Tag : economic reform

Business

Egypt secures $1 billion World Bank reform support

manamalive.com
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing...
Business

GCC beats global average in 2026 economic freedom index

manamalive.com
MUSCAT: Gulf Cooperation Council countries outperformed the global average in the 2026 Economic Freedom Index, with the bloc posting an average score of 66.9 against a world average of 59.9, according to data released by the GCC Statistical...
Egypt to receive major EU financial assistance for reform efforts
Business

Egypt to receive major EU financial assistance for reform efforts

manamalive.com
The European Parliament's International Trade Committee has endorsed two separate macro-financial assistance (MFA) packages aimed at supporting Egypt and Jordan, with proposed loans of €4 billion and €500 million respectively. The approvals were granted during...
Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash
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Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash

manamalive.com
Argentine President Javier Milei is facing significant political fallout after endorsing a cryptocurrency token that quickly skyrocketed in value before crashing, leading opposition lawmakers to threaten an impeachment trial. The token, $LIBRA, was promoted by...