Doha Bank releases 2021 profits

The Qatari bank reported a slight increase in profits compared to 2020, though it experienced a loss in its amount of total assets.

By AL-MONITOR Staff

Iraq receives 145% more foreign visitors in 2021

Iraq waived the visa requirements for citizens of many economically powerful countries last year in a bid to attract tourists and businesspeople.

News Brief

Popular anger simmers in Turkey over ballooning electricity bills

Electricity bills have doubled and even tripled in Turkey after massive price hikes, fueling frustration with Erdogan’s economic management.

Turkey

Turkish unemployment down at end of 2021

Turkey is in the midst of an economic crisis, marked by historically high inflation. The government has misled the public with its unemployment figures in the past.

By AL-MONITOR Staff

Egypt plans to export gas to Lebanon by end of February

While Egypt stresses that the route is open for gas exports to Lebanon, two prominent members of the US Congress have called on the Biden administration to reconsider its support for the energy deal between Egypt, Jordan, Syria and Lebanon.

Egypt

Saudi Arabia building support for Expo 2030 bid

The kingdom wants to host the international cultural forum, which is currently being held in Dubai.

News Brief

World Bank report notes improvement Palestinian digital economy

The DC-based institution’s report also said that Israeli restrictions and the Palestinian legal framework are impeding further development in the West Bank and Gaza Strip.

Palestine

First Abu Dhabi Bank seeks to buy Egyptian financial firm EFG Hermes

Merger and acquisition activity rose dramatically in Egypt in 2021.

By AL-MONITOR Staff

Report: Israel central bank leader not concerned about inflation

Andrew Abir discussed interest rates, Israel’s high cost of living, foreign currency purchases and more with the Israeli media outlet Globes.

By AL-MONITOR Staff

Turkey’s food delivery couriers latest to strike amid economic crisis

A spate of industrial action from courier drivers comes as they step into an important gap created by COVID isolation.

Turkey

Bread crisis looms in Syria amid low wheat production

The bread crisis in Syrian regime areas is expected to become worse in the next few months due to drought and its subsequent impact on wheat crop production.

Syria