Economy and trade

Will Mankai Textile Industrial Park be a blessing for Egypt's textile sector?

The construction of the largest Chinese textile city in Egypt is raising the concerns of local manufacturers and state-owned textile factories, which are already suffering huge losses.

Egypt

Egypt seeks capital market boost with new futures exchange

Economists say the futures contracts exchange that was recently approved in Egypt will enhance the competitiveness of the Egyptian market in general, paving the way for launching a number of futures contracts and commodity exchanges.

Egypt

Road map for Iran-EU trade and investment relations

Europe is making efforts to set up a special purpose vehicle to uphold legitimate trade with Iran, but there is a need for a more comprehensive action plan for such trade and political relations.

United States

Politicians in Lebanon take aim at three key sectors to reduce record deficit

The Lebanese government is discussing economic reforms aimed at reducing the country’s budget deficit, a key condition to receive billions of dollars worth of foreign investments.

Lebanon

All eyes on Turkey's 3 biggest cities as local elections approach

Turks suffering under 20% inflation and 13.5% unemployment may punish President Erdogan's coalition in March 31 elections in the nation's three largest cities.

Turkey

Barzani: Russia key to settlement between Assad and Syrian Kurds

Manbij leaders prefer the United States, but would rather deal with Russia and Syria than Turkey; Amberin Zaman gets exclusive access to a prison for IS terrorists; did HTS force the resignation of a Syrian opposition leader?; Syrians protest Turkish truckers; Rouhani’s meeting with Sistani is "crowning achievement" of trip to Iraq.

Iraq

Trump officials warn more Iran sanctions are coming

State and Treasury department experts today warned a roomful of businesspeople that trade that is legal now may not be in the near future.

Iraq

Iran's hard-liners praise Rouhani for boosting trade with Iraq

Iran's hard-liners are over the moon that President Rouhani is listening to their advice and capitalizing on Iraq as a key trade partner in the wake of reinstated US sanctions.

Iraq

Profiteering, smuggling push Iran to consider ‘electronic’ food stamps

Rampant profiteering and smuggling are forcing Iranian authorities to move toward a revamped system of direct subsidies for essential goods.

Iran

Turkish-Iranian trade disappoints big time

Turkish-Iranian trade has declined to its lowest level in nine years despite political rapprochement, a preferential trade agreement and the use of local currencies in economic ties.

Turkey

Syrian truckers fear for jobs as Turkish drivers cross border

Turkish trucks have been entering Syria through the recently opened Bab al-Salam crossing, to the protests of Syrian truckers and shippers.

Syria

Rouhani in Baghdad seeks outlets against US sanctions

Iranian president Hassan Rouhani is paying his first visit to Iraq with the hope of expanding economic relations to allow Iran to counter the tightening noose of US sanctions.

Iraq