Economy and trade

Egypt to bridge 4% of budget deficit through elections

Egypt’s National Elections Commission is set to impose a fine on Egyptians who did not take part in the March 2018 presidential elections.

Egypt

How Palestinian exports of $1 billion impact trade deficit

Governmental and nongovernmental parties in Palestine are trying to support the export sector in a bid to reduce the trade deficit and dependency on the Israeli economy.

Palestine

Putin, Sisi take Russia-Egypt relations to 'strategic level'

Moscow and Cairo signed a strategic cooperation agreement that is supposed to open new venues for bilateral relations in the military, political and cultural domains.

Egypt

Why Iran must seriously act to address rent seeking

While the top elites of the Islamic Republic are recognizing the need to address mismanagement of the Iranian economy, the core issue remains the rent seeking that is thwarting genuine reform.

Iran

Iran hedges bets on EU, China with focus on trade with neighbors

Beyond engaging with Europe and major global trading partners such as China, Iran is looking to its neighbors to blunt the impact of US sanctions.

Iran

Ongoing blockade will cause Gaza to explode in the face of Israel, Hamas warns

Employees are being laid off and shops are closing down in the cash-strapped Gaza Strip, while the World Bank warns that the economy is collapsing after a decadelong blockade.

Palestine

Ankara pins electoral hopes on ignoring economic realities

The Turkish government’s vacillations and zigzagging in the face of the country’s economic woes reflect how squeezed it has become economically and politically and how concerned it is about it with elections scheduled for March.

Turkey

Will the PA be able to invest in Area C?

Palestinian Prime Minister Rami Hamdallah demanded that the Palestinian Authority be allowed to invest in Area C, considering it a way to achieve development, create jobs and increase the Palestinians' GDP.

Palestine

How will Basra be affected by the closure of US consulate?

Officials and experts in the city of Basra warn of the massive negative effects on the city following the US State Department's decision to close its consulate there.

Iraq

Europe’s big eggs in Turkey’s economic basket

Economic concerns lie at the heart of Turkey’s moves to repair ties with European countries, which, in turn, are open to Ankara’s overtures due to the significant stakes they have in the ailing Turkish economy.

Turkey

“Made in Jordan”: Are consumers buying it?

The “Made in Jordan” campaign has been trying to instill a sense of pride in locally produced goods with the long-term goals of boosting industry and decreasing unemployment.

Jordan

Consumer prices dropping in Iran as currency regains value

Consumer prices are reportedly dropping in Iran after a period of untamed jumps rarely seen in the country's recent history.

Iran