Economy and trade

Will the PA be able to invest in Area C?

Palestinian Prime Minister Rami Hamdallah demanded that the Palestinian Authority be allowed to invest in Area C, considering it a way to achieve development, create jobs and increase the Palestinians' GDP.

Palestine

How will Basra be affected by the closure of US consulate?

Officials and experts in the city of Basra warn of the massive negative effects on the city following the US State Department's decision to close its consulate there.

Iraq

Europe’s big eggs in Turkey’s economic basket

Economic concerns lie at the heart of Turkey’s moves to repair ties with European countries, which, in turn, are open to Ankara’s overtures due to the significant stakes they have in the ailing Turkish economy.

Turkey

“Made in Jordan”: Are consumers buying it?

The “Made in Jordan” campaign has been trying to instill a sense of pride in locally produced goods with the long-term goals of boosting industry and decreasing unemployment.

Jordan

Consumer prices dropping in Iran as currency regains value

Consumer prices are reportedly dropping in Iran after a period of untamed jumps rarely seen in the country's recent history.

Iran

How Iran’s quasi-state firms intensify currency crisis

The clash between the Rouhani administration and Iranian petrochemical companies over foreign currency earnings is another chapter in the battle between the government and quasi-state actors.

Iran

Egyptian MPs visit Ireland to boost economic ties

An Egyptian delegation visited Ireland to boost economic relations between the two countries, while focusing on the exchange of expertise in the field of livestock.

Egypt

Turkey steps up ties with Palestinian Authority

Turkey and the Palestinian Authority have signed new agreements, indicating Ankara intends to broaden official dealings with the PA, but limit its financial assistance to the Gaza Strip to relief agencies.

Palestine

Iranians mob money changers to sell dollars as rial jumps

Iranians rushed to money changers in several cities to sell their "home-kept" dollars as their national currency started to regain value.

Iran

How the Rouhani administration can contain excess liquidity

In the absence of genuine reforms that will allow the adoption of more prudent fiscal, monetary and foreign currency policies, the Iranian economy will remain structurally crisis-ridden.

Iran

Egypt’s stock market faces fluctuations over manipulation case

A move to charge prominent investors, including sons of former President Hosni Mubarak, with stock market violations, has rattled the Egyptian Exchange, which was already on edge due to US trade policies and rising interest rates.

Egypt

Palestinian Authority, Jordan work to boost economic ties

Palestinian and Jordanian ministers plan to hold intensive meetings in the next few months to tackle several issues related to joint trade cooperation between the two countries.

Palestine