economy

Jordan tribes, bedrock of monarchy, on edge as economy tanks
Middle East

Jordan tribes, bedrock of monarchy, on edge as economy tanks

KARAK, Jordan (AP) — Jordan has drawn a curtain of secrecy on the unprecedented public rift within its royal family,…
Egypt will be among world’s 10 largest economies in 2030: minister
Business

Egypt will be among world’s 10 largest economies in 2030: minister

On Wednesday, Egyptian Minister of Finance Mohammed Maait said that Egypt will join the world’s 10 largest economies in 2030,…
Oil to sustain surprise rally despite Iran, third COVID-19 wave threat
Middle East

Oil to sustain surprise rally despite Iran, third COVID-19 wave threat

June 30 (Reuters) – Who of the traditional bulls predicted a rally that saw oil prices doubling in the last…
Lebanon’s economic collapse bites hard in neglected north
Middle East

Lebanon’s economic collapse bites hard in neglected north

TRIPOLI, Lebanon, June 28 (Reuters) – Taha Riz has worked just three days in more than a month at his…
Riots in Lebanon over economy injure 10 soldiers, protesters
Middle East

Riots in Lebanon over economy injure 10 soldiers, protesters

BEIRUT (AP) — Lebanese troops deployed in the northern city of Tripoli early Sunday taking positions around major state institutions…
Egyptian economy continues growing, says Franklin Templeton group
Business

Egyptian economy continues growing, says Franklin Templeton group

Franklin Templeton, a global leader in asset management with 70 years of experience, said that the Egyptian economy has been…
Lebanon workers stage ​general strike over escalating crises
Middle East

Lebanon workers stage ​general strike over escalating crises

BEIRUT (AP) — Shops, government offices, businesses and banks shuttered their doors in Lebanon on Thursday, as part of a…
Enpact, TUI Care Foundation launch tourism recovery initiative in Egypt
Egypt

Enpact, TUI Care Foundation launch tourism recovery initiative in Egypt

The German non-profit organization enpact and the TUI Care Foundation have launched the Tourism Recovery Programme in Egypt, which aims…
Lebanon currency drops to new low as financial meltdown deepens
Middle East

Lebanon currency drops to new low as financial meltdown deepens

Lebanon’s currency crashed past a milestone on Sunday reaching a new low against the dollar, as the country’s financial meltdown…
Another jump in prices tightens the squeeze on US consumers
World

Another jump in prices tightens the squeeze on US consumers

WASHINGTON (AP) — American consumers absorbed another surge in prices in May — a 0.6% increase over April and five…
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