When it comes to 2024’s best-performing currencies, it was the US dollar that came up trumps ...

Lebanon faces multiple crises as 2024 draws to a close, grappling with the aftermath of a destructive conflict between Hezbollah and Israel, a prolonged financial collapse since 2019, and ongoing ...

The mid-October World Bank report forecasted modest growth for the MENA region, with the GDP growth rate rising from 1.8 percent in 2023 to 2.2 percent in 2024. This increase is driven by Gulf ...

The gap is much wider than other emerging, developing and advanced economies, therefore, the oil-producing Gulf countries have been introducing taxes for t..

The UAE and neighbouring Gulf Cooperation Council (GCC) countries could increase their revenues and further diversify their ...

The 136 forced displacement orders Israel imposed on 25 per cent of Lebanon during its 62-day war were woefully inadequate, unnecessarily dangerous and likely illegal, aid agencies said today. These ...

On Wednesday, El Salvador struck a $1.4 billion loan deal with the IMF, as part of which the government of President Nayib Bukele agreed that it would scale back its bitcoin policies. The deal ...

During a joint press conference with Lebanese Caretaker Prime Minister, Najib Mikati, in Ankara, Erdogan added that security in Lebanon can't be separated from the region's stability, stressing ...

A new handbook from the International Monetary Fund embraces the potential of cryptocurrency while highlighting the dangers inherent in state dominance of the means of storing and exchanging value.

IMF staff on Wednesday said authorities have requested roughly $750 million for Bangladesh "to maintain macroeconomic stability and strengthen the country's resilience to external shocks." "The ...

2024 saw a major re-ordering of the balance of power in the Middle East. Lebanon yet again was at the center of this upheaval as Israel launched raids and heavy airstrikes in response to attacks ...

KUWAIT CITY: The Executive Board of the International Monetary Fund (IMF) has concluded the Article IV consultation with Kuwait. A press release issued by IMF outlined the main points highlighted ...