Turkmenistan and Afghanistan to lay new gas pipeline
Turkmenistan and Afghanistan have agreed to jointly launch the construction of a multi-billion dollar pipeline that will pump natural gas from Turkmenistan through Afghanistan,...
A steep oil prices crash amid virus fears
On Monday, Wall Street stocks fell 8 percent amid an oil price crash and worries about the rising economic toll from the Coronavirus epidemic.
Near...
Britain's FTSE falls back with Ashtead, travel stocks under pressure
Britain's top stock index retreated after hitting a three-week high earlier in Thursday's session, weighed down by Ashtead and travel stocks hit by rising...
Tadawul: Insurance stocks among the top gainers
Middle East stock markets moved little in modest trading volumes on Sunday as uncertainty over oil prices and the global market environment kept many...
Economy down 3% due to Coronavirus in Jordan
Jordan's cash-strapped economy is expected to contract around 3% in 2020 due to the impact of the Coronavirus, the finance minister said on Sunday.
The...
Fears of world food inflation due to Panic buying and lockdowns
A senior economist at United Nations' Food and Agriculture Organisation (FAO) and agricultural analysts stated that lockdowns and panic food buying could ignite world...
Debt payments cancellation for 25 poor nations – IMF
IMF Executive Director Kristalina Georgieva issued a statement saying the IMF executive board approved the immediate debt service relief for 19 African countries, Afghanistan,...
U.S. Secretary Kerry offers support to struggling Tunisia
U.S. Secretary of State John Kerry is in Tunisia for economic and security talks to show support for the North African nation's fledgling democracy.
Kerry...
Algerians are watching the collapse of oil prices with alarm
The economic impact of the Coronavirus pandemic, which has sent global demand for crude into tailspin, threatens to fling Algeria into a new crisis...
Lebanon rescue plan amid soaring Inflation, unemployment and poverty
Lebanon is seeking IMF help and wants to restructure around $90 billion in debt to tackle a fiscal crisis that has prompted a sovereign...
