Economy

Israeli far-right lawmakers Bezalel Smotrich (R) and Itamar Ben-Gvir (L) take part in the ultranationalist Flag March outside Damascus Gate in Occupied East Jerusalem [Getty]
Israel has withheld funds due to the Palestinian Authority needed to pay civil servants and public sector bills.
Saudi Arabia's economy minister Faisal Alibrahim has confirmed that the country will host a WEF meeting later this April
The fate of hundreds of Egyptian employees who worked for the Kuwaiti group remains unclear in the absence of a decisive labour law.
Wheat imports by Egypt, which is reeling under a severe foreign exchange crisis, rose by more than a million metric tons in 2023, recent data has shown.
In Egypt, low and average-income households are heavily crushed by the economic crisis in a country where almost 28 per cent live below the poverty line.
The relaxing of rules around land sales comes as the Egyptian government tries to overcome a shortage of foreign currency.
Egypt is now officially a member of the Russia-led BRICS economic bloc, at a time when it is facing rampant inflation and an economic crisis
Egypt is auctioning 850 million dollars worth of treasury bills amid a severe economic crisis exacerbated by Israel's war on Gaza
Yemen's Houthi rebels have attacked vessels in the Red Sea over Israel's war on Gaza. How have shipping firms reacted to the situation?
Several major freight companies have rerouted to avoid the Suez Canal as attacks by Yemen's Houthi rebels on ships in the Red Sea mount.