By Maya Gebeily CHTAURA, Lebanon (Reuters) – The money exchange shop in Lebanon’s Bekaa Valley was buzzing with business. Cellphones…
Turkey expects to collect $5.32 billion in debt restructuring before elections
ANKARA (Reuters) – Turkey’s government is expecting some 100 billion lira ($5.32 billion) in payment as part of a restructuring…
Turkey’s tourism gains in war-hit 2022 but trade deficit widens
By Canan Sevgili and Can Sezer ISTANBUL (Reuters) – Turkey’s tourism revenue hit a record $46.3 billion in 2022 even…
IMF lowers Saudi 2023 growth forecast to 2.6%
DUBAI (Reuters) – The International Monetary Fund (IMF) has revised its 2023 growth forecast for Saudi Arabia, the world’s top…
China foreign minister seeks stronger economic ties with Saudi Arabia
BEIJING (Reuters) – China’s new foreign minister Qin Gang wants to build stronger ties with Saudi Arabia and set up…
Oil falls 2% as rate hikes loom and Russian flows stay strong
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices dipped 2% on Monday, extending losses as looming increases to interest rates by…
Morgan Stanley’s Kayello to step down as MENA head
DUBAI (Reuters) – Morgan Stanley’s regional head for the Middle East and North Africa (MENA) Sammy Kayello is stepping down,…
With tiny EV, City Transformer takes aim at Europe’s urban markets
By Nick Carey (Reuters) – Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban…
Tel Aviv shares drop amid Netanyahu judiciary plans, rising violence
By Steven Scheer and Maayan Lubell JERUSALEM (Reuters) – Tel Aviv shares fell on Sunday with analysts citing investor jitters…
Tesla chair testifies she would have quit if Musk had lied in 2018 tweets
By Hyunjoo Jin and Jody Godoy SAN FRANCISCO (Reuters) – The board chair of Tesla Inc defended CEO Elon Musk…