The half-yearly world economic outlook (WEO) of the International Monetary Fund (IMF) anticipated that British economy would …
UK
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Financial Institutions
IMF defends Brexit warnings, UK heads for ‘soft landing’
by Yomna Yasserby Yomna YasserThe International Monetary Fund’s chief economist Maurice Obstfeld has defended the grim warnings the fund made about …
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The International Monetary Fund (IMF) has trimmed UK growth forecasts for 2017 further to 1.1 percent citing …
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International News
UK government approves $23 bln nuclear power station joint project
by Yomna Yasserby Yomna YasserThe U.K. government has given the green light to a £18 billion ($23 billion) Hinkley Point nuclear …
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Industry & Trade
Oil minister, UK ambassador meet on boosting projects in Egypt’s gas field
by Noha Gadby Noha GadEgyptian Oil Minister Tarek El-Molla met Thursday with British Ambassador to Cairo, John Casson to discuss enhancing …
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International News
Xi tells Britain’s May he is open to bilateral trade deal: UK official
by Yomna Yasserby Yomna YasserChina’s President Xi Jinping has told British Prime Minister Theresa May he was open to a bilateral …
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A shortage of bricks is a contributing factor in rising house prices in the UK over the …
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Real Estate
Brexit uncertainty created pause in UK mortgage sector in July
by aya salahby aya salahThe UK’s mortgage sector was hit in July as a result of the European Union referendum with …
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Residential property sales in the UK fell slightly by 0.9% between June 2016 and July 2016 and …
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European Union’s investments in Egypt rose by $730 million in the third quarter of the financial year …