1. Egypt Devalues Currency In Bid To Calm Forex Market

    ...rners of foreign exchange for Egypt, have gradually fallen since the 2011 revolution with the deteriorating security situation. Recently bilateral aid from the GCC has relatively dried up with the collapse in oil prices in the past two years. NOVEMBER 2016 PRICE HIKE FOR GAS & OIL PRODUCTS (E£/li...

    Volume: 59
    Issue: 44
    Published at Fri, 04 Nov 2016
  2. UAE Plans 3% Spending Cut For 2017

    ...nstruction sector in Dubai has been a key driver of non-oil growth in the UAE, although activity in this sector has slowed down in the past two years or so. According to an FT report in July, property prices in Dubai have fallen by around 25% since their most recent peak in 2014, but remain above their 2011 tr...

    Volume: 59
    Issue: 44
    Published at Fri, 04 Nov 2016