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    Middle Eastern economy

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    • Monday, 23 January, 2023
      Iraq
      Iraq sacks central bank governor as dinar slides in value

      Former governor Ali Mohsen al-Allaq returns as Baghdad struggles with a lack of dollars

    • Thursday, 19 January, 2023
      Kim Ghattas
      Unrest and unsettled leaders bode ill for the Middle East in 2023

      From Israel to Iran, there is a lengthy list of potential problems in the region

    • Tuesday, 17 January, 2023
      The FT ViewThe editorial board
      Egypt’s deepening economic crisis

      Sisi needs to shrink the role of the state and military-owned companies

    • Monday, 16 January, 2023
      Lebanon
      European investigators arrive in Beirut for corruption probe

      Lebanon’s central bank governor Riad Salameh alleged to have laundered public money

    • Wednesday, 11 January, 2023
      Egypt
      Egypt’s pound plunges to new low as authorities try to stem currency crisis

      Country has shifted to more flexible exchange rate as part of $3bn IMF rescue deal

    • Tuesday, 10 January, 2023
      Egypt
      Egypt vows to cut military’s outsized role in economy under IMF bailout

      Al-Sisi regime agrees to reforms over state ownership in the face of financial crisis

    • Wednesday, 4 January, 2023
      Egypt
      Egypt’s pound sinks to new low in biggest fall since October devaluation

      North African country agreed to let its currency fluctuate as part of $3bn IMF deal

    • Sunday, 1 January, 2023
      Dubai
      Dubai suspends 30% tax on alcohol sales to boost tourism

      Emirate seeks to consolidate its position as the Gulf’s travel hotspot

    • Sunday, 1 January, 2023
      News in-depthEgypt
      ‘There are no dollars’: foreign currency crunch hits Egypt’s economy

      Cairo says banks will soon be able to help importers clear backlog of goods at ports worth $9.5bn

    • Friday, 23 December, 2022
      News in-depthBethlehem
      Bethlehem welcomes back Christmas tourists after pandemic slump

      Two festive seasons without foreign visitors have taken heavy toll on city revered as birthplace of Jesus

    • Friday, 16 December, 2022
      Jordan
      Jordan threatens crackdown on protests over rising living costs

      Authorities issue warning after policeman killed during ‘riots’ over high fuel prices

    • Wednesday, 23 November, 2022
      LexTurkish economy
      Turkey/Egypt: Gulf funding is a warning to investors to steer clear Premium content

      Investment from new allies will ease pressure on Erdoğan to change ruinous economic policies

    • Wednesday, 23 November, 2022
      Turkish economy
      Saudi Arabia in talks to deposit $5bn into Turkey’s central bank

      Transaction would follow diplomatic push by Erdoğan to attract Saudi cash to crisis-hit economy

    • Monday, 21 November, 2022
      News in-depthIran
      ‘Little readiness for general strikes’: Iranians put jobs before pro-democracy protests

      Industrial action was instrumental in the overthrow of the monarchy during the 1979 Islamic revolution

    • Monday, 21 November, 2022
      Ruchir Sharma
      The Gulf is partying while it can

      But the joy of hosting the World Cup in an oil and property boom will not last unless productivity improves

    • Thursday, 10 November, 2022
      News in-depthRenewable energy
      Lebanon’s failing state forces unplanned shift to solar power

      Households and businesses are installing renewables to bypass power crisis

    • Tuesday, 1 November, 2022
      Saudi Arabia opens economic zone in push for foreign investment

      Apple to set up Middle East distribution in Riyadh hub that aims to lure multinationals from UAE

    • Monday, 31 October, 2022
      The Big Read
      Egypt and the IMF: will Sisi take the economy out of the military’s hands?

      The global crisis has magnified the fragility of the country’s state-driven economic model and forced it to take out new multilateral loans

    • Thursday, 27 October, 2022
      Egypt
      Egypt reaches $3bn IMF loan deal after agreeing to float currency

      Egyptian pound plunges 14.5% after Cairo moves to flexible exchange rate demanded by fund

    • Monday, 17 October, 2022
      News in-depthGaza Strip
      Israeli work permits offer slight relief to ‘exhausted’ Gaza economy

      Jewish state hopes chance of employment across the border will encourage peace

    • Wednesday, 28 September, 2022
      Lebanon
      Lebanon in move to re-peg its currency for first time in 25 years

      Finance ministry says plan to slash pound is dependent on adoption of long-delayed recovery plan

    • Tuesday, 27 September, 2022
      Nakheel PJSC
      Dubai developer Nakheel nears $4.6bn debt restructuring to fund expansion

      Government-owned property group seeks to kickstart work at stalled seafront site Palm Jebel Ali

    • Sunday, 25 September, 2022
      Saudi Arabia
      Some Saudis fear being left behind despite oil price boom

      As reforms take root in the Gulf kingdom, so does competition to find well-paid jobs

    • Wednesday, 21 September, 2022
      Lebanon
      Lebanon’s banks to close ‘indefinitely’ after heists by angry depositors

      Lenders shut doors after spree of armed robberies staged by customers desperate to get their cash out

    • Tuesday, 30 August, 2022
      News in-depthIsrael
      ‘Everything is overpriced’: Tel Aviv balks at soaring cost of living

      Tech and property boom adds to pressure and makes life increasingly unaffordable for many

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