Author: Steven Sahiounie

Recep Tayyip Erdogan also set to attend official dinner hosted by Egypt’s Abdel Fattah al-Sisi Turkish President Recep Tayyip Erdogan arrived in Cairo on Wednesday for a historic official visit, part of a continuing effort to develop bilateral ties. Erdogan was welcomed at Cairo International Airport by his Egyptian counterpart Abdel Fattah al-Sisi and Türkiye’s Ambassador to Egypt Salih Mutlu Sen. Accompanying the president on his visit are first lady Emine Erdogan, Foreign Minister Hakan Fidan, Treasury and Finance Minister Mehmet Simsek, National Defense Minister Yasar Guler, Health Minister Fahrettin Koca, Industry and Technology Minister Mehmet Fatih Kacir, Trade Minister…

At the 13th annual Middle East Conference of the Valdai Discussion Club in Moscow, Russian Foreign Minister Sergey Lavrov confirmed on Tuesday that Russia does not see any possibility for a quick stabilization in Gaza, especially since “Israel” plans to extend its invasion. The event titled “Time for decisive action: A comprehensive settlement for the sake of stability in the region” is supported by the Institute of Oriental Studies of the Russian Academy of Sciences. “Taking into account the uncompromising attitude of the Israeli leadership to continue the military operation in Gaza, now extending it to Rafah, we do not see prospects…

By: Mohammed Ali Shahin, journalist and economical expert Saudi Arabia, the largest economy in the Middle East, has been making significant strides in diversifying its economy and attracting foreign investments. Over the past few years, the country has launched numerous initiatives and implemented reforms to reduce its dependency on oil and open up new avenues for economic growth. Let’s explore some of the latest developments in the Saudi economy. Vision 2030 – A Game-Changing Blueprint for the Future Launched in 2016, Vision 2030 is Saudi Arabia’s ambitious plan to transform its economy and society. Led by Crown Prince Mohammed bin…

By 0909 GMT, MSCI’s index for emerging market stocks gained 0.2%, while a gauge of currencies was flat

Japan’s Nikkei continued to advance, climbing to 38,010 on Tuesday, not far from the record high of 38,957 the benchmark touched on Dec. 29, 1989

The increase observed in exports mainly concerns the agro-food industries sector (+66.2%) following the sharp increase in sales of olive oil

Bashar Hussein Al-Qattan, Chairman of the Board of Directors of the Green Flame Gas Company, has expressed gratitude for the Kuwaiti government’s commitment to fostering the private sector

The state aims to alleviate the living burdens on citizens while maintaining financial discipline by achieving a primary surplus and reducing deficit and debt rates to GDP: minister

Reflecting on the global economy’s resilience amidst challenges such as the COVID-19 pandemic, Cormann projected the global economy to grow at 2.9% this year and 3% next year

The decision was political and did not put forward any ‘serious’ economic claims, according to Finance Minister Bezalel Smotrich