Can Iraq's new PM solve the country's electricity crisis?

Solving the country's acute power shortage is a priority for Zaidi, who is looking to strike much-needed investment deals with US companies, whilst also keeping Iran onside

Sharif Mohammad

Saudi Banks Thriving

At the end of July, Saudi banks posted their results in the second quarter for the current year (April through June 2021). The Q 2 earnings are 10 times the ones achieved in the same period last year…

Motasem Al Felou

Turkish Inflation Balloon

Inflation in Turkey jumped to 17.5 percent last June, after it was 16.6 percent in May, surpassing expectations. The year-end inflation forecast from the Turkish Central Bank was 12.2 percent, at a…

Jiwan Soz

Why is Saudi Unemployment Falling?

The Saudi business sector got a hard blow in 2020. Tens of thousands of employees lost their jobs in different sectors due to the lockdown and the oil price crash. The GDP declined by 4.1% last year…

Motasem Al Felou