Theme

Economy

Stories related to finance and economics.

Scroll down to see all articles
Editor's choice
Opinion
From Frozen Ties to Open Skies: Turkish Airlines to Connect Armenia and Türkiye
Trending

From Frozen Ties to Open Skies: Turkish Airlines to Connect Armenia and Türkiye

2 October 2025
“Welcome to Armenia,” the pilot’s voice came over the tannoy as the Turkish Atlasjet flight touched down in Yerevan some time in 2011. “The temperature outsider is…” A normal announcement on any flight. This one, however, came in Turkish before being repeated in English. In Armenia. That was 14 years ago now. Despite the lack of diplomatic relations between the two countries, the flights have existed for years albeit with some interruptions and later operated by Pegasus and Flyone.
Onnik James Krikorian
Editor's choice
News
Ethiopian dam upsets Egypt, whilst China plays a difficult game
Trending

Ethiopian dam upsets Egypt, whilst China plays a difficult game

14 September 2025
Ethiopia last week opened its mega dam on the River Nile, the Grand Ethiopian Renaissance Dam (GERD). The launch has sparked a tense diplomatic battle between Ethiopia and Egypt, with Cairo denouncing it as “an unlawful unilateral act” and protesting to the United Nations Security Council. During an inauguration ceremony on Tuesday (9 September) Ethiopian Prime Minister Abiy Ahmed described the US$5 billion Grand Ethiopian Renaissance Dam as a “symbol of Ethiopian unity and national achievement". Several regional leaders, including Kenyan President William Ruto and Somalia’s President Hassan Sheikh Mohamud, attended the event. Egypt, whose life has historically centred around the River Nile, believes the dam will threaten its water supply and cause shortages. Following the inauguration, Cairo warned that it reserved the right to take all measures provided for under international law and the UN Charter to “defend the existential interests of its people”. Sudan, has also raised concerns about dam safety and the risk of uncoordinated water releases.

Filter archive

Publication date
Editor's choice
News
Brussels hosts 6th EU-GCC Business forum
Trending

Brussels hosts 6th EU-GCC Business forum

25 November 2022
The EU and the GCC have underlined their commitment to expanding cooperation during the sixth joint business forum held at the Residence Palace in the European Quarter of Brussels on Thursday, 24 November.  "This meeting is both welcome and timely, given the very challenging global developments we have faced, and continue to face, in 2022," said European Commission Executive Vice-President Valdis Dombrovskis in his keynote speech to the gathering. Dombrovskis said that "in this challenging environment, the EU is fully committed to strengthening economic ties between our two regional blocs. By developing our areas of mutual interest, by working in a more collaborative way, we can achieve real benefits.  "The EU is guided in this important work by our Communication on a 'Strategic Partnership with the Gulf, published in May of this year. The strategic aim of this roadmap is clear: we want to broaden and deepen our cooperation with the GCC and its member countries. We view the Gulf as a dynamic neighboring region, and an important gateway between Europe, Asia and Africa."
Subscribe to Economy