Oil prices in early Asian trade fell on Monday after Israel announced the conclusion of a series …
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Gaza blockade
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Editors' PicksFeatureMoneyNews
Repercussions of ongoing Israel’s war on Gaza catch up with its economy
by Aya Anwarby Aya AnwarIsrael’s war on Gaza may cause it to sell a near-record amount of bonds this year to …
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BanksFeatureFinancial InstitutionsInternational NewsMENA NewsNews
IMF: Red Sea shipping activity down 50% due to Gaza war
by Nada Aliby Nada AliShipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the …
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FeatureFinancial InstitutionsInternational NewsNews
IMF chief confident in economic outlook despite uncertainties
by Nada Aliby Nada AliInternational Monetary Fund’s (IMF) managing director Kristalina Georgieva expressed confidence on Sunday in the economic outlook despite …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Janap’s Itochu to terminate Israel’s Elbit pact over war on Gaza
by Aya Anwarby Aya AnwarThe aviation unit of Japan’s Itochu Corp will terminate its strategic co-operation with Israel’s defence company Elbit …
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Egypt NewsFeatureNews
Egypt maintains customs exempts on Gaza humanitarian aid
by Nada Aliby Nada AliEgypt’s Minister of Finance said effective coordination continues as regards following up on procedures for exemption of …
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Featureforex newsInternational NewsMENA NewsNewsThe Watch
Oil prices fall amid Red Sea risks
by Nada Aliby Nada AliOil prices decreased globally as the OPEC member Libya resumed output of its largest field Sharara, bolstering …
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Airport traffic in Israel’s Tel Aviv dropped during the last three months of 2023 in light of …
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FeatureIndustry & TradeTech/AI
Alshaya Group reduces operations in Egyptian market
by Sama Mousaby Sama MousaKuwait’s Alshaya Group will reduce its operations in Egypt amid the ongoing economic situation, the group said …
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FeatureFinancial InstitutionsMENA NewsMoneyNews
War on Gaza to cost Israel 10% of GDP
by Sama Mousaby Sama MousaThe Israeli attacks on Palestinians in Gaza will cost around ten per cent of the Israeli Gross …