Egypt and Russia team up over nuclear power

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

Amr Emam

People Liked Malls

Since 2005, Amazon has changed how virtually every American shops. That February, the company launched Prime, the first-of-its-kind, lightning-fast subscription delivery service that now has an…

Amanda Mull

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