Trade
Turkey bans polyethylene plastic imports
Middle East
May 19, 2021
Turkey bans polyethylene plastic imports
ISTANBUL (AP) — Turkey has banned the importation of ethylene polymer plastic waste as environmental groups sound the alarm on…
Biden administration approved $735 million arms sale to Israel – sources
Middle East
May 18, 2021
Biden administration approved $735 million arms sale to Israel – sources
President Joe Biden’s administration approved the potential sale of $735 million in precision-guided weapons to Israel, and congressional sources said…
Egypt’s foreign reserves increase to US$40.3 billion at end of April
Business
May 6, 2021
Egypt’s foreign reserves increase to US$40.3 billion at end of April
The Central Bank of Egypt (CBE) said on Thursday that the country’s net foreign reserves increased to US$40.3 billion at…
EU-China investment deal put on ice over sanctions
World
May 5, 2021
EU-China investment deal put on ice over sanctions
A diplomatic spat between the European Union and China has jeopardized a major investment agreement, officials said on Tuesday. EU Commission Vice President…
US fines German software company SAP $8M over Iran sanctions
Middle East
April 30, 2021
US fines German software company SAP $8M over Iran sanctions
US prosecutors said Thursday that German software giant SAP will pay more than $8 million in penalties in acknowledging that…
Blinken says Turkey, others, should refrain from new purchases of Russian weapons
Middle East
April 29, 2021
Blinken says Turkey, others, should refrain from new purchases of Russian weapons
US Secretary of State Antony Blinken said Turkey and all US allies on Wednesday should refrain from making further purchases…
Lebanon asks S.Arabia to reconsider ban on its produce
Middle East
April 26, 2021
Lebanon asks S.Arabia to reconsider ban on its produce
Lebanon said on Monday it hoped Saudi Arabia would reconsider a ban on its produce imposed over what Riyadh called…
Erdogan replaces Turkish trade minister, forms two new ministries
Middle East
April 21, 2021
Erdogan replaces Turkish trade minister, forms two new ministries
President Tayyip Erdogan appointed a prominent member of Turkey’s ruling AK Party, Mehmet Mus, as trade minister on Wednesday and…
Egypt’s imports from top 5 importing countries decline to US$2.4 bn in early 2021: CAPMAS
Business
April 16, 2021
Egypt’s imports from top 5 importing countries decline to US$2.4 bn in early 2021: CAPMAS
Egypt’s imports from its top five importing countries recorded a decline to about US$2.4 billion in early 2021, compared to…
Biden administration proceeding with $23 billion weapon sales to UAE
Middle East
April 14, 2021
Biden administration proceeding with $23 billion weapon sales to UAE
WASHINGTON (Reuters) – US President Joe Biden’s administration has told Congress it is proceeding with more than $23 billion in…