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President Joe Biden's pick to head the Office of Management and Budget, Neera Tanden, has withdrawn her nomination.

Tunisia's main parliamentary bloc Ennahdha rallied thousands of people Saturday in a demonstration.

Sudan floats currency, part of measures to overhaul economy

The New Arab Staff & Agencies

Sudan floats currency, part of measures to overhaul economy

The move was a key demand by the International Monetary Fund.

Saudi Arabia pushes companies to move headquarters to kingdom

The New Arab Staff & Agencies

Saudi Arabia pushes companies to move headquarters to kingdom

Saudi Arabia will stop doing business with foreign companies with regional headquarters outside the kingdom starting in 2024, state media said.

Egyptian arrested for advertising son for sale on Facebook

The New Arab Staff

Egyptian arrested for advertising son for sale on Facebook

Egyptian police arrested a man who advertised his infant son for sale on Facebook, according to local media.

The New Arab Staff & Agencies

Nigeria creates $2.6 billion infrastructure company

Nigeria’s president has announced the creation of a multi-billion dollar company to finance infrastructure projects.

Charlie Faulkner

Afghanistan's female entrepreneurs face battle to survive Covid-19 pandemic

Following the devastating impact of the Covid-19 pandemic, women in Afghanistan, who already had a tough time getting their businesses off the ...

The New Arab

The Iraq Report: Feared IS leader killed in raid

The Islamic State's most powerful operative in Iraq has been killed by counter-terrorism and security forces, striking a serious blow to the ...

The New Arab Staff & Agencies

IMF urges Tunisia reform plan, social support

"Tunisia faces two immediate challenges: saving lives and livelihoods until the pandemic wanes, and starting to bring economic imbalances back ...

Oman to see fastest economic growth in MENA region

The New Arab Staff

Oman to see fastest economic growth in MENA region

Oman is set to be one of the countries to see the swiftest economic recovery from the Covid-19 epidemic.

Muhammad Shehada

Israel denying Covid vaccine to Palestinians is medical apartheid

Comment: Israel's claim that the PA is responsible for vaccinating occupied Palestinians reveals a cold disregard for their heath, and for ...

Oman foresees $5.7 bn <em>deficit</em> in 2021 budget

The New Arab Staff & Agencies

Oman foresees $5.7 bn deficit in 2021 budget

The government expects revenues of 8.64 billion riyals based on an oil price of $45 dollars a barrel, 19 percent less than in 2020.

Algeria president returns from Covid treatment in Germany

The New Arab Staff & Agencies

Algeria president returns from Covid treatment in Germany

Aged 75 and a heavy smoker, President Abdelmadjid Tebboune was hospitalised in Germany on October 28, and Algerian authorities later announced ...

Lebanon reserving nearly 2 million coronavirus vaccines

The New Arab Staff & Agencies

Lebanon reserving nearly 2 million coronavirus vaccines

Cash-strapped Lebanon will pay a $4 million deposit at the deal's signing, expected Monday, as it hopes to cover the remaining $23 million with ...

Dubai cuts 2021 budget as pandemic impacts economy

The New Arab Staff & Agencies

Dubai cuts 2021 budget as pandemic impacts economy

Dubai will cut its budget to $15.5 billion in 2021, the emirate said on Sunday, after a challenging year that struck its economy.

The New Arab Staff

Saudi Arabia’s economy shrinks for fifth consecutive quarter

Saudi Arabia's economy has contracted again, as the country grapples with falling oil production and emerges from lockdown.

The New Arab Staff & Agencies

Iraqis panic as leaked budget draft signals devaluation

The Finance Ministry expressed "resentment" over publication of the proposed law, which gives an anticipated exchange rate of 1,450 Iraqi dinars ...

Alessandra Bajec

Why protests are raging in Iraqi Kurdistan

In-depth: With economic woes exacerbated by Covid-19 and the KRG's heavy-handed response to public anger, protests are expected to re-emerge in ...

The New Arab Staff & Agencies

Saudi Arabia plans spending cuts to trim deficit

Saudi Arabia has been grappling with a budget deficit since oil prices first plunged in 2014.

Kuwait emir urges parliament to cast aside 'fabricated conflicts'

The New Arab Staff & Agencies

Kuwait emir urges parliament to cast aside 'fabricated conflicts'

Sheikh Nawaf warned parliament there is 'no room' to waste efforts in tackling Kuwait's dire financial crisis.

The New Arab Staff & Agencies

Algeria president makes TV appearance

Algerian President Abdelmadjid Tebboune said he is recovering from coronavirus infection.

Syria approves new trade agreements with Russia

The New Arab Staff

Syria approves new trade agreements with Russia

Syria's Assad regime has approved dozens of projects with Russia under a new economic pact expected to be ratified before the end of the year.

A Saudi-Israeli rapprochement?

Courtney Freer

A Saudi-Israeli rapprochement?

Comment: Courtney Freer appraises the prospects of a Saudi-Israel normalisation deal, or a resolution to the GCC crisis in the last days of the ...

Pennsylvania certifies Biden election win

The New Arab Staff & Agencies

Pennsylvania certifies Biden election win

Pennsylvania officially certified Joe Biden's election win in the state.

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