economy

A year after US sanctions ended, Sudan’s economy unravels
Middle East

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

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

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

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

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

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

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…
Protests over Yemen’s weakening currency paralyze Aden
Middle East

Protests over Yemen’s weakening currency paralyze Aden

  Scores of demonstrators protesting against Yemen’s deteriorating economic situation and weakening currency blocked major roads and burned tires in…
Erdogan says commitment of all Turks needed to combat attacks on economy
Business

Erdogan says commitment of all Turks needed to combat attacks on economy

  The commitment and determination of Turks is the guarantee needed to combat attacks on Turkey’s economy, President Tayyip Erdogan…
Lebanese economy hammered by political crisis, debt
Middle East

Lebanese economy hammered by political crisis, debt

BEIRUT (AP) — Ahmad Harb opened his perfume shop on the main street of Beirut’s commercial Hamra district 35 years…
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