Economy

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  Economy

  2020-06-17

  Development projects contributing to improved security in Sinai

  The government's expansion of development projects in the peninsula comes within the framework of its strategy to combat terrorism.

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  Economy

  2020-06-11

  Iran uses Hizbullah agents to circumvent sanctions

  Hizbullah operates a network of agents in Lebanon who work via 'a small circle of banks' to funnel money to Iran, in breach of sanctions.

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  Economy

  2020-06-09

  Sanctions accelerate Iran oil industry decline

  Iran's oil industry, crippled by the imposition of US sanctions, had been already struggling to maintain its deteriorating infrastructure.

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  Economy

  2020-06-08

  Crisis Group warns Lebanon needs urgent aid, reform

  Future governments will have to implement significant reforms 'to put the country's fiscal and economic system back on a sound footing'.

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  Economy

  2020-06-02

  Moscow floods Libya with counterfeit currency in support of military strongman

  The Kremlin is attempting to set up a parallel central bank in Libya and is using a state-owned company based in Russia to print the counterfeit currency.

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  Economy

  2020-05-21

  'Maximum pressure' against Iran yields results: analysts

  The US campaign, which aims to deny Iran the resources to conduct its destructive regional policy, has led to the unprecedented isolation of the regime and its proxies and the collapse of its oil economy.

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  Economy

  2020-05-18

  Lebanese, Syrian women sew face masks amid pandemic

  A USAID-funded programme has been training women on sewing face masks as part of an effort to support vulnerable communities in Lebanon and stem the spread of COVID-19.

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  Economy

  2020-05-15

  Arab stock markets plunge almost 25% in Q1: UN report

  The drop in oil prices and the COVID-19 pandemic led major Arab stock markets to plunge almost a quarter in value.

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  Economy

  2020-05-11

  Hizbullah's Iran ties stymie aid to Lebanon

  International assistance will help Lebanon out of its economic crisis, but its links with Iran-aligned Hizbullah might hurt its efforts to get it.

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  Economy

  2020-04-15

  Mideast economy set for worst slump in decades: IMF

  The IMF said that all the Arab countries apart from Egypt will see their GDP fall this year.