Middle East IMF News Monitoring Service

Saudi Arabia bolsters its national stock exchange, the Tadawul, with major derivatives push

Investors monitor a screen displaying stock information at the Saudi Stock Exchange (Tadawul) following the debut of Saudi Aramco's initial public offering (IPO) on the Riyadh's stock market, in Riyadh, Saudi Arabia, December 11, 2019. Ahmed Yosri …

IMF’s revised outlook projects weaker 2020...

Doha: IMF has projected economic growth in the Middle East and Central Asia (MCD) region at –4.7 percent in 2020, which is 2 percentage points lower than in the April 2020 Regional Economic Outlook (REO), in line with revisions to global growth over this …

Ex-financial chief says bankers smuggled $6bn out of Lebanon

The former in the Lebanese Ministry of Finance, Bifani said Monday that Lebanese bankers have smuggled nearly $6 billion out of the country since October despite financial regulations imposed to save the country from the worst financial crisis in 30 years, …

Lebanon Is in Economic Crisis, and China Wants to Be Its Savior

Beirut’s Little China restaurant is the city’s most prominent establishment that serves authentic Chinese food, and it’s a regular gathering place for people of Chinese origin. It also serves as a symbol of China’s marginal role in Lebanese life more …

I.M.F. Cuts Growth Forecasts for the Middle East: Live Market Updates

LiveUpdated  July 13, 2020, 2:04 p.m. ET July 13, 2020, 2:04 p.m. ET Here’s what you need to know: The United States budget deficit grew to a record $864 billion in June as the federal government continued pumping money into the economy to prop up workers …

IMF warns of aggravated regional slowdown

KARACHI: In a report covering the Middle East, North Africa, Afghanistan and Pakistan (Menap) region, the International Monetary Fund (IMF) on Monday downgraded its growth forecasts even further from April, the last time such forecasts were issued at the …

IMF lowers Pakistan's growth projection for FY2021

ISLAMABAD: The International Monetary Fund (IMF) has predicted continuous negative effects of COVID-19 pandemic on different economies and lowered Pakistan’s growth projection by about 1 percentage points for the current fiscal year driven by weaknesses in …

IMF forecasts 5.7% economic contraction across MENA region in 2020 

The International Monetary Fund (IMF) has further downgraded its projections for the Middle East and North Africa (MENA) region’s economic growth to -5.7% in 2020 due to the novel coronavirus (COVID-19) pandemic. This represents a 2.4 percentage points …

I.M.F. Cuts Growth Forecasts for the Middle East

LiveUpdated  July 13, 2020, 10:22 a.m. ET July 13, 2020, 10:22 a.m. ET Here’s what you need to know: The International Monetary Fund said on Monday that it was sharply cutting its forecast for economic growth for the Middle East and Central Asia, as Saudi …

IMF Predicts Worst Mideast Downturn in Half Century

IMF predicts worst Middle East downturn in half century

DUBAI: The IMF on Monday (Jul 13) again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices. The region's economy will …

Middle East Oil Exporters Are Facing $270 Billion Fall In Revenue This Year, Says IMF

A police officer surveys Qingdao port as the Kuwaiti oil tanker Kazimah III unloads crude oi in ... [+] Qingdao City, China on March 20, 2020. (Photo: Costfoto/Barcroft Media via Getty Images) Barcroft Media via Getty Images Oil exporters in the Middle …

IMF slashes Middle East and Central Asia growth forecasts

DUBAI (Reuters) - The International Monetary Fund (IMF) has revised downwards its growth projections for the Middle East and Central Asia as economies were hurt worse than expected by the double blow of lower oil prices and the coronavirus crisis. FILE …

Lebanon's ex-finance chief says banks 'smuggled'...

 13 Jul 2020 - 11:35 (FILES) In this file photo taken on June 18, 2020, people exchange Lebanese pound and US dollar notes on the black market in Lebanon's capital Beirut. AFP / JOSEPH EID Beirut: A top former finance official alleged that Lebanese …

Mideast loses $270B oil income amid virus, recession

Aya Batrawy, Associated Press Updated 4:10 am PDT, Monday, July 13, 2020 FILE - In this Sept. 20, 2019 file photo, workers stand on a platform at a Saudi Aramco oil separator processing facility in Abqaiq, near Dammam in the Kingdom's Eastern Province. …

IMF calls on Lebanese to unite behind government reform plan

BEIRUT (AP) — The International Monetary Fund on Monday urged Lebanese authorities to unite behind a government economic plan that has received a cool reception from the banking sector, saying the country needs a reform program to rescue an economy mired …

IMF: Mideast loses $270B oil income amid virus, recession

DUBAI, United Arab Emirates — The Middle East’s energy producers are expected to earn $270 billion less in oil revenue compared to last year as the region’s economic heavyweight, Saudi Arabia, sinks deeper into recession amid the coronavirus pandemic, …

IMF predicts worst Mideast downturn in half century due to Covid-19, low oil prices

Medical volunteers wait outside a drive-through Covid-19 coronavirus testing centre in al-Khawaneej district of the gulf emirate of Dubai April 9, 2020. — AFP pic DUBAI, July 13 — The IMF today again sharply lowered its Middle East and North Africa …

IMF predicts worst Mideast downturn in half century

The IMF Monday again sharply lowered its Middle East and North Africa economic forecast, to its lowest level in 50 years, over the "twin shock" of the coronavirus pandemic and low oil prices. The region's economy will contract by 5.7 percent …

Iran: Defiant youth target regime's repressive units

PARIS, FRANCE, July 14, 2020 /⁨EINPresswire.com⁩/ -- The defiant youth in Tehran and other cities, including Qom, Isfahan, Andimeshk, Khorramabad, Gorgan, Karaj, Babolsar, etc., set fire to the entrances of the regime's centers of repression …

Bank of America, Google, and Red Hat Executives Join OASIS Board of Directors

Newly Elected Leaders Signal Growing Support for Collaborative Open Source and Standards Development BOSTON, MA, US, July 14, 2020 /⁨EINPresswire.com⁩/ -- OASIS, the international standards and open source consortium, today announced that three …

IADA Accepting Applications to Become Accredited Used Aircraft Sales Dealers

EDEN PRAIRIE, MINN., U.S., July 14, 2020 /⁨EINPresswire.com⁩/ -- The International Aircraft Dealers Association (IADA) is accepting applications from aircraft dealers to be accredited through the organization's independent accrediting process. …

Group Warns Parents that Eugenics is Being Repackaged as “Mental Health Care”

Rev. Fred Shaw says Minority Mental Health Month may send African American parents wrong message—that the effects of racial injustice require psychotropic drugs LOS ANGELES, CALIFORNIA, UNITED STATES, July 14, 2020 /⁨EINPresswire.com⁩/ -- July is …

Care For Children International, Inc. Awarded 2020 Bronze Seal of Transparency

Care For Children International, Inc. has been awarded a 2020 Bronze Seal of Transparency for adding information to their GuideStar Nonprofit Profile FALL RIVER, MASSACHUSETTS, UNITED STATES, July 14, 2020 /⁨EINPresswire.com⁩/ -- Care For Children …

It's Finally Here. Jorge Parrott's "Into The Unknown" This Book Is Right On Time During This Time Of Global Shaking

Shawn Bolz says "Into the Unknown” is exactly the kind of book people need right now!" Etienne Blom writes " Every part is captivating...!" CHARLOTTE, NORTH CAROLINA, UNITED STATES, July 14, 2020 /⁨EINPresswire.com⁩/ -- Jorge …

SECEON DELIVERS AI/ML-BASED XDR ON OTM PLATFORM ACROSS ENDPOINTS, NETWORK AND CLOUD

aiXDR provides an integrated view with contextual & behavioral awareness, AI-driven automation & correlation, alert prioritization and actionable intelligence. WESTFORD, MA, USA, July 14, 2020 /⁨EINPresswire.com⁩/ -- Seceon, the pioneer of …

COVID-19 Vaccine And Therapeutics Pipeline Analysis To Track The Movement On Containing The Disease

The Business Research Company’s COVID-19 Vaccine And Therapeutics Pipeline Analysis 2020 LONDON, GREATER LONDON, UK, July 14, 2020 /⁨EINPresswire.com⁩/ -- The COVID-19 Vaccine And Therapeutics Pipeline Analysis Market Report provides an analysis …

Equality Now exhorte le Mali à prendre des mesures urgentes pour protéger les filles et les femmes contre les MGF

Equality Now félicite CEDAW pour la publication du rapport détaillé et opportun affirmant que le Mali n’a pas criminalisé MGF. Por Flavia Mwangovya. NAIROBI, KENYA, July 14, 2020 /⁨EINPresswire.com⁩/ -- Equality Now félicite le Comité pour l’ …

Equality Now calls on Mali to take urgent action to protect girls and women from Female Genital Mutilation

Equality Now welcomes the comprehensive and timely report by CEDAW which declares Mali’s failure to criminalize Female Genital Mutilation. NAIROBI, KENYA, July 14, 2020 /⁨EINPresswire.com⁩/ -- By Flavia Mwangovya, End Harmful Practices Global Lead …

Beeks announces appointment of Matthew Cretney as head of Product Management

LONDON, UK, July 14, 2020 /⁨EINPresswire.com⁩/ -- Beeks Financial Cloud (AIM: BKS) and Velocimetrics announce today the appointment of Matthew Cretney as the head of product management. Cretney is an experienced technologist with decades of …

Dry construction 2020 Global Market Net Worth US$ 101.09 Bn Forecast By 2026

WiseGuyReports.com Publish A New Market Research Report on –“ Dry construction 2020 Global Market Net Worth US$ 101.09 Bn Forecast By 2026”. PUNE, MAHARASTRA, INDIA, July 14, 2020 /⁨EINPresswire.com⁩/ -- Dry construction Market 2020 Summary …

Global Sterilization Equipment And Disinfectants Market Forecast To 2023

Major players in the sterilization equipment and disinfectants market are 3M, Cantel Medical, STERIS, Getinge, Belimed, TSO3, Matachana, CISA LONDON, GREATER LONDON, UK, July 14, 2020 /⁨EINPresswire.com⁩/ -- The global sterilization equipment and …

Bunchful seeks to honor organizations and individuals who have given generously throughout this pandemic

A new initiative was launched at www.bebunchful.com, which seeks to honor organizations that have given generously to causes like COVID-19 relief efforts. NEW YORK CITY, NY, U.S. , July 14, 2020 /⁨EINPresswire.com⁩/ -- Bunchful today announced …

GoodFirms Unveils the List of Most Recommended IT Implementation Service Providers -2020

Based on several research parameters, GoodFirms unfolds the list of implementation service providers. WASHINGTON DC, WASHINGTON, UNITED STATES, July 13, 2020 /⁨EINPresswire.com⁩/ -- Every entrepreneur has it's out of box ideas and unique …

CMM Theology Offers Global Online Accredited Christian Degrees

During Times Of Uncertainty & Global Shaking Students From Secular & Ministry Backgrounds Study From Home Globally And Find Peace In Friendship Learning Classes CHARLOTTE, NORTH CAROLINA, UNITED STATES, July 13, 2020 /⁨EINPresswire.com⁩/ …

Delaware lawyer elected as new Chairman of the Board at The American University of Rome (AUR)

The new Chair of the AUR Board is Mr Robert J. Krapf. Mr. Krapf is past president of the Richards, Layton & Finger law firm, located in Wilmington, Delaware. ROME, ITALY, July 13, 2020 /⁨EINPresswire.com⁩/ -- The Board of Trustees of The …

Shincheonji and the Korea Centers for Disease Control and Prevention Work Together for Plasma Donation

Shincheonji Members Make Mass Plasma Donations on Korean Red Cross Buses to Aid Covid-19 Vaccine Research NEW YORK, NEW YORK, USA, July 13, 2020 /⁨EINPresswire.com⁩/ -- In recent days Shincheonji, Church of Jesus has been working with the …

Shincheonji Members Make Mass Plasma Donations on Korean Red Cross Buses to Aid Covid-19 Vaccine Research

Shincheonji and the Korea Centers for Disease Control and Prevention Work Together for Plasma Donation NEW YORK , NEW YORK, USA, July 13, 2020 /⁨EINPresswire.com⁩/ -- In recent days Shincheonji, Church of Jesus has been working with the Korea …

Industrial Engineering Knowledge Center is Offering IE Free Online Course to Global Learners and Professionals

MUMBAI, MAHARASHTRA, INDIA, July 11, 2020 /⁨EINPresswire.com⁩/ -- The world famous and extremely popular international blogger Prof. Narayana Rao KVSS, Professor at National Institute of Industrial Engineering, Mumbai gave a spellbinding …