Business


Iraq, Turkey strengthen energy relationship

The bilateral relationship between Iraq and Turkey is strengthening following recent meetings in which an increased collaboration on oil, natural gas and electric energy production and export was discussed.
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 Zülfikar Doğan for Al-Monitor Turkey Pulse on January 23

Female engineers in Lebanon push the glass ceiling

Women are starting to gain respect from male counterparts as their numbers in the engineering field rise.
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Translated from As-Safir (Lebanon) on January 25

Cairo metro fare hike results in public backlash

Egyptian news recently reported that the Transport Ministry will increase the price of a metro ticket by 2,500%, which activists consider extremely unfair.
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 Ahmed Fouad for Al-Monitor Egypt Pulse on January 23

Egypt forgives Iraqi debt in exchange for oil

During Iraqi Prime Minister Haider al-Abadi’s visit to Cairo, the Egyptian government agreed to drop the Iraqi debt owed to Egypt, in exchange for oil shares that would come in handy in light of the energy crisis plaguing Egypt.
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 Ayah Aman for Al-Monitor Egypt Pulse on January 23

Gaza water desalination plants cause severe health risks

The lack of supervision over water desalination plants and the Israeli siege contribute to the contamination of drinking water available to Gaza’s residents.
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 Rasha Abou Jalal for Al-Monitor Palestine Pulse on January 22

Phosphate production poisoning Tunisian city

The phosphate refinery in Gabes offers employment opportunities, but it is also responsible for environmental degradation causing harm to public health, including high rates of cancer and kidney disease.
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 Sam Kimball for Al-Monitor on January 22

Iran holds trump card on oil: petrochemicals

To offset the drop in oil revenues, Iran can look to its petrochemical industry.
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 Maysam Bizær for Al-Monitor Iran Pulse on January 22

Turkey missed its key economic targets in 2014

Turkey failed to attain most of its key economic targets last year, but was likely to receive a boost from falling oil prices in 2015.
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 Mehmet Cetingulec for Al-Monitor Turkey Pulse on January 20

Will Russia's economic decline affect its Middle East influence?

Russia’s economic influence in the Middle East is bound to suffer as its economy continues to decline; but whatever happens, Moscow will retain one of its most important sources of influence — its veto power in the UN Security Council.
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 Paul J. Saunders for Al-Monitor on January 19

Iraqi agriculture drops 40% under IS control

Iraq's minister of agriculture told Al-Hayat that Iraq had hoped to announce agricultural self-sufficiency, but security conditions brought the sector back to square one.
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Translated from Al-Hayat (Pan Arab) on January 19

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