A giant $30bn four-reactor nuclear plant on Egypt's Mediterranean coast could ease some of the country's energy costs, but it would be paid for largely by a Russian loan
Global sanctions have curtailed Iran's economic growth, limited its oil exports and devalued its currency, but Tehran has been resilient in its ability to fund its regional proxies
The world is at war. The climate crisis is an epidemic of economic enormities. A crisis that now — in this post-truth, polarised and populist world — still divides opinion and is driving economic…
Hundreds of millions of dollars have flowed through Egypt's interbank market since the central bank allowed the Egyptian pound to depreciate by 13% to a historic low, bankers said on Thursday.
The…
Oil rose about 1% on Thursday supported by optimism over China's demand outlook and hopes that upcoming inflation data from the United States will point to a slower increase in interest rates.
Top…
The dramatic, multidimensional implosion of Meta; the nuclear train wreck of Elon Musk’s Twitter; the momentous labor uprising against Amazon—it wasn’t just an unusually disastrous year for America’s…
“I worked in Byblos (West Lebanon) for over 20 years. I used to make USD 50 a day. After the 2019 Lebanese banking sector collapse, my employers did not have access to their money in the banks, and…
Pandemic-related disruptions to global supply chains and the knock-on effects of Russia's war in Ukraine have driven up prices of energy, commodities, and necessities.
Here's how governments are…
A US envoy wants the institutions of western Libya to accommodate the son of an eastern warlord as Libyan president. Is this another doomed effort to unite the feuding factions, or could it work?
As the FIFA World Cup 2026 shows, identity, belonging, and tension combine to make football fandom unlike any other sport. So, what is going on in fans' brains?
Beijing's duty-free access for African exports promises mutual economic gains, but more importantly, it deepens its strategic influence across the continent