Business

IMF loan approved in exchange of economic reforms
Egypt, IMF reach preliminary deal for $3 billion loan
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Bank Leumi Chairman Samer Haj Yehia
Israel's Bank Leumi expresses interest in investing in Saudi Arabia
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Following the central bank’s announcement, the Egyptian pound dropped in value against the US dollar
Egypt’s pound dives on flexible exchange rate
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The Aramco sustainability fund would target investments globally
Saudi Aramco launches $1.5 billion sustainability fund
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Prices of vegetables got dearer
Morocco’s annual inflation inches up to 8.3% in September
Saad Guerraoui
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Qatar expects about 500 shuttle flights a day as well as hundreds more charter flights and private jets during the World Cup
Qatar Airways reduces flights to cater for World Cup fans
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Morocco’s defence of its cultural heritage was successful
Adidas regrets controversy surrounding football jersey design
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The unemployment rate in Morocco would reach 11.1% this year
IMF says Morocco’s economy set to grow by 0.8% in 2022
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Jeddah Islamic port
Saudi Mawani signs $170 million of deals to boost Jeddah Islamic port
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Banks will continue urgent operations for clients and back-office services for businesses
Lebanese banks close their doors to clients indefinitely
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Oil production will be cut by 2 million barrels per day starting in November
OPEC+ decides big oil cut to boost prices
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A slight fall
Prices of petrol, diesel fall in Sudan
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Consumer prices rose by 3.08% from the previous month
Turkey's annual inflation reaches new 24-year high
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The step will come into effect from the end of the October
Lebanon central bank to apply weaker official exchange rate
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A reactive step from Bank al-Maghrib
Morocco raises interest rate to 2% to contain soaring inflation
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Tourism revenue is an important source of foreign currency for Egypt
Egypt’s tourist arrivals up by 85.4% in first half of 2022
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