Business


Can Turkey disprove IMF's dismal economic growth forecast?

The International Monetary Fund expects the Turkish economy to further slow down in 2017, but Ankara believes it can disprove the forecast.
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 Mustafa Sonmez for Al-Monitor Turkey Pulse on April 27

Egypt hopes gold city will revive industry, lure investments

Egypt is hoping to cash in on its rich resources and become Africa’s only gateway where manufacturers can trade in and export gold.
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 Menna A. Farouk for Al-Monitor on April 26

Glory days for Cairo's hammams have returned

High beauty care prices have driven Egyptian women to traditional bathhouses not only for personal hygiene but also for rest and relaxation at an affordable price.
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 Ayah Aman for Al-Monitor Egypt Pulse on April 25

Russia, Turkey to talk tariffs

It looks like Ankara’s retaliatory tariffs on Russian wheat will bring the two parties together in another attempt to compromise on sanctions and import taxes.
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 Yekaterina
Chulkovskaya for Al-Monitor on April 25

Hydroponic farming finds its way to Egypt

Amid severe water shortages and concerns over pesticide use, some Egyptians are hoping to transform the country's agriculture sector by relying on hydroponics to grow healthy and pesticide-free crops.
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 Amira Sayed Ahmed for Al-Monitor on April 23

West Bank to get 3G mobile service

The Palestinian Ministry of Telecom and Information Technology signed a final agreement with Israel earlier this month allowing Palestinian companies to provide 3G mobile services in the West Bank.
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 Khaled Abu Amer for Al-Monitor Palestine Pulse on April 20

Palestinian pound to start circulating in West Bank schools

The Palestinian Education Ministry launched an initiative to issue Palestinian pounds to be used in schools, in an attempt to introduce students to their national currency, which has been off the market since the end of the British Mandate in 1948.
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 Aziza Nofal on April 23

What’s next for Turkey’s economy under 'new system'?

Turkey’s new governance model, narrowly approved by a disputed referendum, adds more uncertainty to the country’s continued economic downturn.
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 Mustafa Sonmez for Al-Monitor Turkey Pulse on April 19

Egypt contemplates doing away with printed textbooks

A proposal to end the production of free textbooks and make better versions available in an electronic format poses a threat to the state-owned publishing houses that rely on this work.
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 Rami Galal for Al-Monitor Egypt Pulse on April 25

Why Iran won’t ditch the dollar soon

Although Iran has long touted plans to wholly abandon the US dollar, economic realities appear to be forcing Tehran to delay such a move.
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 Alireza Ramezani for Al-Monitor Iran Pulse on April 18

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