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Arab News: Economy

  • newChina’s waste import ban upends global recycling industry

    China’s waste import ban upends global recycling industry

    Author: AFPMon, 2018-01-22 03:00ID: 1516563104534613600BEIJING: For years China was the world’s top destination for recyclable trash, but a ban on certain imports has left nations scrambling to find new dumping grounds for growing piles of garbag…
    - 51 mins ago, 21 Jan 18, 2:32pm -
  • newWorld leaders gather in Davos for ‘unprecedented’ economic forum

    World leaders gather in Davos for ‘unprecedented’ economic forum

    Author: FRANK KANEMon, 2018-01-22 01:20ID: 1516562281504486800DUBAI: World leaders from business, politics, academia, the arts and media have begun the snowy journey up the Swiss Alps — by car, train or helicopter — to attend the 48th annual me…
    - 1 hour ago, 21 Jan 18, 2:20pm -
  • newPakistan economists urge action to tackle deficit

    Pakistan economists urge action to tackle deficit

    Author: KURSHID AHMEDSun, 2018-01-21 20:21ID: 1516561030424372500KARACHI: Top economists have called for tough policy measures to curb Pakistan’s current account deficit that include new taxes on imports.The deficit has reached $7.6 billion, or…
    - 1 hour ago, 21 Jan 18, 1:59pm -
  • newEgypt targets slew of government flotations

    Egypt targets slew of government flotations

    Author: ReutersSun, 2018-01-21 12:35ID: 1516560258404302500CAIRO: Egypt is looking to offer shares in eight to 10 state companies on the stock exchange over the next 18 months, Finance Minister Amr El-Garhy told Reuters on Sunday, as part of a driv…
    - 2 hours ago, 21 Jan 18, 1:45pm -
  • newIraq to sign gas deal with US firm for southern field

    Iraq to sign gas deal with US firm for southern field

    Author: AFPSun, 2018-01-21 21:12ID: 1516558738974158700BAGHDAD: Iraq will on Monday sign a memorandum of understanding with American energy company Orion to tap gas at an oil field in the south of the country, the petroleum ministry said.The Nahr…
    - 2 hours ago, 21 Jan 18, 1:19pm -
  • newAmazon’s automated grocery store of the future opens Monday

    Amazon’s automated grocery store of the future opens Monday

    Author: REUTERSSun, 2018-01-21 18:00ID: 1516547665572970000SEATTLE: Amazon.com Inc. will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dr…
    - 5 hours ago, 21 Jan 18, 10:14am -
  • newBritain must stay in European customs union, says business group CBI

    Britain must stay in European customs union, says business group CBI

    Author: REUTERSSun, 2018-01-21 17:23ID: 1516545134412713400LONDON, Jan 21 : Britain must stay in a comprehensive customs union with the European Union in order to preserve trade in its biggest markets after Brexit, the business lobby group CBI said…
    - 6 hours ago, 21 Jan 18, 9:32am -
  • newMinister comfortable with current prices as Oman favors new kind of deal

    Minister comfortable with current prices as Oman favors new kind of deal

    Author: ReutersSun, 2018-01-21 10:31ID: 1516520693920775900MUSCAT: Saudi Arabia’s energy minister urged global oil-producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than contin…
    - 13 hours ago, 21 Jan 18, 2:51am -
  • newChinese, Russians shore up Middle East tourism

    Chinese, Russians shore up Middle East tourism

    Author: AFPSun, 2018-01-21 06:11ID: 1516512748710365700MADRID: Chinese and Russian visitors boosted Middle Eastern tourism last year following a 2016 slump as Europeans gave the area a wide berth on security fears, according to the World Tourism Or…
    - 15 hours ago, 21 Jan 18, 12:40am -
  • newNew Mumbai metro will beat traffic, but at what cost?

    New Mumbai metro will beat traffic, but at what cost?

    Author: AFPSun, 2018-01-21 06:57ID: 1516507608530106400MUMBAI: A new underground metro is expected to ease the burden on Mumbai’s notoriously congested roads and railways, but not everybody in India’s sprawling financial capital is happy about…
    - 16 hours ago, 20 Jan 18, 11:12pm -

fDiIntelligence: Middle East & Africa

  • Israel mulls tax cuts after US unveils reforms
    Israel is contemplating further corporate tax cuts, despite already making several already, in order to remain competitive with the US. Erika Morphy reports.
    - 34 days ago, 18 Dec 17, 10:42am -
  • Rwanda and Ethiopia look to challenge Africa's FDI giants
    FDI in Africa is dominated by behemoth economies such as South Africa and Nigeria. However, hot on their heels are the likes of Rwanda and Ethiopia, which are looking to carve out niches in the tech and manufacturing sectors, respectively. Finbarr To…
    - 37 days ago, 15 Dec 17, 7:00am -
  • Iraq takes steps to rise from the rubble
    In the wake of a long and bloody campaign to drive out Islamic State, Iraq may now be looking at its greatest opportunity for recovery since the US-led invasion nearly 15 years ago. Natasha Turak reports. 
    - 38 days ago, 14 Dec 17, 7:01am -
  • The cobalt curse: supply risk and inequality in the DRC
    Investors lured by the Democratic Republic of Congo’s supplies of cobalt – an essential component of rechargeable batteries – must contend with political instability and a dangerously unregulated business environment, as Natasha Turak discovers…
    - 38 days ago, 14 Dec 17, 7:01am -
  • Trade Bank of Iraq chairman looks to finance Iraq's future
    Faisal Al Haimus, chairman of the Trade Bank of Iraq, the country's largest bank and the government’s primary vehicle for imports and trade, talks to Natasha Turak about the war-torn state's rebirth and moving away from a cash-based economy.
    - 38 days ago, 14 Dec 17, 7:01am -
  • Madagascar’s finance minister seeks partners in power
    Madagascar’s minister of finance, Vonintsalama Andriambololona, talks to Natasha Turak about the need for investment in power generation and how the country can make itself more competitive.
    - 38 days ago, 14 Dec 17, 7:01am -
  • Hilton plans for long African stay
    Hotel group Hilton is planning a major push into sub-Saharan Africa, which involves the opening of about 100 hotels over five years and includes conversions and new-builds in the mix. Wendy Atkins reports.
    - 38 days ago, 14 Dec 17, 7:01am -
  • Cities bid for blockchain supremacy
    Everyone wants to be a blockchain leader – but what does it take and which cities can make good on it? Erika Morphy reports.
    - 38 days ago, 14 Dec 17, 7:01am -
  • View from Middle East and Africa: a long-term plan for tourism
    The booming travel and tourism sector creates job, fuels growth and connects cultures. But it also gobbles up resources and creates waste – which is why tourist destinations must ensure their strategy is sustainable, says Mazdak Rafaty.
    - 38 days ago, 14 Dec 17, 7:00am -
  • Hopes high that Neom city project will diversify Saudi investment
    Saudi Arabia’s Neom city project is being hailed as a major plank of the country’s diversification programme. But details so far are light, and some parties worry political risk could still scupper hoped-for investment. Olivia Azadegan reports.
    - 38 days ago, 14 Dec 17, 7:00am -

Financial Times: Middle East Home

IBT: Middle East

The Economist: Middle East and Africa

  • Israel’s capital is badly run and out of cash

    Israel’s capital is badly run and out of cash

    EARLIER this year residents of Jerusalem woke up to find piles of rubbish strewn across roads, markets and other public spaces. Municipal workers striking against job cuts announced by the city had not simply stopped collecting refuse; they dumped…
    - 3 days ago, 18 Jan 18, 10:48am -
  • In South Africa, more people have loans than jobs

    In South Africa, more people have loans than jobs


    - 3 days ago, 18 Jan 18, 10:48am -
  • Tunisians are losing faith in the ballot box

    Tunisians are losing faith in the ballot box

    DESPITE his best efforts, when President Beji Caid Essebsi visited Ettadhamen (“solidarity”) on January 14th, he did not engender much harmony. Protests had broken out a week earlier across Tunisia, many of them in places like Ettadhamen, a wo…
    - 3 days ago, 18 Jan 18, 10:48am -
  • The regime in Syria is closing in on a rebel stronghold

    The regime in Syria is closing in on a rebel stronghold

    IN THE spring of 2015 the rebel takeover of Idlib province in north-western Syria seemed to signal the beginning of the end for President Bashar al-Assad. Yet Idlib’s fall may have saved him. Fearful of losing his close ally, Russia’s presiden…
    - 3 days ago, 18 Jan 18, 10:48am -
  • An army of worms is invading Africa

    An army of worms is invading Africa

    On Friday he ate a field of maizeAFRICA has been invaded on quiet wings. First they landed by ship in the west. Then they spread across the continent, wreaking havoc as they went. Now, two years later, the invaders are worrying officials in almos…
    - 3 days ago, 18 Jan 18, 10:48am -
  • A new levy is one step towards fixing Saudi Arabia’s fiscal woes
    MANY Saudis saw in the new year by posting photos of their Starbucks receipts on social media. On January 1st the kingdom imposed its first-ever value-added tax (VAT), a 5% levy meant to help close a yawning budget deficit. It covers most goods and s…
    - 10 days ago, 11 Jan 18, 10:50am -
  • As the protests fizzle, Iran and the West consider their next move

    As the protests fizzle, Iran and the West consider their next move

    ANGRY Iranians are still in the streets, but the widespread protests that have been rocking Iran appear to be fizzling out. Starting on December 28th, Iranians came out to complain about high prices, low wages and a lack of jobs. The interior mini…
    - 10 days ago, 11 Jan 18, 10:50am -
  • Anger over the Tunisian government’s belt-tightening spills over into unrest

    Anger over the Tunisian government’s belt-tightening spills over into unrest

    Peas, bread and airtime!ALMOST seven years to the day after they toppled a dictator, sparking the Arab spring, Tunisians are back on the streets. Since January 8th thousands of people have joined protests about economic hardship. There has been u…
    - 10 days ago, 11 Jan 18, 10:50am -
  • How war affects wildlife

    How war affects wildlife

    Pachyderms for peaceHUMANS bear the brunt of war. But other creatures get caught in the crossfire. During Mozambique’s bloody civil war from 1977 to 1992, giraffe and elephant herds in the Gorongosa national park shrank by more than 90%. Betwee…
    - 10 days ago, 11 Jan 18, 10:50am -
  • How 143 mentally ill South Africans were sent to their deaths

    How 143 mentally ill South Africans were sent to their deaths

    “MY DAUGHTER was the first to die,” says Maria Phehla, pulling her thin yellow jersey tight, as if to contain the grief consuming her birdlike frame. “It was a painful death.”It was also an untimely and needless one. Ms Phehla’s daughte…
    - 10 days ago, 11 Jan 18, 10:50am -

WSJ: Middle East

  • newTurkey Launches Airstrikes on Kurdish Targets in Syria
    Turkish jets began airstrikes on a Syrian Kurdish force allied with the U.S. in the fight against Islamic State, Turkey’s prime minister and Syrian Kurdish fighters said.
    - 15 hours ago, 21 Jan 18, 12:30am -
  • Administration Accelerating Israeli Embassy Move
    The Trump administration is accelerating efforts to move the U.S. Embassy in Israel from Tel Aviv to Jerusalem and has decided to retrofit an existing property to accommodate the new mission that will open next year, U.S. officials said.
    - 2 days ago, 19 Jan 18, 12:10pm -
  • U.S. Scales Back Plan to Create Syria Border Force After Turkey Objects
    The U.S. military is swiftly backtracking from plans to build a 30,000-person border force in Syria after the proposal triggered a new diplomatic showdown with Turkey.
    - 2 days ago, 19 Jan 18, 11:03am -
  • U.S. Border Plan in Syria Fuels Tensions With Turkey
    A U.S. plan to turn its Syrian Kurdish allies into a semi-professional border force is stoking new tensions with NATO ally Turkey, which threatened Wednesday to launch an attack on Kurdish areas of northern Syria.
    - 4 days ago, 18 Jan 18, 2:57am -
  • U.S. Strategic Shift in Syria Turns Focus to Iran From ISIS
    The U.S. will turn its focus in Syria to reducing Iranian influence there, Secretary of State Rex Tillerson said in a policy speech Wednesday marking a shift in U.S. strategy in Syria away from the Islamic State.
    - 4 days ago, 17 Jan 18, 6:27pm -
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