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ECONOMY
Amazon fires more than 18,000 employees
Amazon, US-based e-commerce company, is planning to fire more than 18,000 employees on January 18, according to a memo from CEO Andy Jassy shared with employees. " We are working to support those who are affected and are providing packages…
Syrians fight fuel crisis with firewood and other natural resources
After the crucial effects of fuel crisis and the U.S sanctions, most of the Syrian population have began benefiting from firewood as a heating source.
"Firewood is healthier and is around 50% cheaper than regular fuel. It also gives more…
Tunisia’s economy to grow by 1.8 percent in 2023, minister says
Tunisia's inflation rate is expected to reach 10.5 percent in 2023, up from 8.3 percent in 2022, according to Minister of Economy and Planning Samir Saied at a press conference to present the country's finance law for 2023.
"The year…
‘phone registration tourism’ to Batumi
Thousands of Turkish people flocked to the Sarp Border Check-Point next to Georgia to register their phones brought from abroad before the incoming increase in registration fee takes effect by the next year. Tour companies have started…
annual home decoration expo in tunisia fails to draw visitors
The annual Dar Deco Exhibition in Tunis, the biggest home decoration and design exhibition of Tunisia that had attracted at least 100,000 every year, could not draw as much interest due to the worsening economic status of the country.…
Egypt’s Suez Canal generates 7.9 bln USD in 2022
Egypt's Suez Canal has generated a record-breaking revenue of 7.932 billion US dollars in 2022, according to the chairman of Egypt's Suez Canal Authority (SCA). "The revenues of 2022 are the highest in the SCA's history," Osama Rabie told…
Algeria holds 30th national production fair
The 30th Algerian Production Fair in Algiers that from agricultural items to military vehicles and artillery, home decor to machinery and equipment will be displayed by 600 Algerian enterprises, showcasing the "Made in Algeria" trademark.…
EU agrees on €180 price cap for natural gas
EU energy ministers agreed on price cap of 180 euros per megawatt-hour for natural gas in a meeting in Brussels, the capital of Belgium. After the meeting, EU Commisioner for Energy Kadri Simson and Czech Industry and Trade Minister Jozef…
Oil workers strike in Iran
Employees of Pars Petrochemical Company staged strikes and protests in various cities of Iran demanding regulation of working conditions, increased wages and retirement rights.
In the footage shared on social media, the workers addressed…
Nearly 1 billion euros raised at Ukraine support conference
After Ukrainian President Volodymyr Zelensky demanded 800 million euros from European countries for Ukraine's electricity import needs, approximately 1 billion euros were collected at the "Standing with the Ukrainian People" conference held…