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IMF Predict Egypt’s Gross Debt Rising to 92.9% of GDP This Year Image Credit: International Monetary Fund/Facebook Egypt’s gross public debt – the total financial liabilities of all government enterprises – is expected to make up 92.9 percent of the country’s GDP in 2023, according to an economic outlook report…

Get your copy of “Is the Middle East the ‘Next China’ For Luxury Brands?” on our Reports page. Luxury brands are no strangers to the Middle East market or clientele, with the region’s largely — but not entirely — oil-based wealth long attracting high-end automakers, fashion houses, jewelers, and hoteliers. The…

Hundreds of fans have come out to support their team, the Palestinian Sports Club -- a professional football club which plays in the green, black, red and white colors of the Palestinian flag. Photo: MARTIN BERNETTI / AFP Source: AFPThousands of miles away from conflict in the Middle East, the…

Top diplomats from Middle East rivals Iran and Saudi Arabia met in Beijing on Thursday, resuming diplomatic relations and pledging to work together to bring "security and stability" to their turbulent region. In a joint statement released after talks between Iranian Foreign Minister Hossein Amir-Abdollahian and Saudi counterpart Prince Faisal…

 UNWTO has successfully celebrated the 48th session of its Regional Commission for the Middle East. Returning to Egypt for the third time since 2018, the commission addressed the pressing challenges faced by tourism and looked to the future as the sector’s recovery gathers pace across the region. According to the…

CIC News > Latest News > Canada > Canada seeking more Francophone immigrants from Americas, Europe, Africa and the Middle East Published on May 2nd, 2023 at 09:00am EDT Updated on May 2nd, 2023 at 09:11am EDT Canada’s federal government released its Action Plan for Official Languages 2023-2028 in Ottawa…

eBay announced today that it has appointed Vidmay Naini as its general manager for global emerging markets, a role that covers the company’s growth in Southeast Asia, India, Eastern Europe, Israel, the Middle East, Africa and Latin America. Before his new position, Naini led eBay’s Southeast Asia and India businesses.…

BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called for using the Chinese yuan for cross-border trade...Read More

Qatar has planned several expansion projects in the Middle East and the North Africa region, implemented by a group of Qatari investment entities, Qatari press reports revealed, on Wednesday. The Qatari newspaper, Al-Sharq, reported that both the Qatar Sovereign Fund and the Investment Holding Group have recently sealed many deals in…

The UAE ranks first among the 56 countries across the Middle East and Africa (MEA) with the lowest risk in terms of managing food security, according to a recent report by GlobalData. Saudi Arabia came in third place after Israel in second place as one of the lowest-risk MEA nations…