economic stimulus plan

UAE central bank urges commercial lenders to use stimulus scheme
Business

UAE central bank urges commercial lenders to use stimulus scheme

DUBAI (Reuters) — The United Arab Emirates (UAE) central bank has urged commercial lenders to use the US$70 billion-worth of…
Sisi warns tough measures to fix economy are looming
Egypt

Sisi warns tough measures to fix economy are looming

President Abdel Fattah al-Sisi warned Egyptians on Monday that tough measures would be needed to turn the country's ailing economy…
Egypt expands economic stimulus plan
Business

Egypt expands economic stimulus plan

Egypt plans to spend around LE30 billion (US$4.36 billion) in a second stimulus package to be launched in January, 25…
Government cuts commodity prices as part of stimulus plan
Business

Government cuts commodity prices as part of stimulus plan

In light of current high inflation rates, which rose an alarming 0.7 percent, the interim government launched a new price…
Egypt’s new finance minister plans stimulus, not austerity
Business

Egypt’s new finance minister plans stimulus, not austerity

Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by improving security…
Economists see folly in postponed shop closing law
Business

Economists see folly in postponed shop closing law

The Wednesday decision by Local Development Minister Ahmed Zaki Abdeen to postpone indefinitely the law that would close shops at…
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