Economy 2024-05-15

Costs to the Lebanese economy are estimated at $4 billion, half from heavy destruction, displacement and loss of livelihoods in the south.

Economy 2024-05-13

A recent move by Russia to delay a wheat shipment to Egypt, ostensibly because the paperwork was not in place, was in reality a message to Cairo about its dealings with other countries.

Economy 2024-04-17

Increased imports through Houthi-controlled ports have led to bigger revenues for the Iran-backed group, while ports under government control -- and Yemeni civilians -- suffer.

Economy 2024-04-10

The new 100-YER coin is a sign of the economic pressure the Houthis are feeling -- and imposing on Yemen -- as a result of their Red Sea aggression.

Economy 2024-04-02

The new strategic partnership deal includes billions in credit to help Egypt weather a severe economic crisis and stepped up gas and energy flows to Europe.

Economy 2024-03-24

Consumer demand is low and so is inventory during the holy month of Ramadan, which is usually a peak season for shoppers and merchants.

Economy 2024-03-17

Hunger has become more widespread in Yemen as aid agencies face increasing difficulties amid the Houthis' ongoing attacks in the Red Sea.

Economy 2024-03-15

Illegally imported products are putting Syrian industrial and agricultural operations out of business and drastically reducing income for families in areas adjacent to the border.

Economy 2024-03-09

An Iranian presence in Ras Issa would enable the IRGC to facilitate the delivery of weapons and contraband and would further Iranian influence in the Horn of Africa.

Economy 2024-03-04

Poverty rates are soaring in Yemen as the holy month approaches, and the cost of basic food items has gone up amid the Houthis' ongoing attacks on sea shipping lanes.