Middle East/Economy

Energy Consortium will be involved in up to 30 percent of Kana’s development

If the deal is reached, it will be Israel’s second such agreement with an Arab state under the Abraham Accords

Under the agreement with Israel, Lebanon gained full rights to operate and explore the Qana or Sidon reservoir

The annual inflation in October was the highest since June 1998

'Almost two-thirds of the non-oil countries in the region are witnessing a gradual slowdown'

The presence of Bank Leumi at the kingdom's FII forum suggests warming ties between Riyadh and Jerusalem

Lebanese govt to remain compliant with a maritime border deal that will be signed with Israel on Thursday

Samer Haj Yehia, head of Bank Leumi, is due to speak on a panel alongside other top finance executives

'Egypt is searching for a new approach to help boost the value of the Egyptian pound, but it won't work'

'The latest OPEC+ decision... was a purely technical decision, with NO political intentions'

Families begging for digital gifts earn up to $1,000 an hour but only receive a tiny fraction of proceeds

Lebanon's financial meltdown is its most destabilizing crisis since the 1975-1990 civil war

The Lebanese pound has lost more than 95% of its market value since the economy collapsed in 2019

'We are in a country of mafias. If you are not a wolf, the wolves will eat you'

Israel's one-millionth tourist was a resident of the UAE, a cause for celebration

Turkey is almost entirely reliant on imports to meet its natural gas and oil needs, and demand is rising

Initiative by tourism ministries one of the steps agreed to at the Negev Summit last March

Projections underscore how high energy prices are buoying Arab Gulf monarchies

The oil giant supplanted Apple as the world's most valuable company in March

Lebanese banks are limiting withdrawals of hard currency amid the country's three-year financial meltdown

The trajectory of price increases represents a significant turnaround from deflation throughout 2019 and 2020

It will create joint initiatives in trade, technology and local industry

'This is a wrong, oppressive decision that destroys the national economy'