Middle East countries must do more to recover, say IMF event panelists

While oil producing countries are projected to benefit from a windfall due to high energy prices, for others the coming years "will be more challenging than ever."

Legacy: Gulf

UAE warns against underinvestment in oil, gas at Abu Dhabi conference

The Abu Dhabi International Petroleum Exhibition and Conference also features more focus on decarbonization and hydrogen.

Legacy: Gulf

Lebanon’s Vinifest returns as local wineries face uncertain future

The Middle East’s biggest wine industry showcase returns for its 13th edition with its first full physical event in three years, amid Lebanon's harsh economic conditions.

Lebanon

IMF loan unlikely to save Tunisia's economy

Funds from the global lender of last resort may be too little, too late.

North Africa

Saudi Arabia to hold green forums in conjunction with COP27

Saudi Arabia will hold in November the second editions of the Middle East Green Initiative and Saudi Green Initiative summits in Sharm el-Sheikh, on the sidelines of the COP27, in what reflects the growing interest of regional countries to address the effects of climate change.

Egypt

Saudi prince to retain stake in Twitter after Musk takeover

Prince Alwaleed previously criticized Elon Musk’s plan to buy the social media giant, but later changed his tune.

Legacy: Gulf

Tehran's stock exchange set to decline further amid ongoing unrest  

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Israel to work with France against money laundering, terror financing

The memorandum of understanding signed last week between Israel and France is just part of the very extensive battle championed by Israel’s Money Laundering and Terror Financing Prohibition Authority against criminal money laundering and financing of terror activities.

Israel

Lebanon’s worsening health sector leaves patients suffering

Lebanon's health-care sector is fighting for survival amid an economic collapse, with the lives of patients at risk as critical care facilities have been falling apart and for the majority of the population affording essential medicine has become a luxury.

Lebanon

Egyptian pound plummets after interest rate hike, exchange rate change

Egypt is contending with high inflation as the central bank continues to look for a way out of the current crisis.

Egypt

Israeli autonomous driving firm goes public

Mobileye’s stock rose on its first day trading on Nasdaq. 

Israel

Egypt seeks new agriculture, food security cooperation with Africa

The Russian war on Ukraine opened a new door for cooperation between Egypt and African countries, especially in the field of agriculture and food security.

Egypt