Egyptian Planning Minister Faiza Abu El-Naga said on Monday that Egypt is expected to sign a $3.2 billion financing package with the International Monetary Fund in June, three months later than it had previously hoped.
April 3, 2012 3:58
Western sanctions have so far failed to deter Iran from pursuing its nuclear programme and their unexpected and unintended side-effects are producing a new collection of challenges.
March 24, 2012 3:58
Bahrain's economy grew 2.2 percent in real terms in 2011, the Gulf Arab country's statistics office head said on Wednesday, a sharp slowdown from 4.5 percent expansion in the previous year.
March 21, 2012 2:01
The UAE's economy is expected to grow almost 4 percent this year, the Gulf country's Economy Minister Sultan bin Saeed al-Mansouri said on Tuesday.
March 20, 2012 11:03