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Business

  • Tourism in Israel
Israel had planned to reopen to tourists last spring but delayed the move amid a spike in COVID-19 cases
Israel welcomes solo tourists for first time since pandemic
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  • Saudi Economy
Falih said a car manufacturer will be announced before year-end
Saudi Arabia in talks with carmakers on plant plans
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  • World Bank
Egypt's post-pandemic recovery will aslo be supported by the Asian Infrastructure Investment Bank
World Bank approves $360 million loan for Egypt recovery
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  • Saudi-Pakistani ties
The latest development comes two days after PM Imran Khan returned from a visit to Saudi Arabia
Saudi Arabia to deposit $3 billion with Pakistan’s central bank
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  • Morocco-Algeria tension
Algeria is Spain's largest gas supplier
Algeria to end gas supplies to Morocco
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  • Saudi Economy
The National Infrastructure Fund will contribute to Saudi Arabia's plans to transform the economy and make it less reliant on oil revenue
Saudi Arabia launches national infrastructure fund
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  • Tourism in Egypt
Egyptian hotels had been running at 70% of capacity since July due to COVID-19 regulations
Egypt allows hotels to run at full capacity
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  • Turkish Lira
The lira dropped to 9.45 against the US dollar, compounding a long run of losses
Turkish lira plunges to new record low
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  • Tourism in Israel
The plan is subject to cabinet approval
Israel to readmit COVID-vaccinated foreign tourists next month
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  • Libyan oil
The majority of Libyan oil is exported to European markets
Libyan oil output has risen to 1.3 million bpd
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  • Morocco's economy
The Central Bank expects Morocco's economic recovery to continue
Morocco's economy set to grow by 6.2% in 2021
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  • DP World
A backlog of cargo
DP World warns of long shipping supply chain disruptions
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  • Gas market
Kaabi expressed his unhappiness about gas prices being high
Qatar can't help ease red hot gas market
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  • Invest in Dubai
Invest in Dubai
Dubai unveils PPP projects worth nearly $7 billion
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  • Bank Melli Iran
Bank Melli Iran is based in Hamburg
Germany’s BaFin bans Bank Melli Iran from issuing loans
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  • Turkish Lira
Turkish lira losing against the US dollar
Turkish lira leads FX losses ahead of US payrolls
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