Hardened by a term in prison as a student leader and polished over a career as a successful and urbane courtroom lawyer, Arun Jaitley, India's new finance minister, could prove an effective foil for Prime Minister Narendra Modi.
Egypt's newly-appointed finance minister said on Wednesday that political instability would cause the economy to grow more slowly this year than earlier official forecasts showed, with the budget deficit also bigger than thought.
Turkey will not privatise its toll roads and bridges this year but may hold an initial public offering for them in 2014, Finance Minister Mehmet Simsek told Turkey's CNBC-e television on Wednesday.
A $5.7 billion tender for th
Egypt's new finance minister is a US-educated economist who will need all his training to help pull his country out of an acute financial crisis aggravated by renewed political turmoil.
Ahmed Galal, managin
Qatar National Bank has appointed the country's finance minister, Ali Shareef al-Emadi, as chairman of its board of directors, the country’s largest lender said in a statement on Sunday.
Emadi was previously QNB's ch
Oman is considering whether to issue a US dollar-denominated sovereign bond, its first international bond since 1997 and its second ever, to facilitate debt sales by its private sector, finance minister Darwish al-Balushi told Reuters.
Former Egyptian finance minister Youssef Boutros-Ghali was sentenced in absentia to life in prison in a corruption case on Tuesday, a Cairo criminal court source said.
Boutros-Ghali, whose uncle Boutros Boutros-Ghali was U.N. secr
Kuwait's parliament approved a plan on Wednesday to buy some citizens' personal loans, write off the interest and reschedule repayments.
Finance Minister Mustapha al-Shamali said on Tuesday the government was expecting to
Oil prices included in Bahrain’s 2013-2014 state budget and estimated at $90 per barrel are feasible and reflect market predictions, said a top government official.
MP Latifa Al Gaoud was speaking as he chaired the parliament and
Egypt's government will not implement a series of planned tax increases until it completes a dialogue with different parts of society, Al-Mal newspaper has quoted Planning Minister Ashraf al-Araby as reaffirming.