Turkey lifts veil on unemployment data, revealing bigger army of jobless A new, broader set of labor statistics has exposed a big gap between Turkey’s official unemployment rate and the actual joblessness in the crisis-hit country. Turkey
Rights group criticizes Jordan over debt imprisonment Human Rights Watch has highlighted the plight of poor Jordanians imprisoned for failing to pay back loans taken out to meet basic needs. Jordan
COVID accelerates evolution of Gulf economies The economic policy response to COVID-19 is an acceleration of specific trends already underway across the Gulf Cooperation Council members, variously affecting tax policy, labor market regulation and immigration policy. Saudi Arabia
Iran receives COVID-19 vaccine from Cuba Iran enjoys warm relations with the Latin American state and the two countries are also developing a coronavirus vaccine together. Iran
Cairo river taxi project beginning to flow Authorities are working to clear clogs in Egypt’s long-awaited Nile transportation plan. Egypt
Facing oil slump, Iran moves to tax its way out of crisis Faced with plummeting oil revenues, the Iranian government is taking measures to make up the smaller amount of petrodollars coming in with increased tax revenue. Iran
Can Egypt’s tourism industry get back on track after Sinai crash? In an interview with Al-Monitor, Egypt's Tourism Minister Hisham Zazou expresses optimism that this vital sector of the country’s economy will recover. Egypt
Dollar-needy Turkey tightens foreign currency rules Desperate to stop the flight of foreign money, the Turkish government has tightened rules on how cash can be taken out of the country. Turkey
Iran-India energy cooperation opens new horizons While the Turkmenistan-Afghanistan-Pakistan-India pipeline may sound the death knell to the Iran-Pakistan-India project, the Middle East to India Deepwater Pipeline may deliver Iranian gas to India through an undersea pipeline. Oman
Lebanon's banks to pay price of sanctions on Hezbollah New US sanctions against Hezbollah are adding pressure to Lebanon’s already struggling banking sector, further burdening the country’s economy. Lebanon
Gaza scrap collectors finally back in business Following years of interruption due to Israel's blockade on the Gaza Strip, the scrap trade there has resumed, sparking economic hope. Palestine
How Lebanese banks are handling US sanctions on Hezbollah It remains to be seen whether US sanctions will hurt Hezbollah or merely inconvenience banks and their customers. Lebanon
Rouhani fires back at criticism of economic management Iranian President Hassan Rouhani has reminded critics that he is managing the country with oil near $30 per barrel, not the highs of the previous administration. Iran
Despite IS threat, Iraqi Kurdistan tries to lure tourists After instability brought about by IS nearly destroyed tourism in Iraqi Kurdistan, the government still hopes to benefit from years of investment in the sector. Iraq
Palestinian industrial parks: Boon or bondage? The Jenin industrial project is scheduled to start operating this year, with opponents claiming that such projects are in direct conflict with the Palestinian Authority's goal of becoming a fully independent and sovereign state. Palestine
Water war could leave Turkish Cyprus high and dry A fight over profits has disrupted the water supply from Turkey to Turkish Cyprus less than three months after a unique water pipeline was inaugurated, threatening to leave Turkish Cypriots with neither water nor vital financial aid from Ankara. Turkey