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Business

  • Lebanese pound
The 100,000 pound note formerly worth $67, is now worth just $2
Lebanese pound hits new record low to US dollar
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  • OCP Group
OCP Group is the world’s largest producer of phosphate-based fertilizers
OCP Group’s ESG performance keeps improving
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  • Masdar
Masdar city
UAE's Masdar to issue green finance framework within weeks
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  • OPEC+
Prince Faisal says Saudi Arabia is committed to the clean energy future
Saudi FM says oil price stability reflects correct OPEC+ policy
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  • Egyptian pound
The price of imports in Egyptian pounds will jump
Egypt's pound weakens by more than 13% to new low
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  • Inflation
Food prices increased by 4% on the average in December
Egypt's inflation soars
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  • Diriyah
Diriyah, a UNESCO World Heritage Site
Saudi Arabia includes Diriyah tourism project in PIF's portfolio
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  • Inflation
Market in Tunis
Tunisia's annual inflation rate soars to 10.1% in December
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  • Egyptian pound
The shift to a flexible exchange rate is affecting the Egyptian pound
Egyptian pound sees largest single-day fall since IMF deal
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  • Abraham accords
Just 1,600 Emirati citizens have visited Israel since it lifted coronavirus travel restrictions last year
Israel's hopes of luring Gulf Arab tourists fall short
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  • Turkey Inflation
The sharpest increases in annual prices were in the housing sector, at nearly 80%, followed by food and nonalcoholic drinks prices at 78%
Turkey inflation drops to 64% in December
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  • Syrian pound
The Syrian pound had traded at 47 to the dollar before anti-Assad protests in March 2011
Syria weakens official exchange rate
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  • Inflation
Egypt has been battling climbing inflation, with the annual rate rising above 18% in November
Egypt’s Central Bank raises interest rates to limit inflation
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  • Iraq’s FX reserves
US dollar notes
Iraq's central bank FX reserves soared to $96 billion
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  • Suez Canal
Suez Canal
Suez Canal expects revenue of $8 billion in current fiscal year
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  • Qatar Airways
Qatar's national regulator progressively grounded at least 29 jets on safety concerns over the past year
Airbus and Qatar Airways kick off latest series of UK court hearings
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