Venezuela raises taxes, fees to offset 30% oil revenue drop
Venezuela is increasing taxes and public service charges on private businesses to compensate for a predicted 30 per…
Browsing Tag
economic crisis
Financial literacy becomes extremely important – EGX official
The current economic climate in Egypt has made the development of strong financial literacy knowledge among…
Economic crisis in Thailand looming – poll
Most Thais perceive an urgent economic crisis in the country, according to a report by the National Institute of…
Egypt announces tax incentives for green hydrogen projects – minister
Green hydrogen projects will be exempted from tax of 33 percent to 55 percent, as a way of adapting to the changing…
Sisi orders government to ease burden of economic crisis on citizens
Egypt's President Abdel Fattah al-Sisi ordered the government on Sunday to exert maximum effort to ease the burden…
Inflation rises in Egypt again
Inflation is rise again in urban parts of Egypt after a month of calm, according to the state-run statistics agency…
Egypt’s government to hold international economic press conference
Egyptian Prime Minister Mostafa Madbouly announced on Wednesday, that Egypt is set to hold an international press…
How economic crisis can impact real estate investing
While the concern about the coronavirus is deepening, it is impacting the economy in many different ways.The…
Lagarde warns of a 2008-like crisis over coronavirus
Christine Lagarde, president of the European Central Bank (ECB), has warned against the impact of the coronavirus…
Lebanon to default on debt payments for first time amid economic crisis
Lebanon is to default on a foreign debt payment for the first time in its history as the country struggles with a…
European markets to open lower as Turkey’s deepening economic crisis sparks…
European markets are set to open lower on Monday morning, as investors monitored renewed trade tensions and a…
Venezuela reopens border with Colombia after eight days
Venezuela has reopened its border with Colombia, eight days after President Nicolas Maduro closed it in order to…
Egypt says arrests more than dozen people for creating a ‘negative atmosphere’
Egypt’s interior ministry announced Saturday that it arrested more than a dozen people for seeking to create “a…
Venezuela crisis: Bus drivers bring chaos to streets of Caracas
Bus drivers in the Venezuelan capital, Caracas, have paralysed the city for eight hours by blocking the streets…
Russia to spend $35bn on Economy Plan
The Russian government is to spend at least 2.34 trillion roubles ($35bn, £23bn) to try to stave off an economic…
The current government succeeded in maintaining economic stability
Adnan Youssef, executive head of the Baraka banking group: ‘The Egyptian economy is capable of growth … employing…
Egypt’s GB Auto Profits Nearly Wiped Out By Political, Economic Crisis
Egypt's biggest listed vehicle assembler and distributor GB Auto said on Tuesday its second quarter net income was…
Egypt Pyramid Vendors Grow Violent, Embassy Says
Vendors at Egypt's pyramids who are desperate to make money in a deepening economic crisis are using aggressive…
Ghad El-Thawra Launches Initiative To Resolve Economic Crisis
Dr Mohamed Muhye El Din, Deputy Chairman of Egypt's Ghad El-Thawra Party, unveiled that his party has launched a…
Badei: Mubarak’s Regime Brings About Rampant Corruption, Economic Crisis
Dr Mohamed Badei, General Guide of Muslim Brotherhood, has borne the former regime the responsibility of the…
Sukuk A Solution To Egypt’s Economic Crisis
Prime Minister Hashem Qandil announced last month his government’s intention to issue one or two rounds of sukuk, a…
IMF Chief Impressed With Morsi’s Strategy
Egypt has asked for a $ 4.8 billion loan from the International Monetary Fund, which stressed the need for a reform…
Sudanese Protests Mounts Amid Security Crackdown
Hundreds of Sudanese joined anti-government demonstrations in Khartoum on Saturday, witnesses and activists said,…
IMF Approves Withdrawing US$430 Bln From External Resources
The International Monetary Fund agreed on Friday that it would only draw on the US$430 billion in extra resources…
EU, US Leaders Kicks Off G8 Summit At Camp David
US President Barack Obama has greeted leaders of the Group of Eight industrialized nations at the 38th G8 Summit at…
George W. Bush backs Mitt Romney
George W. Bush is backing presumptive Republican White House nominee Mitt Romney. The former president offered a…