Gulf Capital has already invested over $300m in Egypt in sectors such as technology, infrastructure, manufacturing, petrochemicals and healthcare
The fund raised its economic growth projection for MENA to 4.1 per cent this year from an earlier estimate of 4 per cent
The fund projects Bahrain’s economy will grow 3.3 per cent this year
Offers for help flow from all over the world, GCC countries lead response
Egypt has reported 4,319 cases of the coronavirus, including 307 deaths
The nine-member external advisory group includes industry bodies such as the Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions.
The Eurozone debt crisis poses the biggest threat to the global economy, says IMF chief.
The Kingdom boosted spending to a record SAR804 billion in 2011, 23 per cent higher than in 2010.
A $3.2 billion loan from the International Monetary Fund will help Egypt handle a balance of payments crisis.