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Tunisia Fuel Hikes Increase Pressure On Government
...rch). Economic malaise has been the norm since the 2011 revolution overthrew dictator Zine al-Abidine Ben Ali (MEES, 16 November 2018). In the years since, inflationary pressures have wreaked havoc with peoples’ purchasing power and the unemployment rate at over 15% has barely moved in the last six ye...
Volume: 62Issue: 15Published at Fri, 12 Apr 2019 -
Lebanon: Can Donor Conference Success Right The Ship?
...esent problem since. Since 2011, the war in neighboring Syria has crippled economic growth (see chart), stunting the 9.2% average annual growth from 2007-2010 to a paltry 1.7% from 2011-2017 (see chart 2). With a bloated public sector, subsidized (yet inadequate) utilities and corruption a problem ev...
Volume: 61Issue: 15Published at Fri, 13 Apr 2018 -
Saudi Comes To Egypt’s Rescue Again Signing $55bn-Plus Of Deals
...ighbors around them. Egypt as a transition state after the 2011 revolution is in need of all the financial and economic assistance that Saudi Arabia can afford to help in reviving its ailing economy. As collated from various sources, Egypt has signed agreements and MoUs worth some $55bn, although a co...
Volume: 59Issue: 15Published at Fri, 15 Apr 2016 -
Iran Braces For 20-30% Utility Price Hikes
...ify the system eventually failed. IMF: Challenges Ahead The IMF, in its first overview of the Iranian economy since late 2011, says Iran’s near term economic outlook remains subject to downside risks. Progress of recent decades in raising income and living standards stalled as both domestic po...
Volume: 57Issue: 15Published at Fri, 11 Apr 2014 -
Qatar And Libya Give Egypt $5Bn Emergency Fix
...ich may be increased from the long-mooted $4.8bn. The announcement that Qatar is to purchase $3bn of Egyptian government bonds came as Egyptian Prime Minister Hisham Qandil visited Qatar. This comes on top of $5bn of assistance Qatar has already given Egypt since the February 2011 Re...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Qatar Pledges Cash Assistance To Darfur
...als. With its deep pockets, the Gulf country has busily supported various Middle East and North African governments and political movements in the wake of regional unrest that began in 2011. Most recently, Qatar announced a $3bn purchase of Egyptian bonds (see left). Qatar’s bond purchase fo...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013 -
Jordan Disburses Energy Cash Handouts
...bruary). In 2012 the subsidy for petroleum products was estimated at JD800mn ($1,128mn). Until early 2011, Jordan depended on the Egyptian gas supplied by the Arab Gas Pipeline (AGP) to generate up to 80% of its electricity needs. But since then, supplies have been erratic because of frequent sabotage of th...
Volume: 56Issue: 15Published at Fri, 12 Apr 2013