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YEMEN CURRENCY CRISIS
Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon tiesAfter a five-year hiatus, Saudi Arabia is reopening its market to Lebanese imports, a decision that stemmed from previous drug smuggling ap...- 100 days of Iran war: India must brace for broad-based economic shockIn a volatile turn of events, escalating strikes between Iran and Israel are sending shockwaves that may reach India’s economy. As the spec...
- India medical tourism market feels the weight of Iran warIndia's medical tourism sector faces challenges as West Asian tensions continue. Overseas patient numbers remain lower than before the conf...
- Soaring inflation and plummeting economy test Iran's ability to withstand war and US blockadeIran faces severe economic hardship due to war and US sanctions. Prices for essentials like food and medicine have surged. Job losses and b...
- Can Trump’s Iran blockade plunge India into an 'everything crisis'?India has so far managed the oil shock from the Iran war through policy buffers, diversified crude sourcing and intervention by the Reserve...
- Middle East conflict hits medical tourism, Indian hospitals tap other marketsIndian hospitals are diversifying patient sources to Southeast Asia, Africa, and Central Asia as the Middle East conflict disrupts medical ...
- Saudi Arabia to support Yemeni government with around $368 million, source saysSaudi Arabia is set to provide approximately 1.38 billion riyals ($368 million) in economic support to the Yemeni government based in Aden....
- Egypt tests new extension of the Suez CanalEgypt has tested a new 10-kilometre extension to the Suez Canal. This aims to minimize the impact of currents on shipping and increase capa...
- Egypt's middle class cuts costs as IMF-backed reforms take holdEgypt's middle class is facing an unprecedented economic crisis, with many struggling to afford basic necessities. IMF-backed reforms, incl...
- Egypt’s Canal receipts fall by almost half after Red Sea attacksThe drop is the latest headache for the North African nation that was already wrestling with its worst economic crisis in decades before th...
- Ukraine war threatens food supplies in fragile Arab worldLayal Aswad was already exhausted by Lebanon's devastating two-year economic collapse. Now, as Russia's invasion of Ukraine sends food and ...
- 16 million Yemenis are 'marching towards starvation': United NationsWorld Food Program is running out of money again and without new funding reductions will be made in rations for 3.2 million people in Octob...
- Iran: a powerful Shiite Muslim nation with regional reachHere is some background on a nation whose influence stretches from Iraq to Syria, Lebanon and Yemen, but which is grappling with a severe e...
- Yemen in imminent danger of famine, warns UN chief Antonio GuterresGuterres warning comes as the United States threatens to blacklist Yemen's Iran-allied Houthi group as part of its "maximum pressure" campa...
- Saudi Arabia aid eases pressure on forex reserves: Pakistan PM Imran KhanKhan addressed the nation to share the details of his efforts to bring cash-strapped Pakistan out of financial difficulties
- Trump restores Iran sanctions as Rouhani feels economic pressurePresident Trump signed an executive order on Monday restricting purchases of dollar banknotes by Iran, preventing the government from tradi...
- Amelioration: Countries including India planning long-term strategy to protect & evacuate migrant workersThe rescue operation in Yemen acquired heroic proportions because it also included the evacuation of thousands of migrant workers from othe...
- Rupee rebounds 26 paise against dollar; snaps 2-day lossesRupee recovered 26 paise to end at 62.41 against American currency on fresh selling of dollars by banks and exporters amid weakness in gree...
- Lulu Group opens forex centre, to open 50 outlets by 2013The Dubai-based NRI-promoted Lulu Group today launched its forex business arm, Lulu Forex Exchange here.
- China's wheat crop at risk, world waryThe Chinese government has announced a $1.96-bn package to fight drought, including attempts to create artificial rain by cloud seeding.
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