Ukraine crisis threatens food supplies in parts of the Arab world
Consumers have accused merchants of exploiting the crisis in Ukraine to raise prices even though they have not yet been affected.
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Consumers have accused merchants of exploiting the crisis in Ukraine to raise prices even though they have not yet been affected.
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
Layal Aswad was already exhausted by Lebanon’s devastating two-year economic collapse. Now, as Russia’s invasion of Ukraine sends food and energy prices soaring even further, she finds herself struggling to put food on the table for her family of four. “Even bread is not something we take for granted anymore,” said the 48-year-old housewife, standing…
Russia's invasion of Ukraine has sent food and energy prices soaring even further in the Middle East, leaving families struggling to eat.
Sedco Capital, a shariah-compliant asset management advisory firm, said it has completed the additional offering of its real estate investment traded (REIT) fund, thus increasing its total asset value by 64 per cent to SR1.8 billion ($479 million).