Economy and trade

Egypt facilitates investment opportunities in Africa

The Egyptian government plans to create an investment risk insurance fund to encourage Egyptians to invest more in the African continent and to help strengthen and deepen relations with African nations.

Egypt

PA, Turkey closer than ever

The death of Saudi journalist Jamal Khashoggi seems to have strengthened Turkey's position in the regional competition with Saudi Arabia.

Saudi Arabia

Smuggling surges as US sanctions hit Iranian rial

The Rouhani administration may not be responsible for the US sanctions hitting the Iranian economy, but it is responsible for the damage caused by smuggling and other harmful activities resulting from misguided foreign exchange policies.

Iran

Turkey’s crisis-hit construction sector threatens big fallout

Once a driving force of economic growth, Turkey’s construction sector is among the first victims of the country’s economic turmoil, threatening a contagion effect on an array of other sectors.

Turkey

Syrian businessmen succeed in Turkey

Syrian businessmen continue to partner with Turks in Turkish enterprises, even though such Turkish sponsorship is no longer required by law.

Syria

Egypt to bridge 4% of budget deficit through elections

Egypt’s National Elections Commission is set to impose a fine on Egyptians who did not take part in the March 2018 presidential elections.

Egypt

How Palestinian exports of $1 billion impact trade deficit

Governmental and nongovernmental parties in Palestine are trying to support the export sector in a bid to reduce the trade deficit and dependency on the Israeli economy.

Palestine

Putin, Sisi take Russia-Egypt relations to 'strategic level'

Moscow and Cairo signed a strategic cooperation agreement that is supposed to open new venues for bilateral relations in the military, political and cultural domains.

Egypt

Why Iran must seriously act to address rent seeking

While the top elites of the Islamic Republic are recognizing the need to address mismanagement of the Iranian economy, the core issue remains the rent seeking that is thwarting genuine reform.

Iran

Iran hedges bets on EU, China with focus on trade with neighbors

Beyond engaging with Europe and major global trading partners such as China, Iran is looking to its neighbors to blunt the impact of US sanctions.

Iran

Ongoing blockade will cause Gaza to explode in the face of Israel, Hamas warns

Employees are being laid off and shops are closing down in the cash-strapped Gaza Strip, while the World Bank warns that the economy is collapsing after a decadelong blockade.

Palestine

Ankara pins electoral hopes on ignoring economic realities

The Turkish government’s vacillations and zigzagging in the face of the country’s economic woes reflect how squeezed it has become economically and politically and how concerned it is about it with elections scheduled for March.

Turkey