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  • Egypt getting ready for IMF deal this week

    Egypt getting ready for IMF deal this week

    The Egyptian government expects to sign a memorandum of understanding with the International Monetary Fund for a $4.8 billion loan before an IMF negotiating team leaves Cairo on Wednesday, Finance Minister Mumtaz al-Said said.

    November 12, 2012 6:33
  • Orascom Telecom says to upgrade Pakistan mobile network

    Orascom Telecom says to upgrade Pakistan mobile network

    It signed a five-year agreement with China's Huawei Technologies Co Ltd and France's Alcatel-Lucent to design, purchase, deploy and maintain the next-generation mobile network equipment and supporting services.

    November 11, 2012 2:07
  • Arab Spring economies recover slowly in 2013

    Arab Spring economies recover slowly in 2013

    The IMF forecast gross domestic product in the six countries combined would expand by 3.6 percent next year, accelerating from an estimated 2.0 percent this year and 1.2 percent in 2011.

    November 11, 2012 9:58
 
  • Former Iraqi central bank chief denies corruption

    Former Iraqi central bank chief denies corruption

    Local authorities have issued arrest warrants for Shibibi, who has left the country, and other bank officials, a decision that has heightened investor concerns Prime Minister Nuri al-Maliki's government is interfering with the bank's autonomy.

    November 11, 2012 8:42
 
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