The number and value of guarantees given by Kafalat declined by 19.21% and 14.83% during 2015 to 676 worth $93.31M, respectively, compared to 838 guarantees worth $109.55M by December 2014. The average ... read more
Even though tourism is not a major contributor to the country’s national output, Egyptian authorities heavily rely on the sector to boost the country’s induced revenues, employment and investment projects. ... read more
Egypt will finally start electing a new parliament by mid-October this year after 3 years without a legislative Council of Representatives. During Q3 2015, and after president Al-Sisi reshuffled the ... read more
The third quarter of 2015 proved to be a very difficult period to navigate through, as global financial markets experienced volatility hardly seen before, and economies witnessed withdrawals and ... read more
The number and value of guarantees given by Kafalat declined by 24.32% and 17.42% in the first 10 months of 2015 to 554 worth $77.38M, respectively, compared to 732 guarantees worth $93.70M by October ... read more
The municipal solid waste crisis has been the main highlight of the third quarter (Q3) in Lebanon. The forceful closing of the Naameh landfill resulted in trash being piled up on the streets, with no ... read more
Lebanon’s touristic sector progressed to reach 1.18M tourists by September 2015, its highest level in 3 years. According to the Ministry of Tourism, the number of incomers by September 2015 surged by ... read more
Tourist spending in Lebanon grew 5% y-o-y in the first eight months of 2015, according to “Global Blue”. The improvement of tourists’ spending in the first three quarters of the year came from the ... read more
The number and value of guarantees given by Kafalat declined by 28.81% and 23.53% in the first 8 months of 2015 to 415 worth $57.93M, respectively, compared to 583 guarantees worth $72.75M by August 2014. ... read more
Mega projects kept on labeling the United Arab Emirates’ strategy to establish itself as a regional financial center and a hub for transport, tourism and trade. In fact, Dubai, being the host of the World ... read more
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