Economy and trade

Russia weighs two reconstruction strategies for Syria

In the face of US sanctions, Moscow is considering whether the outsourcing of reconstruction efforts for Syria may be better for Russia than a long-term presence.

Syria

Palestine seeks economic relations with Oman

A Palestinian ministerial delegation is preparing to visit Oman early next year as part of efforts to sever economic ties with Israel, but some analysts wonder what benefits are to be gained by either party.

Oman

Analyzing Iran’s new state budget

Iran's state budget introduced no major structural changes, but it did improve transparency in some sectors.

Iran

Will Turkish lira save economy in Syria's opposition-held areas?

As Syria's currency plunges against the dollar, the opposition's Syrian Interim Government plans to replace the Syrian pound with the Turkish lira in the areas it controls.

Syria

Lebanon’s real estate sector crumbles along with dreams

As Lebanon’s economic crisis devastates the housing sector, homeowners are faced with increasing payments and debt tied to the dollar and rising interest rates.

Lebanon

Will loan initiative turn around Egypt's struggling factories?

Egypt’s Central Bank has launched a funding initiative to help defaulting factories deal with their debt and bolster production.

Egypt

Pressure mounts against importing Israeli gas to Jordan

While Jordan is expected to start receiving natural gas from Israel in a matter of weeks, demands that the government cancel the deal are growing.

Israel

Egypt focuses on developing Africa

With the goal of promoting investment opportunities in Africa and Egypt and signing development and investment agreements, Egypt organized the Africa 2019: Investment for Africa Forum, as President Abdel Fattah al-Sisi holds the presidency of the African Union.

Egypt

Turkey’s economic crisis takes toll on wealth holders

Hit by the Turkish lira’s slump against the dollar, economic contraction and decline in real estate prices, Turkey’s richest have watched their wealth erode.

Turkey

Israel: plenty of bread but no butter

Since the price of butter is controlled by the government, Israeli dairies prefer using the butterfat for other dairy products.

Israel

How Suez Canal will continue to change Mediterranean Sea

The Suez Canal has changed the Mediterranean Sea from environmental and economic perspectives since its opening 150 years ago, and these changes are only expected to worsen in light of the expansion of the canal.

Egypt

Reduction in Iran's gasoline subsidy sparks anti-government protests

President Hassan Rouhani’s announcement of a large reduction in the gasoline subsidy sparked protests across a number of cities, with deaths having been reported.

Iran