Economy and trade

Israeli ministers fast-track deepening of ties with Morocco

Defense Minister Benny Gantz, Regional Cooperation Minister Issawi Freij and Justice Minister Gideon Saar are only a few of the Israeli ministers and senior officials who have visited Morocco recently.

Israel

Family of man who held up Beirut bank stages protest

Bassam al-Sheikh Hussein took hostages at gunpoint to get his own money out of the bank. Many Lebanese, who are unable to access their savings amid the economic crisis, called him a hero.

Lebanon

After Hamas sits out latest conflict, Israel expands Gaza economic relief

Now that its miltiary operation has ended, Israel is continuing and expanding measures that will help Gaza’s economy grow.

Israel

Here's how the latest US rate hike will impact Egypt's economy

A stronger US dollar will inevitably drive higher import costs, and subsequently prices, in the most populous Arab country, yet could eventually provide a boost to the local currency with an increase in exports.

Egypt

Iran uses cryptocurrency for import order

After originally cracking down on cryptocurrencies, which have the potential to help evade sanctions, Iranian authorities later decided to authorize them for imports.

Iran

Egypt creates independent fund for Suez Canal

Egypt has established a new fund for the Suez Canal manage its own revenues independently.

Egypt

Egypt-China ties strengthen with recent deals

China is also getting closer to Saudi Arabia, Iran and other countries in the region, primarily through economic cooperation.

Egypt

Russia-Ukraine war leaves Hamas in financial crisis

The fragile Palestinian economy in the Gaza Strip has been largely affected by the Russian-Ukrainian war, which has caused price hikes and an increase in taxes.

Palestine

Lavender ecotourism throws lifeline to rural Lebanese villages

As Lebanon experiences a tourism hike this summer, rural villages and attractions hope to draw tourists away from the capital with the help of ecotourism companies. A day spent discovering lavender in the south is one example.

Lebanon

Netanyahu slams Lapid over Israeli inflation spike

Opposition head Benjamin Netanyahu believes the high cost of living is where he can turn Israeli citizens against Prime Minister Yair Lapid and his government.

Israel

World Bank blames Lebanon for 'deliberate' economic crisis

The World Bank accused Lebanon’s elites of conducting “Ponzi finance” and deliberately pursuing harmful fiscal policies. Meanwhile, the Beirut port has caught fire again.

Lebanon

Israel's ultra-Orthodox entrepreneurs ignore internet taboos

The leadership of the ultra-Orthodox communities in Israel are against the internet, but more and more ultra-Orthodox businesses find ways to be part of the digital arena.

Israel