The International Monetary Fund anticipates a significant decline in activity in a region affected by disruptions in energy, maritime transport, tourism, and trade. The gross domestic product of the Middle East, North Africa, and Pakistan is projected to decline by 1.3% in 2026, according to the International Monetary Fund in its report published on Thursday,…
The 25th anniversary of the 9/11 attacks and the third anniversary of the Hamas attack on Israel coincided with the ongoing US-Israeli war against Iran. The conflict raises questions about regional stability, diplomatic failures, and the role of Washington and Tel Aviv in prolonging hostilities. Both 9/11 and 10/7 have Israel at the core The…
President Recep Tayyip Erdogan receives Canadian Prime Minister Mark Carney with an official ceremony in Ankara, Türkiye on October 22, 2026. ( TUR Presidency/ Murat Cetinmuhurdar – Anadolu Agency ) October 22, 2026 06:44 PM GMT+03:00 Türkiye and Canada will begin negotiations on a free trade agreement before the end of the year, President Recep…
In Israel, Defense Minister Israel Katz signed a decision to impose sanctions on the energy company Coral Oil. The restrictions were introduced after the company transferred about 130,000 liters of fuel to Al-Amana, which the Israeli Ministry of Defense calls a company owned by “Hezbollah,” the Jerusalem Post reports. Fuel supplies The ministry stated that…
The International Monetary Fund (IMF) expects economic output across the Middle East, North Africa and Pakistan to contract by 1.3 percent in 2026 as the US and Israeli led war against Iran disrupts energy production, shipping, tourism and trade. The fund forecasts a sharp recovery in 2027, with regional output projected to grow by 6.6…
The Houthi terror organization in Yemen recently launched another barrage of ballistic missiles into Saudi Arabia, targeting Riyadh International Airport. The attack claimed 12 lives, including a US citizen, wounded hundreds, and inflicted severe destruction upon the airport’s terminals. The strike illustrates that the Houthi threat in the region is as lethal as ever, and…
BAKU, Azerbaijan, October 22. Uzbekistan and Georgia discussed expanding strategic partnership in trade, transport and logistics, tourism and education during a meeting between Uzbek Foreign Minister Bakhtiyor Saidov and Georgian Deputy Prime Minister and Foreign Minister Maka Botchorishvili in Batumi on October 22. Saidov announced the meeting in a post on his Telegram channel. Saidov…
The International Monetary Fund (IMF) has forecast a sharp drop in economic output in the Middle East, North Africa, and Pakistan this year due to the US-Israel war against Iran, followed by a rebound to 6.6 percent growth in 2027. In a statement, the IMF said the region’s output was expected to contract by 1.3…
The International Monetary Fund, in a regional outlook released in Dubai, United Arab Emirates, forecasts a 1.3% contraction in economic output in Pakistan and the countries of the Middle East and North Africa in 2026. The fund links this forecast to the consequences of the war against Iran, which the source describes as led by…
Though Schnitzer was never compelled to join the family business, he was always drawn to the diamond industry for its emphasis on personal relationships. “It’s a lot of walking down the corridors, the aisles of the booths of the exchange, meeting people, getting into the thick and thin of things, and asking, ‘What’s going on…
