Egyptian trade delegation visits Israel for first time in decade

Economic ties between Egypt and Israel seem to be on the right path amid growing cooperation in various fields.

Egypt

Egypt turns to Malaysia, Indonesia for vegetable oil amid food export bans

Amid a severe shortage and soaring local prices, Egypt is exerting efforts to resume imports of vegetable oil from Indonesia and Malaysia.

Egypt

World Bank official: Lebanon, Yemen, Syria most food-insecure in region

Many states across the Middle East and North Africa meet the criteria for food insecurity, experts said at a US Institute of Peace event.

Syria

World Bank approves $500 million loan to Egypt for food security

Egypt, like other countries in the region, is contending with food security and price increases related to the Russian invasion of Ukraine.

Egypt

Qatar partners with Meta on digital economy

Gulf states are working to increase the size of their digital economies.

Legacy: Gulf

Outrageous prices keep Lebanese from swimming

Many Lebanese have been complaining about high entrance fees to swimming pools and water resorts amid low salaries due to the local currency depreciation.

Lebanon

UAE to increase exports to countries in West Africa

The Emirates is one of the biggest investors in Africa. Turkey, Qatar and Israel have significant interests on the African continent as well.

Legacy: Gulf

Israel to build first solar plant on Bedouin land

A unique agreement with the State offers a Bedouin tribe in the south of Israel real ownership of its land, enabling it to rent out space for the construction of a giant solar plant.

Israel

Imports up pressure on Morocco’s foreign reserves

Energy and food imports alongside a growing trade deficit put pressure on Morocco’s foreign currency reserves.

North Africa

Gaza YouTuber scams million dollars, vanishes

Dozens of citizens in Gaza fell victim to the fraud of Palestinian YouTuber Jalal al-Najjar who collected one million US dollars and vanished.

Palestine

Islamic finance grows despite global economic turmoil

Legacy: Gulf

Ankara forces companies to sell hard currency as circle tightens

The Turkish government’s latest loan restriction may help the embattled lira recover to some extent, but not without the risk of damaging side effects.

Turkey