Economy and trade

Egypt braces for spillover from Turkey’s economic crisis

With the Turkish lira hitting a new low against the dollar and Jordan freezing its free trade agreement with Ankara, will Egypt take revenge on Turkey by imposing duties on Turkish imports?

Egypt

Rapid spread of gas stations fuels controversy in Gaza

Gas stations are increasingly being invested in under the degenerating economic and humanitarian situation in the Gaza Strip, pointing at conflicting interests between Gaza’s Ministry of Finance and Planning and the Ministry of Local Government.

Palestine

Iran could become collateral damage of OPEC decision

If OPEC decides this month to increase oil output, it will probably be the result of a simple economic decision and not any desire by Riyadh and Moscow to cater to the United States.

Saudi Arabia

How foreign investors force Ankara to toe the line

With nearly $700 billion in various assets in Turkey, foreign investors represent a crucial factor of pressure on Ankara's economic policies.

Turkey

West Bank city becomes shopper's paradise for Palestinians living in Israel

Impressive numbers of Palestinians in Israel are crossing the Green Line destined for shopping and eating in the West Bank city of Jenin.

Palestine

Egypt expands law granting domestic products preference

Egypt’s parliament has approved amendments to a law that gives preference to domestic products instead of imported ones in government contracts, drawing mixed reactions from local experts.

Egypt

Turkish exports to Syria revived under shadow of war

Turkey remains Syria's leading supplier of goods despite the ongoing war, with exports standing at some $1.4 billion last year.

Syria

Russia finds navigating new development tricky in Syria

Syria is slowly being seen less as a military liability and more as an investment opportunity, though there are still many potential challenges.

Syria

Iran’s insurance industry braces for impact of US sanctions

As Iran’s insurance industry awaits the re-imposition of US nuclear-related sanctions, the sector is this time better prepared for external restrictions.

Iran

Can Palestine be transformed into investment hub?

Foreign investments in Palestine accounted in 2017 for $1.5 billion, mostly in the tourism and banking sectors, with Palestine offering a range of encouraging incentives.

Palestine

Iran's outreach to India after US exit from nuclear deal faces obstacles

While Iran will likely receive political and trade support from the Indian government, Indian business with exposure to the United States will likely succumb to pressure from Washington.

United States

Turkey's steel wars heat up

While gearing up for countermeasures against US steel tariffs, Turkey faces a fresh challenge from regional steel producers who are increasingly targeting its own market.

Turkey