Lebanon central bank stops providing dollars for gasoline imports
Lebanon’s central bank said it has entirely ceased providing dollars for gasoline imports in a move that will likely lead to higher and more volatile prices as well as increased…
Lebanon’s central bank said it has entirely ceased providing dollars for gasoline imports in a move that will likely lead to higher and more volatile prices as well as increased…
Some Turkish banks are curtailing corporate lending after the government’s latest raft of regulations raised their costs and forced many to cut their balance sheet risks, five banking and private…
Extreme weather events, such as heatwaves of unprecedented intensity and duration, droughts, dust storms and torrential rains, are expected to hit the eastern Mediterranean and Middle East region (EMME) by…
The United Arab Emirates’ tourism revenues were 19 billion dirhams ($5.17 billion) in the first half of 2022, its vice president said on Sunday in a tweet. Numbers of hotel…
The Turkish central bank’s foreign currency reserves are getting stronger as friendly countries are providing support, President Tayyip Erdogan said, broadcaster Haberturk reported on Friday. The central bank’s reserves have…
Nearly 12 months ago, Turkey’s central bank embarked on a rate-cutting cycle in the face of soaring inflation, defying traditional monetary policy and running against a global trend of rising…
Turkish President Tayyip Erdogan said on Tuesday that Russia is cutting natural gas flows to Europe in retaliation for sanctions, adding that Europe is “reaping what it sowed”. Fears in…
Gulf Arab states have demanded that U.S. streaming giant Netflix NFLX.O remove content deemed offensive to “Islamic and societal values” in the region, Saudi Arabia’s media regulator said on Tuesday.…
Two women have been sentenced to death in Iran on charges of “corruption on earth” and human trafficking over the last few days, Iran’s official IRNA news agency reported on…
Israeli investigations into the killing of Al Jazeera journalist Shireen Abu Akleh in May concluded that she was likely to have been unintentionally shot by an Israeli soldier but was…