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Cairo – Mubasher: Egypt’s budget deficit increased by 14.2% year-on-year in the first eight months of the fiscal year 2017/2018.The deficit recorded EGP 258.9 billion in the eight-month pe...Read Full Story
Cairo – Mubasher: Remittances from Egyptian expatriates surged 24.1% year-on-year in the first eight months of the fiscal year 2017/2018.Remittances from July 2017 to February 2018 recorded $17....Read Full Story
By: Bedour Al RaeeAbu Dhabi – Mubasher: The US interest rate hike will have a negative impact on the GCC economies, especially those which peg their currencies with the US Dollar.Read Full Story
Mubasher: Qatar Islamic Bank (QIB) on Sunday announced that Fitch Ratings has upgraded the bank's outlook to stable from negative.Read Full Story
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