Tag Archives: Egypt
IMF Executive Board Completes First Review under the Extended Fund Facility (EFF) with the Arab Republic of Egypt
The completion of the review allows the authorities to draw the equivalent of SDR 895.48 million (about US$1.25 billion), bringing total disbursements to SDR 2,865.53 million about US$4 billion
Despite worldwide changes, multinationals focus on mobile workforces to support career growth and ensure global competitiveness
Mercer’s annual Cost of Living Survey finds African, Asian, and European cities dominate the list of most expensive locations for working abroad
Following a meeting with Egypt’s President Abdel Fattah El Sisi in Washington today, Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement:
“President Sisi and I discussed the progress of Egypt’s economic reform program supported by the IMF’s $12 billion Extended Fund Facility arrangement.
Last year e-commerce was seen as one of the most growing sectors globally. Reports from Middle East and North Africa region indicated that the sector has grown outrageously within the past three years. According to a study by MasterCard, the overall online shopping trends in UAE alone has been very high with about 83% of UAE locals shopping online prior to their study. In Africa, our report from last year indicated a growing number of online shops, and e-commerce platforms coupled with advanced technologies which provides more credibility and eliminates doubt on quality – as quality, and delivery were identified as some of the major reasons online shopping trends were on the low.
“In each market where wind energy is being developed, the state is a big player in the initial stages of industry development and is often the sponsor of pilot projects.”
NEW YORK /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:
By Simon Tesfamariam
South Africa remains the highest ranked African economy.
The Ministry of Energy, Mines, Water & Environment and MASEN confirm support for Power Industry North Africa 2013
The Ministry of Energy, Mines, Water & Environment and MASEN, the Moroccan Agency for Solar Energy, have confirmed their support for the first Power Industry North Africa Conference which will be held in Casablanca, Morocco, on the 27-28 February 2013.