Tunisia parliament votes to let central bank finance budget
The parliament ratified by a huge majority of 92 votes out of 133 an amendment to an article that prohibited...Economy
OECD predicts rise in global economy amid Middle East ‘risk’
The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk,...Economy
Egypt’s central bank cancels maximum cash deposit limit in banks
During the COVID-19 crisis, the bank set a maximum limit of cash deposits as part of measures to face its...During the COVID-19 crisis, the bank set a maximum limit of cash deposits as part of measures to face its global economic impact
The bank decided to increase the maximum limit of cash withdrawals in banks from $2605 to to $7,814
Japan seeks ‘sustainable world’ in Africa aid forum
The eighth Tokyo International Conference on African Development (TICAD8) comes against the backdrop of China's rising influence, cemented on the...It is the first TICAD held every three years either in Japan or an African country since the pandemic began
Alongside the summit, businesspeople will attend an economic conference while various parallel events and workshops will address civil society and women's inclusion
Jordan approves Public Sector Modernization roadmap
Addressing the Cabinet session, Prime Minister Dr Khasawneh affirmed the government's commitment to achieving the desired outcomes from the modernization...Addressing the Cabinet session, Prime Minister Dr Khasawneh affirmed the government's commitment to achieving the desired outcomes from the modernization roadmap
The PM also stressed that the roadmap is "vigorous, flexible and capable" of realizing modernization and development, and is open to any positive improvements
Iran urges IAEA to end undeclared nuclear sites issue
The United States remains adamant that Tehran cooperate with the International Atomic Energy Agency to clear up suspicions about earlier...Iran came back last week with a series of proposed changes, to which the United States formally responded on Wednesday, a day after Tehran accused its arch-enemy of stonewalling
The 2015 agreement between Iran and six world powers Britain, China, France, Germany, Russia and the United States gave the Islamic republic sanctions relief in exchange for curbs
Egypt’s GDP grows 6.6% in FY 2022: PM Madbouli
The last quarter of the past fiscal year was really difficult due to the Russia-Ukraine war.The last quarter of the past fiscal year was really difficult due to the Russia-Ukraine war
The PM said that the unemployment rate in the country stabilised at 7.2 percent
In risky recyling venture, Gazans burn plastic for fuel
It's an economic and practical solution in a territory blockaded by Israel for 15 years, but one which poses serious...Burning plastic releases dioxins, mercury and other toxic gases which pose a threat to vegetation, human and animal health
Since 2007, when Hamas seized control of the Gaza Strip, Israel has severely restricted the flow of people and goods in and out of the coastal enclave
Maaden to supply phosphate, ammonia to four Indian firms
The Saudi Arabian Mining Company, Maaden, Thursday signed four memoranda of understanding with Indian fertilizer companies to supply phosphate and...The company signed MoUs with top Indian companies, under which they will discuss ways to enhance joint cooperation in various fields of growth,
Ma'aden today exports about 1.7 million tons of phosphate and ammonia products to the Indian market annually.
Jordan, GCC countries discuss higher education cooperation
Joint Jordan-Gulf Cooperation Council (GCC) working group on the higher education held talks on cooperation and exchange of expertise at...The meeting decided that the Jordanian side would draft executive programs and memoranda of understanding (MoU).
The programs would prioritize areas of academic, student, research collaboration and expertise exchange.
Saudi to provide multiple entry visas for tourists during world cup
The move comes as Qatar, which has a population of 2.8 million, tries to accommodate an expected 1.2 million visitors...People with a Hayya Card, reserved for ticket-holders and used to access Qatar during the tournament, will be able to apply for the electronic visas.
The Gulf power shares a land border with gas-rich Qatar, which is hosting the first World Cup in the Middle East and the first held in winter months.
German economy grows slightly in Q2, recession fears recede
Germany's economy grew slightly in the second quarter, an upgrade from a previous estimate of stagnation, revised official data showed...Output expanded by 0.1 percent in the April to June period, as per the federal statistics agency, which had previously projected zero growth.
Private spending rose 0.8 percent from the previous quarter as the end of Covid-19 restrictions brought more tourism and restaurant dining.
