Economy - TRENDS MENA

GASTAT data said the value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021.
The total value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021
This was up from the SAR65.3 billion ($17.41 billion) that Saudi Arabia had in December 2020
The ruble-dominated Moex index opened down 13.97 percent, while the dollar-dominated RTS was down 20.16 percent.
The central bank measures are intended to provide ‘additional liquidity to the banking sector’ in Russia
This, as Western sanctions loom after the military operation announced by Vladimir Putin against Ukraine
Qatar and Saudi Arabia host American troops, but their economic and political relations with Russia have grown over the years.
Russian gas accounts for about 40 percent of the European market, leaving it highly exposed to supply disruptions due to the conflict
A similar logic applies to the 2.3 million barrels of Russian crude that heads west each day through a network of pipelines
Tunisia's debts have soared to nearly 100 percent of Gross Domestic Product.
Tunisia's debts have soared to nearly 100 percent of Gross Domestic Product
Its GDP plunged by almost nine percent in 2020, the worst rate in North Africa
Weekly storytelling events are one of the last affordable pleasures in Lebanon, where a crashing local currency has rendered books...
The cost of printing and buying books has soared in Lebanon, while the monthly minimum wage is currently valued at $32
All new books were priced in dollars, and therefore hit by the fluctuating exchange rate of the Lebanese pound
According to the UN, a full-scale Russian invasion on Ukraine would have a devastating global impact that would likely spark...
The crisis comes as governments struggle to contain runaway inflation fueled by demand as life returns after recent Covid-19 lockdowns,
World Markets have been hammered since a week as the Kremlin recognized Ukraine's rebellion and said it would provide "peacekeepers" to the regions
Soaring inflation in Turkey has propelled a wave of strikes unlike any the country has seen since the 1970s, as...
Supermarket warehouse worker Bekir Gok was sacked this month -- alongside 256 of his colleagues -- for demanding an extra four Turkish liras (30 US cents) per hour
Turkey's annual inflation rate officially reached 48.7 percent in January, and workers have struggled to keep up with the sky-rocketing cost of living
The rise in exports was 7 percent when compared to November of the same year.
Exports to Israel increased in December by 12 percent compared to November
Exports to other countries decreased by 19 percent during the same period
Passenger and aircraft movement and air cargo traffic at QAIA remained far lower than pre-pandemic levels.
Aircraft movements grew to 4,630 in January, 127.2 percent up from the same period last year
Air freight traffic also reached 4,048 tons in January, 13.6 percent up from the same period in 2021
Saudi Aramco is interested in investing in China, its President and CEO Amin H Nasser, said. He asserted that Aramco...
Aramco is holding initial talks with partners, including the state-owned defense contractor Norinco.
The talks were reportedly about the development of a $10 billion refining and petrochemicals complex in China.