What role is Jordan playing in Syria's reconstruction? As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction. Syria
Saudi PIF eyes $27B Japan portfolio as kingdom courts Asian investment Saudi Arabia is strengthening economic ties with Asian countries as it pursues its economic transformation goals. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi Arabia opens Nomu Parallel Market to new investors: What to know Easing investing rules and deepening capital markets to diversify the Saudi economy are key to fulfilling Vision 2030. Saudi Arabia
UAE showcases global AI ambitions with $1B Africa pledge at G20 The Gulf country is the world's top investor in Africa, with Emirati companies committing $100 billion to projects on the continent between 2019 and 2023, according to data from the Financial Times. United Arab Emirates
What’s next for Saudi Arabia’s budget balancing act as deficit doubles? The Gulf state now expects a deficit of $65.3 billion in 2025 — more than double the initial forecast — as the kingdom continues heavy spending amid weak oil prices. Saudi Arabia
Iran rial hits record low 1.13M to dollar as UN snapback sanctions resume: What to know The sanctions, which were trigged by the three European signatories to the nuclear deal, will not hinder Iranian oil exports to China, an official said. Iran
PayPal bets $100M as Middle East’s Gulf fintech giants amplify competition The move from the US payments giant comes amid a flurry of activity that has further cemented the Gulf’s fintech sector on the map for global investors — including Saudi Arabia's Tamara, which recently secured a $2.4 billion financing deal. United Arab Emirates
Saudi Arabia's PIF buys $2B majority stake in entertainment giant MBC The deal highlights the PIF’s continued expansion into the regional media and entertainment sector in accordance with Saudi Arabia's Vision 2030 agenda. Saudi Arabia
Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push Both payment platforms will use mada, the kingdom’s national payment system. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Hong Kong inks agreements with Gulf partners at BRI Summit Some 36 business agreements covering finance, technology, logistics, professional services and education were set to be signed at the event. Saudi Arabia
Saudi firm to pump $700M into economic zone developer in Africa The kingdom's Vision Invest will invest in pan-African developer Arise Integrated Industrial Platforms, which will use the funds to expand across the continent and develop green industrial ecosystems. Saudi Arabia
UK's Revolut enters Middle East fintech market with UAE licenses The Central Bank of the UAE has granted Revolut in-principle approval for stored value facilities and retail payment services licenses. United Arab Emirates
Saudi Arabia, UAE firms sign $18.5B tourism megaproject for Egypt The new deal forms part of Egypt’s Vision 2030 agenda as the government aims to secure $42 billion in foreign direct investment this year. Egypt
Saudi Arabia, UK announce over $445M in investments: What to know The agreements aim to boost bilateral trade and will also support Saudi Vision 2030 reforms to diversify the economy away from reliance on oil by the end of the decade. Saudi Arabia
Turkey's trade deficit falls to lowest level in nearly four years: What to know Turkey’s trade deficit in August shrank to $4.17 billion, its lowest level in 46 months, Trade Minister Omer Bolat said. Turkey
Egypt secures $220M from domestic, Gulf, Chinese investors for solar project Foreign investment from three countries comes at a pivotal time in Egypt’s recovery from its worst financial crisis in over six decades. Egypt
