Israel bans Palestinian agricultural exports

Palestinian Agriculture Minister Riyal al-Attari said on Saturday that Israel has escalated a trade war with the Palestinians by stopping their agricultural exports through...

Amid airport closure, Lebanon banks halt dollar withdrawals

On Monday, long queues formed outside several banks north of the capital as monthly salaries came through after two weeks of ongoing home confinement. A...

Algeria’s public debt rises to 45% of GDP

Algeria has been under financial pressure after a fall in energy earnings and foreign exchange reserves amid growing demands from the country's 43 million...

A reduction in automobile fuel subsidies amid economic crisis in Syria

In the latest government measure to tackle a deepening economic crisis, Syria's oil and mineral resources ministry announced Saturday a reduction in automobile fuel...

Trade minister replaced amid economic crisis – Syrian government

Syria’s economy has been ravaged by nine years of war and western sanctions. Syrian President Bashar Assad replaced Monday the internal trade minister as the...

A blow in the nerves of Asian markets after China Virus-outbreaks

Asian markets witnessed lower rates on Friday upon the rapid spread of a viral illness in China. The Coronavirus infection has killed at least 25...

Saudi and Russian delegates to hold business forum in Moscow

A high-profile business conference hosting Russian and Saudi delegates will begin this week in Moscow, Arab News reported on Tuesday. The governor of the Saudi...

Oil price slump to start affecting Saudi banks

The impact of lower oil prices will soon start to weigh on Saudi Arabia’s banks, which are likely to see bad loans edge higher...

Coronavirus outbreak could slow the global economy

Shares tumbled in Asia on Thursday as concern over the impact of the virus outbreak in China deepened. Shares also retreated in India and Southeast...

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...

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