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Economy
Jordan issues a decision banning the export of masks
The Director General of the Jordanian Food and Drug Administration, Hayel Obaidat, said on Thursday that a decision had been issued to ban the export of masks and circulate to border crossings and in cooperation with customs because some…
Russian Energy Minister: the assessment of Coronavirus impact on oil needs time
Interfax news agency reported on Thursday that Russian Energy Minister Alexander Novak said that assessing any impact of the new Corona virus on oil markets needs time, adding that Russia is not yet ready to announce its position on OPEC +…
The Lebanese government approves a financial rescue plan
Local media reported that the Lebanese government approved on Thursday a government policy statement that includes a minor financial bailout plan, including lowering interest rates, recapitalizing banks, restructuring the public sector and…
Iraqi Kurdistan agrees with Baghdad on its share of the 2020 budget
The Iraqi government news agency said on Wednesday that the government of Iraq and the semi-autonomous Kurdistan region have reached an agreement on the contribution of Erbil to the federal budget for 2020, and the agreement includes the…
Nawara gas field in Tunisia begins production
Tunisian Prime Minister Youssef El-Shahed said that the Nawara gas field began production on Wednesday and will increase national production by about 50 percent.
Lufthansa continues to suspend flights to Beijing and Shanghai until the end of February
German airline Lufthansa said on Monday it has decided to extend the suspension of its flights to the cities of Beijing and Shanghai in China until February 29, noting the concerns of the Corona virus, while the company will continue its…
The Palestinian Authority stops importing Israeli agricultural products
The Palestinian government said on Monday that it has decided to stop importing Israeli agricultural products, juices, and mineral and gas water, and made it clear that this decision comes within the framework of "reciprocity on the issue…
Iraqi oil exports decline in January
The Iraqi Ministry of Oil said on Saturday that the country's oil exports declined to 3.306 million barrels per day in January, compared to 3.428 million barrels per day in December, adding that exports from southern Basra ports amounted to…
El-Fakhfakh intends to implement a new economic reform package in Tunisia
Tunisian Prime Minister-designate Elias El-Fakhfakh said on Friday that he will implement an economic reform package, including a review of subsidies and reform of public companies if he obtains the confidence of Parliament, despite his…
UAE energy minister confirms his confidence in China’s ability to control the spread of Corona
UAE Energy Minister Suhail Al Mazroui said on Monday that it is important not to overestimate expectations for a future decline in oil demand due to events in China and not to overstate the market in its response based on psychological…