Turkish lira falls by 3.1% as central bank cuts interest rate

The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line with President Tayyip Erdogan's risky new economic programme.…

Saudi Arabia’s 2022 budget sees no deficit since 2014

Saudi Arabia approved its 2022 budget on Sunday, projecting a surplus for the first time since oil prices collapsed in 2014. King Salman said the improved fiscal situation for the world's biggest oil exporter comes "after the Kingdom of …

Palestinians held municipal elections in West Bank

Palestinians held municipal elections in the occupied West Bank on Saturday in a rare democratic exercise and amid rising anger with President Mahmoud Abbas after he cancelled planned legislative and presidential votes earlier this year.…

Libya’s HoR reviews election criteria with HNEC

The committee of the House of Representatives (HoR) that is tasked to follow up with the High National Elections Commission (HNEC) on the development of the electoral process and is headed by Al-Hadi Al-Saghir, and MP Saleh Efhema, met…

TLBC plans to add 4 routes between Libya and Tureky

The head of Turkey-Libya Business Council Murtaza Karanfil said they are planning to expand voyages between Libya and Turkey to include new destinations such as Istanbul, Muğla, Antalya and Bursa, for both tourism and trade purposes.…

Western Power increases pressure on Tunisian President

Pressure has increased domestically and internationally on Tunisian President Kais Saied to set a clear time limit for his "extraordinary measures". President Saied recently expressed his intention to change the country's constitution,…