Business


Morocco unveils gas plan

Morocco plans to import liquefied natural gas and have the first gas-powered power plants operational by 2021.
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Translated from TelQuel (Morocco) on December 19

Kuwait faces economic challenges

Kuwait faces many problems obstructing its economic development, mainly in a lack of reforms and foreign labor force.
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Translated from Al-Hayat (Pan Arab) on December 18

Syria seeks steady flow of Iranian oil

The Syrian government is expressing its concerns on the irregular supply of Iranian oil, as it has been unable to meet Syrian fuel needs.
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Translated from As-Safir (Lebanon) on December 18

Lebanon signs agreement with Mercosur

Lebanon has signed a memorandum of understanding with the South American free trade organization Mercosur, whose member states host three times the number of Lebanese living in Lebanon.
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 Jean Aziz for Al-Monitor on December 18

Gaza imposes new taxes

Gaza’s Ministry of Finance has imposed new taxes on imported goods without approval from the unity government, drawing criticism from industry and citizens.
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 Mohammed Othman for Al-Monitor Palestine Pulse on December 18

Expanding defense budgets feed fears of Middle East arms race

A new report on arms-producing companies offers insight into the Middle East, where military experts say the armament race is likely to continue at an increasing pace.
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Metin Turcan for Al-Monitor on December 17

IRGC responds to Rouhani's comments

Following the president's warning against the consolidation of power, the head of the IRGC has criticized interpretations of strife between the president and his organization, which he credits with maintaining Iran's opposition to the United States.
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 Arash Karami for Al-Monitor on December 17

Jordan aims to reduce unemployment

With the help of grants from the Gulf, the Jordanian monarchy will initiate a 10-year socioeconomic plan to focus on high productivity sectors, entrepreneurship and unemployment.
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Translated from Al-Hayat (Pan Arab) on December 16

Morroco’s economy expects setbacks

Although Morocco's economy is expected to suffer slight setbacks, the monarchy enjoys political stability and international financial aid to help it bounce back quickly.
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Translated from Al-Hayat (Pan Arab) on December 15

Nuclear extension, oil price rattle Iranian markets

The extension of the nuclear talks for another seven months means sanctions are not lifted and the precipitous drop in oil prices has rattled Iranian markets.
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 A Correspondent in Tehran for Al-Monitor Iran Pulse on December 15

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