Economy MENA Edition

morocco

Morocco sees government's budget deficit narrowing in 2019

Morocco's 2019 draft budget forecasts a deficit narrowing to 3.3% of gross domestic product in 2019

jobs

Saudi unemployment stays at record high as companies struggle

Unemployment among Saudi Arabian citizens stayed at a record high of 12.9%

egypt

Egypt cuts fees for ships arriving at East Port Said

A 30% discount on port, docking and guiding fees will apply for vessels carrying less than 80,000 tonnes

economy

Governments need more accountants

The public sector needs better accounting

equities

BRIEF: Kuwait's Alijarah Holding Posts Nine-Month Profit

lebanon

Lebanon president says government will be formed "very soon"

Political stalemate has prevented the country's leaders from forming a government, more than five months after parliamentary elections.