Business

Egypt is the world’s largest importer of wheat, mainly from Russia and Ukraine
Egypt's central bank raises interest rates
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The deal is set to boost Morocco's vital tourism sector
Morocco, Ryanair agree to launch 37 routes to European hubs
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The mining sector grew by about 78% in 2021
Tunisia's economy grew 3.1% in 2021
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Morocco is one of the leading countries in the world in producing renewable energy
Israel’s Marom Energy acquires 30% of Morocco’s Gaia Energy
Saad Guerraoui
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The dollar was trading at around 560 pounds on the parallel market
Sudanese pound devalued by 19%
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flydubai
FlyDubai reports $229 million profit for 2021
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Brent crude, the international pricing standard, hit $139.13 per barrel before falling back
Oil price jumps $10 a barrel
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Participants discussed how the FTA has helped to increase trade opportunities between the US and Morocco
Greene says Morocco’s economic opportunities draw US businessmen
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Turkish consumers have been hit with rising prices following a series of interest rate cuts last year that triggered a currency crisis
Turkey's inflation surges to 54%
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Saudi Arabia has the most spare capacity, followed by Iran and then the UAE
OPEC+ weighs oil output
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The decision is one of the first reported instances of a bank in the Middle East halting ties to Russia
UAE's Mashreqbank stops lending to Russian banks
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The counter-offensive is the latest salvo in a months-old contractual and safety dispute between Airbus and Qatar Airways
Airbus in counter-offensive against Qatar Airways
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United Arab Emirates carrier Flydubai
Flydubai cancels some flights to Russia until March 8
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The largest share of traffic to Dubai came from India
Dubai airport retains top place as busiest for global travel
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Wafa Telecom will offer customers a discount rate of up to 50% until the number of its subscribers reaches 3 million
Syria awards license to third cellular operator
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Egypt was one of the few emerging market economies to grow in 2020
Egypt's economy grew 8.3% in Q2 of fiscal year
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