Category: Free Market
New energy deal will deliver Turkish gas to Syria
Turkey has agreed to supply war-torn Syria with gas in June under a new energy deal, according to Asharq Al-Awsat via Reuters on May 22nd. [more…]
Syria eyes recovery as country prepares to receive gas from Turkey
Syria will begin receiving gas from Turkey next month, as the two nations are looking to set up a gas pipeline which will connect them, [more…]
Only dozens attend Tunisian Jewish pilgrimage amid security fears
Only roughly 30 people attended this year’s annual Jewish pilgrimage to the Ghriba synagogue in the Tunisian island of Djerba on May 15th, Al-Monitor via [more…]
Sharp rise in water prices hits Port Sudan following attacks
A sharp rise in water prices has followed a series of aerial attacks on the Sudanese city of Port Sudan, leaving the city in crisis. [more…]
Water prices are rocketing following Port Sudan attacks
Following six days of drone attacks on the Sudanese city of Port Sudan, a huge rise in the cost of water is one of the [more…]
Syrians rejoice as Trump says US sanctions will be dropped
Donald Trump, the president of the US, declared on May 13th that his nation’s sanctions on Syria will be removed, prompting the Syrian people to [more…]
Libya and US in talks over sharing frozen funds worth billions
The US and Libya have engaged in negotiations about sharing billions of dollars in frozen state assets of Libya, if the US tries to release [more…]
Trump orders 100% tariff on foreign-made films
US President Donald Trump has confirmed that he is ordering a 100% tariff on all foreign-made films, The National via Reuters reported on May 5th. [more…]
Oman aims for $10bn in foreign tourism investment
Oman is targeting an additional $10 billion in foreign investment to boost its tourism sector as part of its long-term economic diversification under Vision 2040. [more…]
Morocco’s King approves major rail expansion worth $10b
Morocco’s King Mohammed VI has approved a major rail expansion plan worth 96 billion dirhams ($10.3 billion) on April 24th, Middle East Monitor via Reuters [more…]
Lebanon secures increased World Bank loan of $400m
Lebanon has secured an increased World Bank loan for reconstruction work, the Finance Minister Yassine Jaber revealed, Al-Monitor via Reuters reported on April 23rd. The [more…]
Morocco green lights plan for rail expansion worth $10b
King Mohammed VI of Morocco gave the green light for a $10.3 billion rail expansion plan, which includes a high-speed line to Marrakesh being constructed, [more…]
Lebanon gets initial okay for $400m World Bank loan
The Lebanese Finance Minister declared that his nation has got the initial green light to increase a World Bank loan for reconstruction from $250 million [more…]
Maldives officially bans Israeli entry into the country
The Maldives has officially prohibited Israelis from entering the republic in protest against Israel’s ongoing war on Gaza, the Middle East Eye reported on April [more…]
Maldives prohibits Israelis from entering republic
The Maldives has declared that it is barring Israelis from entering the republic, as an expression of solidarity with Palestinians, the Middle East Eye via [more…]
Bangladesh reintroduces restriction on citizens visiting Israel
Bangladesh has decided to reintroduce the “except Israel” travel restriction note on its passports, once again formally banning its citizens from travelling to the country, [more…]
Bangladesh launches ban on citizens visiting Israel
Bangladesh has reinstated a note on passports that says “except Israel,” according to local media, which would in effect, prohibit the country’s citizens from going [more…]
Middle East businesses get ready for impact of US tariffs
Businesses in the Middle East are getting ready for higher costs and price hikes despite analysts predictions that they will experience smaller direct impacts in [more…]
Ex-Lebanese central bank governor charged with embezzlement
A Lebanese judge has formally initiated criminal proceedings against Lebanon’s former central bank governor Riad Salameh, charging him with the embezzlement of $44 million of [more…]
US and Congo are negotiating a minerals deal
The US and the Democratic Republic of Congo are negotiating a minerals deal in the resource rich central African nation, according to a senior US [more…]
