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Economy

Economy latest

Russian President Vladimir Putin
June 30th, 2026 - 07:33 GMT
P. Choiaqo

P. Choiaqo

Putin: Ukrainian drone strikes are ‘creating problems’ for Russia

ALBAWABA - In a candid statement, Russian President Vladimir Putin has publicly admitted that the recent waves of strikes that Ukraine has conducted on Russia have been effective. Ukraine has picked up the pace of the stagnating war by targeting and severely harming Russian fuel and energy infrastructure, in Moscow and Crimea especially. Last week, it launched one of the largest drone attacks since the start of the war - ...
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The current Qatari investments in Jordan amounts to nearly $ 2 billion in various sectors including energy, real estate, stock exchange, banks, tourism services, education and health.
October 31st, 2019 - 10:14 GMT

Qatar to Increase Investments in Jordan in the Next 3 Years

TurkStat says country's exports and imports last month at $14.4B and $16.5B, respectively.
October 31st, 2019 - 10:00 GMT

Turkey: Foreign Trade Deficit Stands at $2.1 Billion in September

The value of exports and imports had fallen by 11 and six percent.
October 31st, 2019 - 09:01 GMT

Iran: Trade Deficit for Two Quarters Negative, Stands at $273 Million

The current interest rate level under the programme is 1.75 per cent for projects in Amman and 1 per cent for those started in governorates. 
October 31st, 2019 - 07:27 GMT

Jordan: CBJ Cuts Interest Rates for a Third Time This Year

The Fed lowered its short-term lending rate to between 1.5% and 1.75% from 1.75% to 2%, citing a "moderate rate" of economic growth.
October 31st, 2019 - 06:59 GMT

US: Fed Reserve Lowers Interest Rates for a Third Time This Year

Central Bank Governor Riad Salameh governor once again ruled out a break in the long-standing peg on Monday, saying the government had the means to maintain it.
October 31st, 2019 - 06:42 GMT

How Would Breaking Lebanon's FX Peg Affect the Deteriorating Economy?

Egypt is targeting 6 percent GDP growth in the 2019/20 fiscal year that began on July 1.
October 30th, 2019 - 06:34 GMT

Egypt's GDP Grows 5.6 Percent in Q3

FDI flows from Kuwait came on top, in absolute terms, with an additional BD45.2 million flowing into the Kingdom during the second quarter.
October 29th, 2019 - 11:07 GMT

Bahrain FDI Hits $28.7 Billion in Q2

The region has in recent years experienced a surge in portfolio and bank flows which, in many countries, helped finance external and fiscal deficits.
October 29th, 2019 - 10:53 GMT

IMF Calls for Structural Reforms in the Region to Promote Jobs Growth

Iran economy contracted 4.8 per cent last year and it will slip deeper into the recession this year.
October 29th, 2019 - 10:26 GMT

IMF: Iran to See Zero Growth in 2020

The leaderless rallies have drawn people from around Lebanon furious at sectarian political leaders they see as plundering state resources for personal gain.
October 29th, 2019 - 09:30 GMT

Lebanon: Public Sector Workers Will Be Paid Despite the Revolution

Bitcoin has registered some impressive gains over the last 48 hours after being in a lull period in recent weeks.
October 29th, 2019 - 08:00 GMT

Bitcoin Might Hit $12,000 by the End of the Year

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