economy

Fuel shortage, price hikes squeeze protest-hit Lebanon
Middle East

Fuel shortage, price hikes squeeze protest-hit Lebanon

A rationing of dollars by banks in protest-hit Lebanon sparked growing alarm on Saturday as some petrol pumps ran dry…
Lebanese banks face threats, Hariri said to want neutral government
Middle East

Lebanese banks face threats, Hariri said to want neutral government

BEIRUT (Reuters) – Lebanese bank staff are facing abuse from customers angered by restrictions on access to their cash, the…
Xi pledges wider market access, free-trade deals
World

Xi pledges wider market access, free-trade deals

President Xi Jinping on Tuesday pledged to further open China’s economy, declaring the world must “knock down walls” as he…
Lebanese protesters get creative as they block roads
Middle East

Lebanese protesters get creative as they block roads

BEIRUT (AP) — On a main thoroughfare in Beirut on Monday, Lebanese protesters set up a living room with an…
Unemployment fuels unrest in Arab states: IMF
Middle East

Unemployment fuels unrest in Arab states: IMF

Unemployment and sluggish economic growth are fueling social tension and popular protests in several Arab countries, the International Monetary Fund…
Unemployment rate in Egypt at its lowest in 30 years: Infographics
Business

Unemployment rate in Egypt at its lowest in 30 years: Infographics

The unemployment rate in Egypt reached its lowest level in 30 years, at 7.5 percent in the second quarter of…
US dollar prices in Egypt decline at average of 2 piasters
Business

US dollar prices in Egypt decline at average of 2 piasters

US dollar prices declined against the Egyptian pound on Tuesday in several Egyptian banks at an average of two piasters,…
Trump threatens to ‘destroy’ Turkey’s economy with sanctions
Middle East

Trump threatens to ‘destroy’ Turkey’s economy with sanctions

WASHINGTON (AP) — Targeting Turkey’s economy, President Donald Trump announced sanctions aimed at restraining the Turks’ assault against Kurdish fighters…
Tunisia elects lawmakers to tackle economy, disappointment after uprising
Middle East

Tunisia elects lawmakers to tackle economy, disappointment after uprising

TUNIS (Reuters) – Tunisians voted for a new parliament on Sunday but quiet polling stations gave an indication of the…
US dollar maintains stable rates against Egyptian pound
Business

US dollar maintains stable rates against Egyptian pound

The US dollar maintained stable rates against the Egyptian pound on Saturday morning, with an average exchange rate of LE16.30.…
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