King Mohammed VI announces envelope of 120 billion dirhams ($12.8 billion) to revive the economy of Morocco that has been hit hard by coronavirus pandemic.

Copy of 2018 central bank audit seen by Reuters also shows that auditors were unable to verify the gold reserves of Lebanon.

Diab warns pandemic could trigger global food security emergency that would put vulnerable countries like Lebanon at particular risk, calls for US and EU to set up emergency fund.

Facing its biggest threat to stability since the civil war between 1975 and 1990, Lebanon will seek IMF aid to resolve its economic crisis.

Royal cabinet says fund will be created to upgrade health infrastructure, help vulnerable economic sectors such as tourism in the wake of the new coronavirus outbreak.

The Government of Iraq has contributed $33 million to the United Nations Development Program (UNDP) in order to support stabilization work in the liberated provinces.

Egypt announced a plan for the issuance of treasury bills and bonds worth 181.5 billion Egyptian pounds, but experts say the government should slash outlays and increase public revenues through a raft of measures to ease the country's budgetary woes.

The new Sovereign Fund in Egypt, the "Egypt Fund", will gather money to fund a number of projects that will seek to improve the economic situation in the country.

The UN Support Mission in Libya (UNSMIL) called on the GNA to get a handle on armed groups in the country. The war-torn country has been gripped by violence following the 2011 NATO-backed uprising that toppled longtime dictator Muammar Gaddafi.

The conference in Mosul, Nineveh Province, was broken down into 5 sessions, during which members of the reconstruction fund and other officials discussed challenges facing the reconstruction process.

The Egyptian parliament approved a 200 billion Egyptian pounds ($11 billion) sovereign wealth fund to be established which will contribute to sustaining economic development. The Egypt fund was given 5 billion Egyptian pounds to start up, and a 1 billion pound immediate transfer.

The Egyptian government has moved to establish a sovereign fund as part of reforms intended to boost the economy and shrink unemployment.

BAGHDAD: The multi-billion loans and credits offered to Iraq at an international donors conference in Kuwait have raised dozens of...

The drive to reconstruct Syria has gained momentum in recent months, despite the government lacking funds or a strategy

Areas of Mosul have suffered 80% damage as a result of the fighting to liberate the city from ISIS militants

Amid an overall scale-up in relief operations in Syria, the United Nations Resident and Humanitarian Coordinator for the country, Ali...