COVID-19 has cost tourist destinations 3x more than 2008 financial crisis: IIF
In its latest report on tourism, in which it made use of…
Lebanon has to accept IMF’s tough conditions in return for financial support: president
Lebanon has submitted an official request to the IMF for funds for…
Global household debt exceeds $47trn, $12trn higher than 2008 financial crisis: IIF
Since 2007, households worldwide have added over $12trn to the mountain of…
Global NFC debt now at 93% of GDP vs. 75% before 2008 financial crisis: IIF
COVID-19 fears prompt sharp downgrades to corporate earnings estimates, raising the risk…
After ten years of global financial crisis, assets to return over the next 10 years
Europe runs the highest recession risk among major economies, US is premature
Ten years after the financial crisis – what have we learned?
A decade ago, the subprime crisis began in the US, which a…
Italian banks battered after ECB warns MPS about bad loans
The financial crisis is coming back to roost in Italy after warnings…
UK begins selling shares in RBS
The British government has begun selling its shares in the bailed-out Royal…
Central Bank bails out government
CBE invested EGP 48bn in treasury bonds during the last fiscal year
Al-Saeed: Government stands to reap EGP 20bn from tax reforms
Delays in the reform programme could lead lower wages and potential layoffs