Latest Economy News
Cleaner Saudi Yanbu refinery back online
There has been a shift in Middle Eastern refineries to produce cleaner…
Amplats axes 6,000 jobs in South Africa
Profits were obliterated by a higher wage bill and increased electricity costs.
OPEC sticks to 2013 oil demand projection
The Organisation of Petroleum Exporting Countries forecast total average oil demand of…
IMF says Egypt loan talks ‘must reflect evolving conditions’
Fund spokesman said that no new IMF mission to Egypt has been…
Sukuk law approved, government to hold two bidding rounds for projects
Now that the law has been approved, the government is set to…
Standard and Poor’s downgrades Egypt credit rating
Egypt's long-term rating was lowered to 'CCC+' from 'B-', while its short-term…
New finance minister: budget and tax reforms are priority
Fayyad Abdel Moneim is a former economics professor at Al-Azhar University
