Business

Tourism revenue scaled new peaks, jumping 11.7%
Morocco’s annual trade deficit shrinks by 7% in 2023
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Hafize Gaye Erkan
Turkey central bank chief steps down
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The GCC’s GDP growth is expected to moderately rebound to 2.7 in 2024
IMF lowers GCC region's 2023 growth estimate
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'Israelis are cancelling flights and planes are pretty empty'
Israel's El Al suspending South Africa route at end of March
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Growth is set to slow but tight supply could prevent a severe dip
Dubai's property boom shows signs of fizzling out
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An RAF Typhoon aircraft takes off to join the U.S.-led coalition from RAF Akrotiri to conduct air strikes against military targets in Yemen
Risk of EU prices rising, growth slowing from Red Sea attacks
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Core inflation was up 5.9% last year
Morocco's annual inflation dropped to 6.1% in 2023
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There are currently no investment banks in Ethiopia
Ethiopia opens up to foreign investment firms
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The situation in the Red Sea has led to a slowdown in Ukrainian agricultural exports in January
Red Sea crisis slowing farm exports from Ukraine
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The northern port of Trieste
Italian ports fear blow to business from Red Sea crisis
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NYK Line is the latest operator to cease traversing the Red Sea
Japan's NYK Line halts vessel transits in Red Sea
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A growing number of oil tankers are avoiding the region
More oil tankers steer clear of southern Red Sea
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The alternative route to Europe round the Cape of Good Hope could add around 9 days
QatarEnergy halts Red Sea LNG shipping
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The Suez Canal is a key source of scarce foreign currency for Egypt
Suez Canal revenues down 40% due to Houthi attacks
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Saudi Arabia was the biggest export market for Canada in the region in 2021
Saudi Arabia agreed with Canada to re-exchange trade delegations
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A man handles Lebanese pound bills at a currency exchange office in Beirut
Lebanon delays new FX platform due to tensions in south
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