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Economy and Policy

Economy and Policy latest

cryptocurrency
March 17th, 2026 - 10:38 GMT
Al Bawaba Staff

Al Bawaba Staff

Cryptocurrency in the Arab World: Strategy, Power, and the Post-Oil Economy

Dr. Gil Feiler Over the past few years, the cryptocurrency sector in the Arab world has evolved from a marginal financial curiosity into a strategic component of economic policy. What began as speculative retail trading has gradually transformed into a state-supported technological and financial ecosystem. Today, several Arab governments—particularly in the Gulf—view blockchain and digital assets not merely as financial innovations but as strategic tools that can strengthen their global ...
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keeping the Lebanese pound at 1,500" is the only stable way to proceed with the government's reforms
September 5th, 2019 - 10:14 GMT

Lebanon to Cut Budget Deficit to 7 Percent of GDP Next Year

The downgrades and tensions over the border with Israel and inside Lebanon led for the first time in years to the U.S. dollar reaching 1,560 Lebanese pounds on the black market in recent weeks for the first time in more than two decades.
September 5th, 2019 - 08:48 GMT

S&P Warns on Drawdown of Foreign Currency Reserves in Lebanon

State-owned China National Petroleum Corporation (CNPC), one of the country’s “big three” producers, holds an 80% stake in Phase 11 after French major Total’s withdrawal in August 2018 in response to US sanctions.
September 5th, 2019 - 07:27 GMT

Iran, China Update $400 Billion of Chinese Investment Deal

Egypt's exports of medicines and medical supplies for 2018 reached about $789 million, of which $65 million were to African countries
September 5th, 2019 - 06:30 GMT

Egypt to Strengthen Presence in Africa Through Medicine Exports

US-China negotiations resumed in June at the highest levels in the margins of the G20 summit meeting in Osaka, Japan, when Trump met his Chinese counterpart Xi Jinping.
September 5th, 2019 - 06:14 GMT

US-China Trade Talks to Be Resumed in Washington in October

New orders has the greatest weight in the PMI calculation and provided the biggest boost, increasing the headline figure by 0.6 index points.
September 5th, 2019 - 06:13 GMT

Qatar PMI Recovers in August As outlook for Business Activity Remains Positive

While 49 percent of respondents to a recent USCBC survey said they lost sales in China due to retaliatory tariffs, 37 percent said they lost sales due to their Chinese partners’ concerns about doing business with American companies.
September 5th, 2019 - 06:13 GMT

Is the US Winning the Trade War?

Iran has increased its stockpile of enriched uranium to beyond the maximum set by the deal
September 5th, 2019 - 06:00 GMT

France to Keep Offering Iran a $15 Billion Lifeline if US Agrees

Sterling at one point plunged to $1.1959 on Tuesday -- its weakest level since 1985 except for a 2016 "flash crash"
September 5th, 2019 - 04:59 GMT

British Pound Edges up as Election Looms, Asia Markets Recover

The rupee has lost nearly 1.3 per cent against dirham in the past one week when it was trading at 19.44 on August 27
September 4th, 2019 - 12:30 GMT

Indian Rupee Hits 9-Month Low vs US Dollar

The country’s overall population is at 41.7 million.
September 4th, 2019 - 12:00 GMT

Sudan’s Unemployment Rate Rises to 8 Million Over 7 Years

On Brexit, the diplomat said the UK will remain committed to Bahrain and other Gulf countries.
September 4th, 2019 - 11:30 GMT

Bahrain-UK Bilateral Trade Hits £1.1 Billion

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