency Plan Seeks to Encourage Egypt's Economic
Egypt >> 1/19/2012 - The US has approved an emergency action plan for supporting Egypt’s economy over the next six months, Egypt’s Industry Minister Mahmoud Issa has revealed. The plan aims at increasing trade between Egy...
Egypt to Receive $1.15 Billion Urgent Financial Aid
Egypt >> 2/1/2012 - Egypt will receive an urgent aid package worth $1.15 billion from the European Union and World Bank, finance minister Momtaz El-Saeed announced on Wednesday. The European Union (EU) is in line to supp...
Egypt to Receive $1.15b From EU and World Bank
Egypt >> 2/1/2012 - Egypt will receive an urgent aid package worth $1.15 billion from the European Union and World Bank, finance minister Momtaz El-Saeed announced. The European Union (EU) is in line to supply $650 milli...
Minister of Defense Receives Ambassador of Pakistan
Saudi Arabia >> 2/1/2012 - His Royal Highness Prince Salman bin Abdulaziz Al-Saud, Minister of Defense, received (8-3-1433) HE Mohammad Naeem Khan, Pakistan's Ambassador to the Kingdom of Saudi Arabia.
Libya Sees $10bn Budget Deficit in 2012
Libya >> 2/2/2012 - Libya's government will post a budget deficit of $10 billion this year as it struggles to pay public workers' salaries and meet energy costs, the head of the country's National Transitional Council (N...
Egypt Sends Five Tons of Medicine to Congo
Egypt >> 2/2/2012 - In a press conference held on 31th January, 2012 extensively covered by the Congolese media. Ambassador of Egypt to Congo, Khaled Omran delivered pharmaceutical aid of five tons of medicines and hospi...
Lagarde Praises Saudi Role in Stabilising Economy
Saudi Arabia >> 2/5/2012 - International Monetary Fund managing director Christine Lagarde praised Saudi Arabia's role in stabilising the global economy during a visit to Riyadh on Saturday, but there was no word on the possibi...
Egypt Stocks Falling 0.9 Pct Early Monday
Egypt >> 2/6/2012 - Egyptian stocks are slipping 0.87 per cent in early Monday trade, falling to 4,544.4 points 90 minutes into the session. The broader EGX70 is falling 1.6 per cent. ...
Campaign to Boycott Goods of Egyptian Military
Egypt >> 2/6/2012 - Egyptian activists launched a campaign on Facebook calling for a boycott of all goods produced and distributed by the Egyptian military. The page called “Boycott them” says, “The Egyptian armed forces...
Egypt Trade Deficit Retreated by 6.4%
Egypt >> 2/20/2012 - Central Agency for Public Mobilization & Statistics (CAPMAS) said in a report on 19/2/2012 that Value of the trade deficit through November 2011 retreated by 6.4%. As for foreign trade, CAPMAS noted ...
International Companies Confidence in Egyptian Economy
Egypt >> 2/20/2012 - Finance Minister Momtaz el-Saeed said that the ministry's partnership central unit and Alexandria University will announce early in March the name of the consortium to win the Public Private Partnersh...
Arab, Foreign Investments Hit $5.7 Bn in 2011
Egypt >> 2/21/2012 - Total Arab and foreign investments reached $5.7 billion in 2011, said Chairman of the General Authority for Investment and Free Zones (GAFI) Osama Saleh. This came on the occasion of inauguration of "...
King Meets EU Foreign Policy Chief
Jordan >> 2/23/2012 - His Majesty King Abdullah II met with EU's foreign policy chief Baroness Catherine Ashton who is heading the EU Task Force currently visiting the Kingdom for talks on means of forging closer political...
Jordans Economy is not in a Very Bad Shape
Jordan >> 2/26/2012 - Prime Minister Awn Khasawneh said that Jordan's economy was not in a very bad shape. In reply to comments made by lawmakers on the budget draft law during a session for the Lower House of Parliament t...
$8 Bln for Oil Prospecting, and Developing Old Fields
Egypt >> 2/26/2012 - Investments of world companies in oil and natural gas prospecting and developing old fields and wells exceeded $ 8 billion in Egypt, said Hani Dahi the Chief Executive Officer of the Egyptian General ...
Arab, Foreign Investment Key to Growth
Jordan >> 2/27/2012 - His Majesty King Abdullah II said that the private sector and Arab and foreign investment are key contributors to comprehensive economic development in the country. He also told Arab and foreign busin...
King Receives Iraqi Invitation to Arab Summit
Jordan >> 2/27/2012 - His Majesty King Abdullah II received an invitation from Iraqi President Jalal Talabani for an Arab summit due to be held in Baghdad in late March. The King told Talabani's envoy, minister of planning...
Reform Program Assessed Before Submitted to IMF
Egypt >> 2/27/2012 - Prime Minister, Dr. Kamal al-Ganzouri will dedicate himself within the few forthcoming days to assess the Egyptian economic program that has already been prepared by the Finance Ministry as a prelude ...
PM Meets Azeri Economic Development Minister
Jordan >> 2/28/2012 - Prime Minister Awn Khasawneh received Azeri Minister of Economic Development Shahin Mustafayev in the presence of the ministers of industry and trade and planning and international cooperation. The Az...

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