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MENA economies remain depressed 3 years after Arab Spring  Join our daily free Newsletter

MENAFN - 16/01/2014
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(MENAFN) The economies of Middle East and North Africa (MENA) countries remain depressed three year following the Arab Spring, Arab News reported



According to a report by the World Bank, turmoil in #Egypt and #Tunisia and the civil war in #Syria and its ramifications on #Jordan and #Lebanon has weakened the countries' economy



The Industrial production in the oil-importing countries in the MENA egion fell 3.6 percent in the three months to October, 2013, mainly due to a plunge of 44 percent in Egypt




The tourism sector was also significantly hit by the troubles in the oil-importing countries due to the civil in #Syria and the political issues in #Egypt which seeped through to neighboring #Jordan and Lebanon. Tourist arrivals in the countries dipped 57 percent in the three months to September

 
 


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