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January, 20, 2017

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Business > Middle East
Gaza berries
Palestinian workers cover rows of strawberries to protect them from the cold during the harvest season in Beit Lahiya, Gaza Strip on Monday, Jan. 2.
 
Iran has published a list of 29 major companies from Europe and Asia approved to bid for oil and gas projects after the lifting of sanctions over its nuclear program.
 
Iran's currency plumbed new lows against the dollar on Sunday, continuing a six-month decline that has seen the rial lose some 19 percent of its value despite the lifting of sanctions.
 
Saudis flock to coffee and chocolate fair
Crowds are jamming the aisles of a Riyadh coffee and chocolate exhibition this week, as Saudis indulge the country's sweet tooth and craze for caffeine.
 
Iran seals deal with Boeing to buy 80 planes for US$16.6 bil.
Iran's flag carrier finalized a major deal with U.S. plane maker Boeing Co. to buy US$16.6 billion worth of passenger planes Sunday in one of the most tangible benefits yet for the Islamic Republic from last year's landmark nuclear agreement.
 
The IMF on Monday announced the release of the second installment of a loan for Iraq, despite continued financial difficulties with low oil prices and the fight against the Islamic State group.
 
Iran budget proposed
Iran's President Hassan Rouhani, left, hands out documents to Parliament Speaker Ali Larijani after presenting his budget for 2017-2018 on Sunday, Dec. 4, in Tehran.
 
Jordan said Monday it had chosen five international consortiums to build the first phase of a multi-million-dollar canal linking the Red Sea to the shrinking Dead Sea.
 
Iraq has to up its crude output because dwindling oil prices and the fight against Islamic State have left "a huge hole" in the economy, Foreign Minister Ibrahim al-Jaafari said Tuesday, as the OPEC cartel scrambles to agree a production cut deal.
 
Harvest in Gaza
Palestinian farmers collect potatoes during the harvest in Beit Lahia, near the border with Israel, in the northern Gaza Strip, on Tuesday, Nov. 22.
 
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