Thursday 29 September 2016
 
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Finance Minister

Iraqi finance minister sacked over corruption

Iraq's parliament removed Finance Minister Hoshiyar Zebari from office on Wednesday over corruption allegations, a move that risks further destabilising the major Opec producer's fragile economy as it struggles with a massive budget defi

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Algeria names new energy, finance ministers as low oil bites

Algerian President Abdelaziz Bouteflika named new energy and finance ministers on Saturday in a cabinet reshuffle, as the Opec member tries to cope with a sharp fall in oil and gas earnings that have placed increasing pressure on its finances.

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Algeria names new energy, finance ministers as low oil bites

Algerian President Abdelaziz Bouteflika named new energy and finance ministers on Saturday in a cabinet reshuffle, as the Opec member tries to cope with a sharp fall in oil and gas earnings that have placed increasing pressure on its finances.

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India minister discusses Zulekha plans

Indian Finance Minister Arun Jaitley during his recent visit to the UAE met Dr Zulekha Daud, founder and chairperson of Zulekha Healthcare Group and discussed the Group’s project plans and development progress of Alexis Hospital in

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Kuwait ‘may issue bonds to finance deficit’

Kuwait is considering issuing bonds among various options to finance a budget deficit created by low oil prices, Finance Minister Anas al-Saleh said on Thursday. "Going to the market and issuing bonds and so on, could it happ

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Egypt growth to be ‘easily north of 4pc’ in 2014-15

Egypt can expect economic growth "easily north of 4 per cent" in fiscal year 2014-15, which ends in June, boosted by rising confidence and a windfall from lower oil prices, its finance minister said. Hany Dimian also tol

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Egypt targets 11pc budget deficit in fiscal 2014/15

Egypt is targeting a budget deficit of around 11 per cent for the fiscal year that began in July and aims to boost economic growth to 5-6 per cent within three years, Finance Minister Hani Dimian told a conference on Tuesday. Poli

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Egypt targets 11pc budget deficit in fiscal 2014/15

Egypt is targeting a budget deficit of around 11 per cent for the fiscal year that began in July and aims to boost economic growth to 5-6 per cent within three years, Finance Minister Hani Dimian told a conference on Tuesday. Poli

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Kuwait woos foreign investors by dropping offset scheme

Kuwait is suspending a programme under which foreign winners of big government contracts are required to invest in the local economy, its finance minister said on Tuesday, as it tries to attract more overseas companies. "We n

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India's new finance minister faces huge challenges

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.

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