Business


Who really benefits from Turkey-Russia joint fund?

A Turkish construction company, which runs major operations in Russia and was the builder of Erdogan’s controversial palace, figures prominently in a deal to create a joint investment fund between the two countries.
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 Mustafa Sonmez for Al-Monitor Turkey Pulse on March 20

Are Turkey's big businesses breaking with AKP?

A businesses' commercial to celebrate International Women’s Day may be a troubling sign for the AKP and the upcoming constitutional referendum.
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 Pinar Tremblay for Al-Monitor on March 20

Gaza receives first batch of construction trucks in 10 years

The Egyptian authorities allowed for dozens of trucks carrying construction materials to enter the Gaza Strip through the Rafah crossing, as part of its openness policy toward the small enclave that has been besieged by Israel since 2007.
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 Ahmad Abu Amer on March 20

Why French carmakers are real winners of Iranian protectionism

While Iran's steep import tariffs for vehicles are ostensibly designed to protect local industry, it appears that the primary benefactors are French carmakers.
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 Ali Dadpay for Al-Monitor Iran Pulse on March 17

Has Israel’s finance minister abandoned the lower classes?

Instead of focusing on poor people, Finance Minister Moshe Kahlon has decided to advance tax cuts that will only benefit the rich and deprive the state of revenue.
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 Akiva Eldar on March 16

Cairo's rich asked to sort waste at home

The Egyptian state is trying out a new initiative in Cairo’s well-off neighborhood of Heliopolis, whereby kiosks would buy presorted trash from citizens and then sell it to recycling factories.
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 Rami Galal on March 16

Has Rouhani achieved his goals for Iranian economy?

With his first term coming to an end in the next few months, it is time to assess President Hassan Rouhani’s management of the Iranian economy.
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 Bijan Khajehpour for Al-Monitor Iran Pulse on March 14

Probe blames corruption for imports of bad food, medicine in Iraq

Iraqi politicians rebuke regulatory and health authorities as spoiled food and expired medications are discovered.
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 Wassim Bassem on March 15

Is Egypt's new bankruptcy bill enough to lure back investors?

The Egyptian government submitted to the parliament a new legislation to regulate cases of bankruptcy to ensure a safe exit for struggling investors in a bid to improve the business environment amid a lingering economic crisis.
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 Ayah Aman for Al-Monitor Egypt Pulse on March 14

What does double-digit inflation mean for Turkey?

The accelerating pace of Turkey’s inflation threatens significant erosion in most forms of income on which the country’s population lives.
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 Mustafa Sonmez on March 13

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