Twenty-four members of the US congress have called on the US President to support a ceasefire between Israel and Hamas. Representatives express their concern about the situation of Gaza's children and fear America will be drawn into the conflict, explains Ahmad Abdel-Rahman in Egypt. The pressure facing US President Joe Biden to take a different po...
New Zealand PM bows out
Here's an article from The Economist which, while talking about John Key's resignation, states that NZ is "one of the most successful countries in the world. While this is debatable, there is no doubt that Key has had successes- namely international recognition- along with failures, housing, immigration and the environment. We have yet to see whether the new Prime Minister, John English, will have the same success.
Oil prices may rise to USD150 per barrel and global growth may fall to 1.7 per cent, if the war between Israel and Gaza continues, writes Ahmad Abdel- Rahman. Like past Middle East wars, the conflict between Israel and Hamas has the potential to disrupt the global economy and even push it into recession, especially if more countries are drawn into ...
The American president is losing the support of Progressives and non-white blocs because of his position on the Gaza crisis, where he has given Israel his unconditional support. The Democrats believe that his alliance with the right- wing Netanyahu government is a grave mistake, writes Ahmad Abdel-Rahman. With the US administration's unconditional ...
If Israel's war on Gaza expands, there will be a heavy regional and global economic bill. The ignition of the conflict throws the Strait of Hormuz into the heart of the battle, raises oil prices to USD 110, and makes Europe's winter colder , writes Ahmad Abdel-Rahman. Waves of violence in the Middle East have negatively affected foreign direct inve...
The New Economic Order is expected to give the Middle East greater importance economically on the world stage, writes Ahmad Abdul-Rahman. Analysts said that the new economic corridor, which was announced during the G20 summit in India in September, includes seven quick gains for countries in the Middle East region. These are: developing and rehabil...
The continuing conflict between Hamas and Israel hampers tourism and travel and threatens to erase 3 per cent of GDP growth from the Israeli economy, writes Ahmad Abdel-Rahman in Egypt. Since the war between Israel and the Palestinians began on October 7, the negative economic effects have quickly appeared in some indicators of the Israeli economy....
It is difficult to estimate the economic and political losses that will be incurred as a result of the war between Israel and Hamas. However, there is information that suggests the war has already cost Israel and other countries in the Middle East billions of dollars, both economically and in terms of human lives. What could a long war mean? Ahmad ...
The atrocities that Hamas carried out in Israel highlights the stark differences in views that exist between Israel and Hamas, writes Ahmad Abdel-Rahman from Egypt. There is no event in the history of the Palestinian resistance that is on the level of what Hamas did. It not only caused a strategic earthquake within the Middle East but it also resto...
The bias of the Western media in covering the war on Gaza is very clear, writes Ahmad Abdel-Rahman from Egypt. The lies, falsity and deception of the Western media, primarily the European and American media, which many have revered and considered the most honest and objective in the world, is not unbiased. In the past, its radio and visual media th...
Egypt is ranked first in the Arab world for foreign direct investment (FDI) growth in the first quarter of 2023, writes Ahmad Abdel-Rahman. The Egyptian government has implemented bold economic reforms over the last 10 years, the most important of which was reforming monetary policy by liberalising the exchange rate. This measure contributed to for...
The outbreak of conflict in the Middle East will push the world's central bankers to confront new inflationary trends, writes Ahmad Abdel-Rahman. Experts believe that the return of the war in Gaza will burden the global economy with new unnecessary challenges and will make the markets pay a heavy price. This comes at a time when decision-makers str...
Arab reactions regarding the sudden attack launched by the Islamic Resistance Movement (Hamas), since dawn last Saturday, on the "Gaza envelope" settlements and in the Negev in the south shows solidarity with the Palestinians, writes Ahmad Abdel-Rahman, based in Egypt. The operation is called "Al-Aqsa Flood ." Arab reactions to the "Al Aqsa Flood" ...
This article describes one journey from Jordan to Bethlehem, Palestine, at the Allenby bridge border crossing. By Lucia Dore . As a financial journalist who lived in Dubai for 8.5 years from mid-2005 to 2014 (I was head of a newswire service for the Middle East and Africa (MENA)) I travelled around the region a great deal and had many experie...
This article by Lucia Dore looks at what may happen if a wider conflict breaks out in the Middle East. The media is saturated with coverage of the war between Gaza and Israel. The killing of Israelis and the bombardment of Israeli territory by Hamas, who governs Gaza, has met with horror, terror and disgust, and questions about the future of the Mi...
The Institute for National Security Studies (INSS) in the USA recommends concluding a defence contract with the US as a shield against future threats, writes Ahmad Abdel-Rahman, from Egypt. (NB: This article was written before the current attacks by Gazans on Israel). Israel's main concern in recent days has been to discuss ways to confront the pol...
In this article, Ahmad Abdul-Rahman asks what it would take for Saudi Arabia and Israel to ensure long-lasting peace. Years ago, Israeli politicians, led by Israeli Prime Minister Benjamin Netanyahu, made statements that Israeli-Saudi peace was imminent. Most of these statements coincided with Israeli officials being exposed to internal political p...
The share of the gold reserves of 10 Arab countries rose to more than 1,515 tonnes in September amid expectations of an increase in the precious metal, writes Ahmad Abdel-Rahman. A recent report revealed that gold reserves in Arab countries amounted to 1,515.1 tonnes out of a total of 35,664.5 tonnes in the world's countries combined, with 10 Arab ...
The value of the Egyptian pound has been cut four times since 2016. Will it happen for a fifth time? Speculation on the black market is declining, says Ahmad Abdel-Rahman. Almost all the commentators that follow the dollar exchange rates in Egypt on social media platforms talk about the likelihood of a fifth float of the pound against the US dollar...
Lebanon is still paying the price for the civil war, and no one wants another war because the country is bankrupt, writes Ahmad Abdel-Rahman. There were multiple dates and conflicting promises regarding the election of a Lebanese president. September 1, 2022, was the beginning of the two-month constitutional deadline for electing a president to suc...
Relations between Cairo and Tehran have seen many ups and downs, says Ahmad Abdel-Rahman. In this article, he sets out the issues. A review of Egyptian-Iranian relations raises more questions than answers. Given the détente that the region is witnessing in terms of reconciliations and easing of tensions between Iran and the Gulf states, Iran's curr...