Middle East

News from Middle East region

The Egyptian Pound : A New Hope

After a catastrophic economic crisis and a devaluation of 48% to meet IMF demands back in 2016 (The guardian, 2016), The Egyptian pound seems to be recovering ground even amid...
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Turkish Lira : A Year Of Turmoil

Due to the Coronavirus Pandemic, Turkey’s economy is expected to shrink on an annual basis for the first time since 2009. According to (Erkoyun, 2020) The restrictions imposed as a...
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Lebanon’s Looming Economic Collapse

Although the pandemic has contributed to the weakening of the Lebanese economy, the financial problems are long overdue and derive from the peculiar political structure developed in Lebanon. Lebanon is...
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Oil crisis wiped off $26 billion cryptocurrency market in 24 hours

Oil crash, Stock crash, Gold drops, and all crypto falls. Is there no market balance and safe heaven anymore? “I don’t think any asset is safe right now – except...
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Onecoin scam!

Sometimes fiction becomes reality, best example is  Onecoin scam. The OneCoin virtual currency scam catches not only thousands of Finnish investors but many more across the globe. Overall, around 4.5...
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OneCoin another FOMO scam

Operations Director Dr. Ruja, Mr Sebastian Greenwood and Nigel CEO of OneCoin are the leaders and associated with a pyramid scheme and manipulated the Ponci system which is a fraudulent...
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