Ecomnews Med The Mediterranean News on Economy

• #LEBANON
• #Culture
• #UNESCO

Five years after the port explosions, Audrey Azoulay, Director-General of UNESCO, visited Beirut to take stock of the major projects being carried out by UNESCO. During her visit, the Director-General unveiled the new programs the Organization will be implementing, including the rehabilitation of the Mar Mikhael train station and the Grand Theatre, as well as support for the cultural industries of Tyre and Baalbek.

• #EGYPT
• #Investment
• #Manufacture
• #Suez

In line with its ambition to establish itself as a major player in the automotive industry in Africa, Egypt is increasing its partnerships to attract more investment.

• #ISRAEL
• #Construction
• #Employment
• #Labor

Since October 7, 2023, employment in the construction sector has partially recovered. The sector reached peak employment on the eve of the war in the third quarter of 2023, when it employed approximately 353,000 people. The outbreak of war and restrictions on Palestinian entry into the Israeli labor market led to a significant drop in the number of employees in the sector, to approximately 239,000 in the last quarter of 2023. The gradual increase in the number of foreign workers and the use of Israeli workers helped offset this decline. In the first quarter of 2025, the sector employed 336,000 people, a decrease of approximately 5% compared to the pre-war level.

• #LEBANON
• #Agriculture
• #Economy
• #Tourism

Developing Lebanon's economy, which faces major structural, political, and financial challenges, requires a multidimensional approach. What are the main possible strategies, based on an analysis of the country's economic dynamics and realities?

• #SYRIA
• #Cooperation
• #InternationalTrade

Six months after the fall of the Baathist regime, and with some international sanctions lifted at the end of May 2025, the stakes associated with reopening Syria are significant. If the political and security situation were to stabilize sustainably, Jordan could seize the opportunity for an economic recovery and position itself for the country's reconstruction.

• #JORDAN
• #Business
• #DecisionMakers
• #EconomicAnalysis
• #Economy

More than seven months after the ceasefire with Israel came into effect, the issue of Lebanon's reconstruction remains unresolved, despite significant and urgent needs.

• #ISRAEL
• #SYRIA
• #DecisionMakers
• #Economy
• #Politics

Amid historic negotiations, Syria, led by Ahmed al-Sharaa, is making peace with Israel conditional on the return of a third of the Golan Heights, according to the i24NEWS television channel.

• #IRAN
• #ISRAEL
• #EconomicAnalysis
• #Economy
• #War

The economic consequences of the war between Israel and Iran are uncertain and will depend on the intensity and duration of military operations. Initially, the impact on the Middle Eastern economies appears to be mixed. Three countries are directly affected: Iran, Israel, and the Palestinian Territories (PT). The other economies (Egypt, Jordan, Iraq, Lebanon, and Syria), which are fragile to varying degrees and already disrupted since October 7, 2023, could be indirectly affected.

• #EGYPT
• #Budget
• #Economy
• #Growth

On March 26, 2025, the Egyptian Council of Ministers approved the draft state budget for the 2025/26 fiscal year (July to June), which will soon be submitted to the House of Representatives for adoption, expected in the coming weeks. For the first time, this budget is part of a multi-year framework covering the next three fiscal years.