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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
Lagarde urged political clarity and actions to avoid the scheduled abrupt tightening of fiscal policy at the start of next year
September 25, 2012 8:55
An IMF deal would help Egypt stave off a budget and balance of payments crisis
August 4, 2012 6:55
Abu Dhabi's Etihad is interested in holding talks with the Irish government over the sale of its 25 percent stake in Aer Lingus, the Middle East airline's Chief Executive James Hogan told the Irish Independent newspaper.
February 11, 2012 6:16Egyptian authorities and the International Monetary Fund will begin talks in Cairo this week on a possible 18-month IMF loan program worth about $3 billion, an IMF source said on Tuesday.
January 11, 2012 11:16
IMF estimates 2012 for Saudi Arabia will see a break-even budget in oil price at around $80 and expects fiscal and monetary policies will be used to ease inflation
December 22, 2011 3:41The International Monetary Fund (IMF) said on Tuesday it anticipates a deeper recession for Greece through 2012, but expressed optimism for a deal with private bondholders to help make the country's debt more sustainable.
December 14, 2011 11:02
With the post-revolution euphoria giving way to practical concerns, the leaders and citizens of the Middle East is faced with hard choices. And the economic turmoil isn't making things easier.
December 7, 2011 5:09Lebanon's public debt is expected to rise to between $58 billion and $59 billion by the end of 2011, Finance Minister Mohammed Safadi said on Friday, compared with $52.6 billion at mid-year.
November 25, 2011 3:51Kuwait's cabinet passed an anti-corruption draft law on Sunday, which includes articles on financial disclosure and money laundering, with penalties of up to seven years in prison, the state news agency KUNA reported.
September 26, 2011 2:19
Minister designate does not rule out return to IMF; Sees temporary difficulties, long-term outlook good; Investors have been concerned about policy direction - Reuters
July 20, 2011 12:57Saudi sets aside $4 billion for Egypt, which has been asking donors to help bridge estimated $12 billion funding gap in wake of protests.
May 22, 2011 10:54Rising risks will cause pace of growth to slow, according to latest forecast.
July 8, 2010 9:26Lebanon will be the fourth fastest growing economy in the Arab world, says report.
June 2, 2010 8:36More significant growth expected on the back of rising demand for oil, but predictions contrast with IMF figures.
May 29, 2010 3:00
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Last year, the German carrier posted its first annual profit since 2007.
May 16, 2013 10:54
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
