Banks EU to suspend Israel trade concessions, halt 2025–2027 allocations Aya Anwar Sep 18, 2025 0 The European Commission has proposed on Wednesday suspending certain trade-related provisions of the Association…
Featured World Bank: Gaza reconstruction needs estimated at $53b Aya Anwar Feb 19, 2025 0 The reconstruction and recovery of Gaza will require an estimated $53 billion, according to the World Bank's Gaza…
Featured Egypt’s PM, UNSG reaffirm support for 2-state solution in Palestine Nada Ali Feb 16, 2025 0 Egypt’s Prime Minister Moustafa Madbouly reaffirmed the country’s unwavering support for the Palestinian people's…
Featured Israel’s foreign investments hit $11.8b in H1 ’24 Aya Anwar Dec 25, 2024 0 Israel saw foreign investments surge to $11.8 billion in the first half of 2024, despite its multifront aggression…
Featured Israel’s inflation down in Nov. ’24 Aya Anwar Dec 16, 2024 0 Israel’s inflation eased to 3.4 per cent in November, the lowest since July, but remained above the government’s…
Featured ILO: Gaza faces economic devastation as War enters 2nd year Aya Anwar Oct 17, 2024 0 Gaza is facing devastating economic repercussions as the war enters its second year, according to the latest…
Featured WB head warns of impact of escalating Middle East war on global economy Aya Anwar Oct 16, 2024 0 World Bank President Ajay Banga warned that a wider Israel-Gaza conflict could significantly impact the global…
Featured Moody’s downgrades Israel’s ratings to Baa1, maintains negative outlook Aya Anwar Sep 29, 2024 0 Moody's Ratings has downgraded Israel's long-term local and foreign-currency issuer ratings to Baa1 from A2,…
Featured US grants Egypt full yearly military aid Aya Anwar Sep 12, 2024 0 The US is granting Egypt with its full $1.3 billion military aid allocation for the first time under the Biden…
Featured Israel’s budget deficit reaches NIS 12.1b in August Aya Anwar Sep 9, 2024 0 Israel recorded a budget deficit of NIS 12.1 billion for August 2024, while the year-to-date (YTD) deficit for…
Featured Israel cuts ’24 growth forecast amid ongoing Gaza aggression Aya Anwar Sep 9, 2024 0 Israel’s finance ministry revised its 2024 growth forecast downward to 1.1 per cent, down from 1.9 per cent, due to…
Featured S&P PMI: Lebanon’s private sector sees further decline in August Aya Anwar Sep 4, 2024 0 Lebanon's private sector experienced declining business conditions in August. The index fell to 47.9 from 48.3 in…
Featured Israeli banks block shekel transfers from Palestinian banks Aya Anwar Aug 21, 2024 0 Israeli banks are blocking shekel cash transfers from Palestinian banks in the West Bank, potentially disrupting…
Featured Israel’s GDP growth falls short of forecasts Aya Anwar Aug 19, 2024 0 Israel’s economic growth slowed more than anticipated in the second quarter, failing to maintain its initial…
Featured Fitch downgrades Israel to ‘A’, negative outlook Aya Anwar Aug 13, 2024 0 Fitch Ratings has downgraded Israel’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'A+' to 'A,' with…
The Watch Oil up on Wednesday Aya Anwar Jul 31, 2024 0 Oil prices surged after Hamas announced Israel's killing of its leader, Ismail Haniyeh, escalating regional…
MENA News Bank of Israel to maintain rates Aya Anwar Jul 8, 2024 0 Israel's central bank is expected to maintain interest rates at 4.5 per cent for the fourth time amid their ongoing…
Featured Israel expands natural gas exports Aya Anwar Jun 26, 2024 0 Israel has approved a significant increase in natural gas exports from its offshore fields to boost the economy and…
Featured Colombia likely to cut coal sales to Israel amid ongoing war on Gaza Aya Anwar Jun 6, 2024 0 Colombia's trade ministry suggests limiting coal sales to Israel's war on Gaza. The move aims to pressure the war…
The Watch Oil surges on Wednesday Aya Anwar May 29, 2024 0 Oil prices surged following another attack on a ship in the Red Sea, escalating tensions in the Middle East just…
Egypt News Oil stable on Tuesday Aya Anwar May 28, 2024 0 Oil stabilised after experiencing two consecutive days of increases, even amidst heightened tensions in the Middle…
Featured Bank of Israel likely to hold rates steady Aya Anwar May 27, 2024 0 Amidst rising inflation fueled by record government spending and ongoing conflict, Israel's central bank is likely…
Featured US’s Yellen warns against Israeli financial moves in Palestine Aya Anwar May 23, 2024 0 US Treasury Secretary Janet Yellen criticised Israel for its intention to withhold revenues collected on behalf of…
Featured Israel’s economy surges Aya Anwar May 16, 2024 0 Israel’s economic recovery surged at a rate comparable only to the post-coronavirus era, as investment,…
The Watch Oil declines in early May 1st trade Aya Anwar May 1, 2024 0 Oil continued to decline due to the possibility of a cease-fire in the Middle East reducing tensions
The Watch Oil declines in early Monday trade Aya Anwar Apr 29, 2024 0 Oil declined as the United States endeavoured to mediate a peace agreement between Israel and Hamas aimed at…
Arab Gulf markets fall on ME tensions Nada Ali Apr 24, 2024 0 Gulf stock markets dipped slightly on Wednesday as tensions flared between Israel and Gaza.
Featured Google terminates 28 employees over Israel cloud contract Aya Anwar Apr 18, 2024 0 Google announced the termination of 28 employees on Thursday, following protests against the company's cloud…
Energy Oil drops on Monday Aya Anwar Apr 15, 2024 0 Oil dropped on Monday following rising tension between Iran and Israel, causing limited damage and minimal…
Featured Bank of Israel at crossroads in upcoming interest-rate decision Aya Anwar Apr 8, 2024 0 The Bank of Israel is at a crossroads in its upcoming interest-rate decision, as analysts are divided between…
Energy Oil retreats from 5-m peak on Monday’s opening Aya Anwar Apr 8, 2024 0 Oil retreated from a five-month peak following Israel's announcement of troop withdrawal from Gaza, with traders…
Egypt News EU prepares €7.4b aid package for Egypt Nada Ali Mar 13, 2024 0 The EU is preparing a €7.4bn aid package for Egypt to support its economy and address potential financial…
Featured Oil prices drop on worries about interest rate hikes Nada Ali Feb 29, 2024 0 Oil prices fell on Thursday due to concerns about slow demand and the possibility of elevated US interest rates,…
News Bank of Israel leaves rates unchanged Aya Anwar Feb 27, 2024 0 Bank of Israel kept interest rates unchanged at 4.5 per cent, as concerns of rising inflation loam around amid the…
The Watch Oil prices surge due to concerns on shipping Nada Ali Feb 27, 2024 0 Oil prices rose on Tuesday, building on gains from the previous day due to attacks on shipping in the Red Sea that…
Featured Fuel sales up in Singapore Aya Anwar Feb 15, 2024 0 Fuel sales at one of the busiest ports in the world are rising as a result of the Red Sea shipping crisis.
Featured Oil prices decline as Israel says ‘concluded’ Gaza strikes Nada Ali Feb 12, 2024 0 Oil prices in early Asian trade fell on Monday after Israel announced the conclusion of a series of strikes in…
Featured Repercussions of ongoing Israel’s war on Gaza catch up with its economy Aya Anwar Feb 11, 2024 0 Israel’s war on Gaza may cause it to sell a near-record amount of bonds this year to continue funding its offensive…
Financial Institutions IMF: Red Sea shipping activity down 50% due to Gaza war Nada Ali Feb 11, 2024 0 Shipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the conflict in Gaza,…
Financial Institutions IMF chief confident in economic outlook despite uncertainties Nada Ali Feb 11, 2024 0 International Monetary Fund’s (IMF) managing director Kristalina Georgieva expressed confidence on Sunday in the…