Economy and trade

What rial devaluation means for Iranian government

While the devaluation of the rial has had a negative impact on Iranian society, it has the potential to help key economic players — including the government and the Central Bank — to gain a new and sustainable balance in their finances.

Iran

Surging prices may push Iran's housing sector back into recession

While property prices in Iran have jumped following turmoil across the economy, the sector is headed for another recession as the number of actual deals is dropping.

Iran

Economic ties going strong between Israel, Palestine

Palestinian-Israeli economic relations seem unaffected by the political stalemate hindering peace talks between the two sides.

Palestine

Egypt's horse exports growing now that most bans are lifted

Now that many countries no longer ban imports of Egyptian horses, the government expects the country to become a hub for investment in purebred Arabian horses.

Egypt

Lawmakers to study how Egypt's civil servants are paid

The majority coalition in Egypt’s parliament wants to amend the civil service law to increase what government employees are paid, while some experts and economic observers believe the state ought to instead create a work environment that discourages incompetent civil servants.

Egypt

Why is Egypt canceling T-bond auctions?

For the second time this year, the Egyptian government canceled the sale of treasury bonds after banks demanded higher interest rates.

Egypt

Why Iranians are lured by Georgian delights

Iranians from different walks of life seek investment opportunities and residency in Georgia, thinking it would be a gateway to Europe — but is it that easy?

Iran

Saudi Arabia hires star lawyer to fight anti-oil cartel bill

Former Republican Solicitor General Ted Olson is being paid to push back against bipartisan legislation challenging OPEC’s dominance.

Saudi Arabia

Rouhani moves closer to Khamenei amid bipartisan backlash

President Hassan Rouhani’s appearance before parliament to answer economic questions did not satisfy Principlists or Reformists. It did, however, please Supreme Leader Ayatollah Ali Khamenei.

Iran

Egypt reaps harvest of Sisi’s visit to China

Egyptian President Abdel Fattah al-Sisi returned a few days ago from a visit to China during which he participated in the Forum on China-Africa Cooperation in what raised questions about the gains that Egypt will achieve from the visit.

Egypt

Unemployment pushes Palestinians to work in Israel

Many Palestinians in the West Bank and Gaza Strip, where jobs are scarce and low-paying, enter Israel to find work, and those who are truly desperate end up building the very settlements they seek to end.

Palestine

Egypt to invest in restoration of war-torn countries

Egyptian Prime Minister Mustafa Madbouly recently issued a decree to form an action group aimed at investing a great deal of effort in the reconstruction of five Arab countries.

Egypt