Trade
Amid crippling sanctions, Iran traders seek lifeline in Iraq
Middle East
January 21, 2021
Amid crippling sanctions, Iran traders seek lifeline in Iraq
DOHUK, Iraq (AP) — Piles of plush carpets line the floors of a northern Iraq shopping center hosting traders from…
Egypt, Qatar officially restore diplomatic relations
Egypt
January 20, 2021
Egypt, Qatar officially restore diplomatic relations
The Egyptian Foreign Ministry announced on Wednesday that Cairo and Doha have exchanged two official memoranda, according to which the…
China’s Genex Pharmaceutical signs agreement with vaccine giants to produce new coronavirus test in Middle East
Business
January 15, 2021
China’s Genex Pharmaceutical signs agreement with vaccine giants to produce new coronavirus test in Middle East
The Chinese Genex Pharmaceutical company on Thursday inked a cooperation protocol with two of the world’s largest manufacturers of vaccines, serums,…
Land of wine and honey? Israeli settlers export to UAE, to Palestinian chagrin
Middle East
January 14, 2021
Land of wine and honey? Israeli settlers export to UAE, to Palestinian chagrin
REHELIM, West Bank/DUBAI (Reuters) – Wine produced in an Israeli settlement in the occupied West Bank and labelled “from the…
Ship insurers primed to raise rates after Red Sea attacks
Middle East
January 14, 2021
Ship insurers primed to raise rates after Red Sea attacks
LONDON (Reuters) – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea…
Gold prices decline in Egyptian market by LE3 on Thursday
Egypt
January 14, 2021
Gold prices decline in Egyptian market by LE3 on Thursday
Gold prices declined in Egypt on Thursday, with the price of 21-karat (the market’s highest selling gold) falling by LE3…
European firms unprepared for US-China breakup
World
January 14, 2021
European firms unprepared for US-China breakup
Washington and China have been engaged in a trade and technology war since 2018, with both sides looking to reduce…
Suez, Zeitiyat, and Nuweiba ports shut down as wind whips across Egypt
Egypt
January 13, 2021
Suez, Zeitiyat, and Nuweiba ports shut down as wind whips across Egypt
The Red Sea Port Authority on Wednesday closed the Suez and Zeitiyat ports in the Suez Governorate and Nuweiba port…
Qatar Airways flight lands in Saudi Arabia for 1st time in years
Middle East
January 12, 2021
Qatar Airways flight lands in Saudi Arabia for 1st time in years
A passenger plane flew from Qatar to Saudi Arabia on Monday, making it the first direct flight between the two Gulf states…
Bahrain says it will open airspace to Qatar from Monday
Middle East
January 11, 2021
Bahrain says it will open airspace to Qatar from Monday
DUBAI (Reuters) – Bahrain will open its airspace to Qatar as of January 11, the civil aviation affairs authority said…