Trade

Amid crippling sanctions, Iran traders seek lifeline in Iraq
Middle East

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

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

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

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

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

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

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

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

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

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…
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