Business

The EU’s top court ruled in 2019 that EU countries must identify products made in Israeli settlements on their labels
Israel, Belgium clash over Jewish settlement products labelling
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Finance Minister Sheikh Salman bin Khalifa Al Khalifa
Bahrain unveils $30 billion post-pandemic investment plan
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The Turkish lira has lost 40% of its value this year
Turkish lira nosedives 8% after Erdogan stokes firesale
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The lira has lost more than 30% of its value since the start of the year, severely eroding Turkish consumers' purchasing power
Turkey again cuts interest rates despite high inflation
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A man counts US dollars and Euros at a money exchange office in central Cairo
Egypt's remittances from workers abroad rise to $2.4 billion in August
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High inflation has been hurting the popularity ratings of Erdogan
Inflation takes its toll on Turks trying to make ends meet
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Rolls is expected to provide engineering and manufacturing support
Qatar, Rolls-Royce team up in project to invest in green tech startups
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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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Falih said a car manufacturer will be announced before year-end
Saudi Arabia in talks with carmakers on plant plans
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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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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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Algeria is Spain's largest gas supplier
Algeria to end gas supplies to Morocco
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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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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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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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The plan is subject to cabinet approval
Israel to readmit COVID-vaccinated foreign tourists next month
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