Economy

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  Economy

  2022-06-21

  'Blackmail': Russia threatens world famine with blockade of Ukraine

  Moscow is demanding sanctions be scrapped in exchange for re-opening Ukrainian seaports. At the same time, Russian forces are looting and selling Ukrainian grain, observers say.

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  Economy

  2022-06-06

  Lebanese charities step up to provide food, medicine, care amid crisis

  This guide includes links to various associations, organisations and charities that people in need can contact in order to receive a wide range of aid and support.

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  Economy

  2022-06-01

  'Unprecedented achievement': Israel inks first Arab free trade deal with UAE

  The deal scraps customs duties on 96% of all products traded between the two countries. Nearly 1,000 Israeli companies will be working in and through the UAE by year's end, officials say.

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  Economy

  2022-05-26

  Iran's oil sales stall as China switches to cheaper alternatives from Russia

  In an about-face, China, the top buyer of Iranian oil until recently, has decreased its oil purchase from Iran, moving toward purchasing cheaper Russian oil instead.

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  Economy

  2022-05-26

  Yemeni wheat importers warn of mass famine

  The Russia-Ukraine war has contributed to a growing wave of hunger in Yemen, which purchases approximately one-third of its wheat from the two countries.

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  Economy

  2022-05-05

  Iran, Russia face another consequence of pariah status: no spare parts

  The consequences of Russia's invasion of Ukraine and of Iran's missile programme and funding of regional proxies have forced both regimes to scramble for basic car and airplane parts.

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  Economy

  2022-04-29

  Iconic Iranian factory closes while regime courts foreign powers with megadeals

  The Middle East's first tire company, Kian Tire, closed April 13. Critics say the bankruptcy was the result of the regime's neglect of domestic industry as it courts foreign powers.

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  Economy

  2022-04-27

  Amid political change, Yemen still needs donors to alleviate crisis

  There are hopes that Yemen's new leadership council will usher in some positive change, but the humanitarian crisis remains at a critical level.

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  Economy

  2022-04-26

  Iraq's ballooning oil revenues whet appetite of Iran and its proxies

  Iraq's oil revenue is soaring as global prices rise amid Russia's war in Ukraine, but officials warn that Iran and its proxies will take measures to seize these funds through pressure and fraud.

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  Economy

  2022-04-20

  Where's the money? Iranians wonder where regime's oil profits are going

  Iran is seeing record high income from oil, yet regular Iranian citizens are not feeling the positive impact on their lives. Many point to the corrupt practices of the IRGC-loaded cabinet.