Sunday 5 May 2024
 
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Masood

Curb exuberance, IMF tells Dubai

Dubai's government has to make sure its property market is driven by fundamental factors, not speculation, and be ready to act if it sees very rapid increases in asset prices, a senior International Monetary Fund official said on Tuesday.

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Mideast spending curbed by euro zone crisis

  Uncertainty over the euro zone debt crisis is now showing signs of restraining business and household spending in the Middle East, a top IMF official said after weekend meetings of the International Monetary Fund and World Bank

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Egypt 'must do more to secure IMF aid'

Egypt needs to do more to secure a $3.2 billion loan from the International Monetary Fund, including gathering broad political support, an IMF official said on Wednesday. Masood Ahmed, IMF director for the Middle East, told Reuters that Eg

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