Trade

Vaccines are latest regional power play in the Middle East
Middle East

Vaccines are latest regional power play in the Middle East

Last week, Egypt announced that it had successfully manufactured its first million doses of a COVID-19 vaccine. It’s an important…
Saudi, UAE reach compromise to unlock more oil supply, says source
Middle East

Saudi, UAE reach compromise to unlock more oil supply, says source

DUBAI/LONDON, July 14 (Reuters) – Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy, an…
Egypt’s Suez canal records record revenues during 2020/ 21
Business

Egypt’s Suez canal records record revenues during 2020/ 21

Head of the Suez Canal Authority in Egypt Osama Rabie said that during the 2020/2021 fiscal year, the canal collected…
Government raises price of staple bread once more in Lebanon
Middle East

Government raises price of staple bread once more in Lebanon

BEIRUT (AP) — For the seventh time in a year, Lebanon’s economy ministry announced on Saturday new prices for bread,…
Can Europe escape Gazprom’s energy stranglehold?
World

Can Europe escape Gazprom’s energy stranglehold?

Trouble is brewing on the European gas market. In the wake of a long, cold winter, natural gas reservoirs are…
Saudi Arabia amends import rules from Gulf in challenge to UAE
Middle East

Saudi Arabia amends import rules from Gulf in challenge to UAE

DUBAI, July 5 (Reuters) – Saudi Arabia has amended its rules on imports from other Gulf Cooperation Council countries to…
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,…
Australia says it’s reached a free trade deal with Britain
World

Australia says it’s reached a free trade deal with Britain

CANBERRA, Australia (AP) — Britain and Australia have agreed on a free trade deal that will be released later Tuesday,…
Odds of settling US-EU trade rifts? Hope may outrun progress
World

Odds of settling US-EU trade rifts? Hope may outrun progress

WASHINGTON (AP) — President Joe Biden has vowed to mend America’s trade relations with its European allies, which were stretched…
US sells off Iranian crude oil seized off coast of UAE
Middle East

US sells off Iranian crude oil seized off coast of UAE

DUBAI, United Arab Emirates (AP) — The US has sold some two million barrels of Iranian crude oil after seizing…
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