economic crisis

Lebanese president to hold consultations on new PM next week
Middle East

Lebanese president to hold consultations on new PM next week

BEIRUT (AP) — Lebanon’s President Michel Aoun has called for binding consultations with members of parliament next week to name…
Kuwait’s new crown prince is a security czar who shunned limelight
Middle East

Kuwait’s new crown prince is a security czar who shunned limelight

KUWAIT (Reuters) – Kuwait’s crown prince in waiting, Sheikh Meshal al-Ahmad al-Sabah, is a forceful figure who steered clear of…
Dubai builder of world’s tallest building to be liquidated
Middle East

Dubai builder of world’s tallest building to be liquidated

DUBAI, United Arab Emirates (AP) — The Dubai-based construction company that helped build the world’s tallest building and other engineering…
Egypt extends tourism stimulus, waives visa fees in 4 governorates until April
Business

Egypt extends tourism stimulus, waives visa fees in 4 governorates until April

Egypt’s cabinet approved on Wednesday the extension of several coronavirus-related exemptions and incentives, such as exempting tourists arriving in the…
Israeli leaders locked in budget battle as economic crisis deepens
Middle East

Israeli leaders locked in budget battle as economic crisis deepens

JERUSALEM (Reuters) — A stand-off between Prime Minister Benjamin Netanyahu and his main coalition partner over passage of Israel’s budget…
Lebanon’s foreign minister quits over lack of ‘will to reform’
Middle East

Lebanon’s foreign minister quits over lack of ‘will to reform’

BEIRUT (Reuters) – Lebanon’s Foreign Minister Nassif Hitti resigned on Monday over what he described as lack of political will…
Analysis: Often on brink, Lebanon headed toward collapse
Middle East

Analysis: Often on brink, Lebanon headed toward collapse

BEIRUT (AP) — Power cuts that last up to 20 hours a day. Mountains of trash spilling into streets. Long…
Lebanon swings between humor and tragedy as economy crumbles
Middle East

Lebanon swings between humor and tragedy as economy crumbles

The first signs of Lebanon’s coming collapse appeared when its banks started limiting withdrawals amid nationwide protests late last year.…
Major Beirut medical centre lays off hundreds as crisis bites
Middle East

Major Beirut medical centre lays off hundreds as crisis bites

BEIRUT (Reuters) – Zawqan Abdelkhalek, a nurse at the American University of Beirut’s (AUB) medical centre since 2012, was laid…
Hottest commodity in Lebanon’s economic chaos: The US dollar
Middle East

Hottest commodity in Lebanon’s economic chaos: The US dollar

BEIRUT (AP) — The lines snaked around the block. Then they swelled to fill the whole street, before they turned…
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