Economy

The UN has warned that Libya's banking system will "likely collapse" if its two rival central banks don't unify.

Rising prices in war-torn Yemen have left many families struggling to provide the basics, with no solution in sight.

The US is to allow Iran to use frozen funds to pay for exports shipped before sanctions were imposed before the previous administration.

With inflation rising, Turkey has chosen to keep its policy rate unchanged, to combat rises in the cost of living.

Cellebrite supplies digital forensic tools that can extract data from cell phones, and its technology is widely used by law-enforcement agencies around the world. Rights groups say the Israeli firm continues to sell its tools to repressive regimes.

Several central banks around the world have recently announced similar plans, while criticising decentralised cryptocurrencies like bitcoin.

Saudi Arabia has set a price limit for fuel, saying it will pay anything above the limit.

Despite not having a background in investment, ex-head of Mossad Yossi Cohen will head investment giant Softbank's new office in Israel.

Riyadh's national pension scheme has a serious hole in its finances, thought to be to the tune of approximately $213 billion.

The Abraham Fund, which followed the Abraham Accords of 2020, will no longer receive support from the US as Washington looks to focus on diplomatic efforts.