Economy and trade

IMF option looms larger for Turkey amid row with US

Turkey’s economic woes keep growing, exacerbated by central bank inaction and simmering tensions with the United States, in what many see as an inevitable march to the IMF.

Turkey

Will Riyadh-Tehran rivalry kill Iraqi Kurdistan's investment drive?

A visit to Erbil by a Saudi trade delegation in late July has the potential to bear fruit in advancing economic cooperation and investment in the region, helping ease its current financial crisis, but the Saudis' move has raised eyebrows in Tehran.

Saudi Arabia

Is ‘national reconciliation’ Iran's key weapon to win economic war?

A top pro-reform official in Iran said national unity and reconciliation are in the making to defuse the US-led economic pressure and media war against the country.

Iran

Egypt goes against IMF advice, boosting public investments

The International Monetary Fund is keen to reduce Egypt's investments in the country in favor of private investment, but the new government has decided to increase the amount it will spend.

Egypt

Iran arrests top state managers as anti-corruption drive forges ahead

Iran's judiciary is intensifying its crackdown on state managers accused of massive fraud amid a currency crisis the country is struggling to overcome.

Iran

Will Iranian Kurds be on front lines of US conflict with Iran?

The US administration appears to increasingly be looking at armed Iranian Kurdish opposition groups as part of its campaign to economically and militarily pressure Iran.

Iraqi-Kurdistan

Tunisian economy continues to struggle

The Tunisian government just received another part of its loan from the International Monetary Fund and assures citizens it is taking appropriate measures to solve the country's economic crisis.

Tunisia

How Turkish exporters plan to avoid impact of US trade wars

Turkish businesspeople have outlined an investment plan to duck US tariffs and increase sales to the world’s largest consumer market.

Turkey

Could Hifter's about-face on control of Libya's oil lead to real progress?

Khalifa Hifter’s decision to return control of the oil ports under his authority to the National Oil Corporation, three weeks after seizing them, could be seen as a goodwill gesture that will prompt genuine progress toward an agreement between the two sides.

Libya

Parliament puts price on Egyptian citizenship

A controversial bill that would allow foreign nationals to purchase Egyptian citizenship has passed through parliament and awaits the president’s signature.

Egypt

Sanctions threaten Iran's dream of becoming Eurasian transport hub

Lack of financing and the potential collapse of the nuclear deal threaten Iranian plans to complete the infrastructure necessary for the International North-South Transport Corridor.

Regional

Turkey’s one-man regime denied confidence vote by markets

The downturn in the Turkish economy looms as a major challenge for President Recep Tayyip Erdogan, as economic actors show little confidence in his new and sweeping powers and his selection of his son-in-law to manage the economy.

Turkey