The International Monetary Fund urged Egypt to maintain a tight monetary policy as a new round of subsidy cuts rekindled inflation worries. The Washington-based lender praised Egypt’s implementation of economic reforms as “instrumental in achieving macroeconomic stabilization, with external and fiscal deficits narrowing, inflation and unemployment declining, and growth accelerating.” At the same …
Read More »
A Dubai school has issued a notice to parents alerting them to the dangers of a video game that their children might be playing. The note sent by GEMS Wellington Academy Silicon Oasis (GEMS WSO) said the survival game Fortnite, which is available on most devices that children use, is …
Read More »
Jordan’s King Abdullah voiced his concern Wednesday over US President Donald Trump’s plans to recognize Jerusalem as Israel’s capital and move the US embassy there, saying the city is key to regional stability. Trump’s expected announcement has prompted a chorus of criticism and concern from regional and world figures — …
Read More »
Turkey’s president has warned it could sever ties with Israel if the US recognises Jerusalem as its capital. Recep Tayyip Erdogan said such a move would cross a “red line” for Muslims. A growing number of countries have urged Donald Trump not to make his anticipated announcement. Reports say the …
Read More »
U.S. Central Intelligence Agency Director Mike Pompeo said on Saturday he sent a letter to Iranian Major General Qassem Soleimani and Iranian leaders expressing concern regarding Iran’s increasingly threatening behavior in Iraq. Speaking during a panel at the annual Reagan National Defense Forum in Southern California, Pompeo said he sent …
Read More »
The Levant News Your Middle East Journal