Egypt private sector shrinks in November after devaluation
Egypt’s non-oil private sector shrank in November at its sharpest rate since the outbreak of the coronavirus pandemic in early 2020, with a weaker currency weighing on the cost and ...
OPEC+ keeps steady policy amid weakening economy, Russian oil cap
OPEC+ agreed to stick to its oil output targets at a meeting on Sunday as the oil markets struggle to assess the impact of a slowing Chinese economy on demand ...
Protesters storm governor’s office in southern Syrian city, gunfire heard
Dozens of demonstrators angry over worsening economic conditions in Syria stormed the governor’s office in the southern city of Sweida on Sunday and set fire to parts of the ...
Syria resisting Russia’s efforts to broker Turkey summit, sources say
Syria is resisting Russian efforts to broker a summit with Turkey’s President Tayyip Erdogan, three sources said on Friday, after more than a decade of bitter enmity since the ...
Syria Kurds halt all joint ops with U.S.-led coalition after Turkish attacks
The Syrian Democratic Forces, a U.S.-backed group that helped defeat Islamic State jihadists in Syria, has stopped all joint counter-terrorism operations as a result of Turkish bombardment on ...
Venezuelan oil exports flow using false documents, ships linked to Iran
When the supertanker Young Yong sailed to the Chinese port of Qingdao in September last year, it had quality certificates for its cargo stating it was transporting Malaysian crude oil, ...
Aramco discovers two new Saudi gas fields
Saudi Arabia’s energy minister said Saudi Aramco had discovered two new natural gas fields, Awtad and AlDahna, in the country’s eastern region, state news agency SPA reported on ...
Islamic State says its leader was killed, names successor
Islamic State (IS) militant leader Abu al-Hassan al-Hashemi al-Quraishi was killed in fighting, its spokesman said in an audio message posted on an affiliated Telegram channel, another heavy blow to ...
Iran sentences four to death for ‘cooperating’ with Israeli intelligence
Four people were sentenced to death on Wednesday by Iran’s judiciary for allegedly cooperating with the Israeli intelligence service and committing kidnappings, the semi-official Mehr news agency reported.
The ...
Egypt’s economic growth at 4.4 per cent in Q1 of FY 2022/23 – cabinet
Egypt posted economic growth at 4.4 per cent in Q1 of the fiscal year 2022/23, a cabinet statement said on Monday.
The unemployment rate rose slightly to 7.4 per cent in Q1 against 7.2 ...
No booze? No problem for most fans at Qatar World Cup
Fans at the almost alcohol-free World Cup are ready to pay high prices for a beer, a few have tried to smuggle booze into stadiums but most simply accept that ...
Three Palestinians killed amid series of deadly West Bank clashes
Israeli forces killed at least three Palestinians in the occupied West Bank on Tuesday, Palestinian officials said, in the latest in a months-long series of deadly clashes between security forces ...
Turkish forces nearly ready for a Syria ground operation
Turkey’s army needs just a few days to be ready for a ground incursion into northern Syria and such a decision may come at a cabinet meeting on Monday, ...
Egypt not out of the woods after IMF rescue deal
Egypt’s finances remain in a precarious state despite two major currency devaluations this year and a brand new $3 billion International Monetary Fund rescue package, economists say.
With debt interest ...
When in Rome do as the Romans do
Equality means that when in Qatar we do as the Qataris do
This World Cup 2022 is full of surprises not the least of them the choice of Qatar as the ...
Israel’s Ben-Gvir, in leaked audio, cautious on far-right agenda in government
A far-rightist on track to take a key post in Israel’s incoming government has warned supporters not to try to move too quickly with his agenda, cautioning in a ...
Pope urges Israelis, Palestinians, to seek dialogue after surge in violence
Pope Francis on Sunday urged Israeli and Palestinian authorities to make greater efforts to seek dialogue following recent deadly bomb attacks in Jerusalem and clashes in the occupied West Bank.
...
Beirut ‘neighbourhood watch’ echoes troubled past
By Tom Perry, Issam Abdallah and Timour Azhari
In the darkness of Beirut’s unlit streets, men wielding batons and torches are taking security into their own hands in an ...
Reality ends some Qatari dreams of World Cup rental bonanza
Qatar has found itself with an unexpected glut of rooms in the World Cup’s busy group stage, with online portals showing rooms in at least 42 hotels and Airbnb offering ...
Iran’s Khamenei praises Basij forces for confronting ‘rioters’
Supreme Leader Ayatollah Ali Khamenei said on Saturday Iran’s Basij militia forces have sacrificed their lives in what he called riots, the wave of protests sparked by the death ...
Oil up as markets weigh China demand concerns, Russia price cap uncertainty
Oil prices rose in Asia on Friday, despite thin market liquidity, after a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil.
...
Lebanon central bank says completed audit of gold on IMF request
Lebanon’s central bank has completed an audit of its gold reserves at the request of the International Monetary Fund that found the amount of gold in its vaults was ...
Nestle to invest $1.86 bln in Saudi Arabia over 10 years
Nestle (NESN.S) will invest 7 billion Saudi riyals ($1.86 billion) in Saudi Arabia over 10 years, the kingdom’s investment ministry said on Twitter on Wednesday.
The ministry added it signed a ...
Israeli carrier El Al moves to Q3 profit, revenue near pre-COVID level
El Al Israel Airlines (ELAL.TA) reported on Wednesday its second straight quarterly net profit, saying its revenue was almost on pace with pre-COVID pandemic levels.
Helped by a $38 million ...