economy
Turkey sees lower growth, double-digit inflation in next years
Middle East
September 20, 2018
Turkey sees lower growth, double-digit inflation in next years
Turkey, which was last month buffeted by its worst currency crisis in recent years, on Thursday forecast sharply lower…
OPEC chief: Cartel must stay together as US sanctions Iran
Middle East
September 18, 2018
OPEC chief: Cartel must stay together as US sanctions Iran
FUJAIRAH, United Arab Emirates (AP) — OPEC must stick together for the good of the global economy as founding…
Saudi sovereign wealth fund takes $11B in its first loan
Middle East
September 17, 2018
Saudi sovereign wealth fund takes $11B in its first loan
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s sovereign wealth fund says it has taken its first loan, a…
A year after US sanctions ended, Sudan’s economy unravels
Middle East
September 17, 2018
A year after US sanctions ended, Sudan’s economy unravels
KHARTOUM (Reuters) – For 22 years Mohamed Mahmoud deposited his law practice’s cash in a bank near his Khartoum…
UN bemoans unsustainable Palestinian economy
Middle East
September 13, 2018
UN bemoans unsustainable Palestinian economy
GENEVA (Reuters) – Palestinian citizens are trapped in an economy of jobless growth with no prospects, especially in Gaza,…
Egypt’s annual inflation fell to 13.6 % in August: CAPMAS
Business
September 11, 2018
Egypt’s annual inflation fell to 13.6 % in August: CAPMAS
Egypt’s monthly inflation rate was recorded at 1.7 percent in August, compared with 2.5 percent in July, while its…
Turkey’s economy grows 5.2 percent in second quarter, set to slow down
Middle East
September 10, 2018
Turkey’s economy grows 5.2 percent in second quarter, set to slow down
ISTANBUL (Reuters) – The Turkish economy grew 5.2 percent year-on-year in the second quarter, data official showed on Monday,…
Lebanon in ‘intensive care’ and economy ‘very dangerous’, says parliament speaker
Middle East
September 5, 2018
Lebanon in ‘intensive care’ and economy ‘very dangerous’, says parliament speaker
BEIRUT (Reuters) – Lebanon’s Parliament Speaker said on Wednesday the country was in “intensive care” and the economic situation…
Times are a-changin’ in London where contactless is king
Business
September 5, 2018
Times are a-changin’ in London where contactless is king
For centuries, London has sustained a street-level economy where performers and vendors make a living from the spare change…
Turkey’s Albayrak says central bank independent, sees no crisis in banking sector
Middle East
September 3, 2018
Turkey’s Albayrak says central bank independent, sees no crisis in banking sector
ISTANBUL (Reuters) – Turkey’s central bank is independent of government and will take all necessary steps to combat inflation, Finance…