Mideast funds back Paramount's $108B Warner Bros. takeover bid Netflix appeared to have won a weeks-long bidding war with Paramount and Comcast, securing a $72 billion equity deal for Warner Bros. Discovery's TV, film studios and streaming assets, but Monday's $108 billion bid changes the calculus. Saudi Arabia
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
Israel raids exchange companies for allegedly transferring funds to Hamas Israel continues to pursue exchange companies operating in the Palestinian territories under the rationale that they have been transferring funds to Hamas. Palestine
Iran's presidential hopefuls promise big on economy, but can they deliver? While candidates for the election this Friday have a long list of promises to fix the economy, inefficiencies in Iran's political structure limit the president's ability to make lasting change. Iran
Turkish lira remains volatile after surprise dip in inflation data Turkey’s annual inflation unexpectedly dropped to 16.59% in May, according to data published Thursday. The news did not steady the nation’s currency, which slid on market concerns over an early interest rate cut. Turkey
Turkey’s lira hits record low again The currency’s drop followed comments made by President Erdogan about lowering interest rates. News Brief
Israel could get own digital coin Joining the global race, the Bank of Israel presented last week the model it recommends for the digital shekel coin. Israel
Rifts plague Libya’s central bank Although a new unity government was formed in Libya, ending years of division in state institutions, conflicts still plague some financial institutions that control the country's economy, namely the central bank. Egypt
Turkey bans cryptocurrency payments The Turkish Central Bank said cryptocurrencies like Bitcoin are too risky and forbade their use in the country. News Brief
Israel’s first digital bank now rolling Israel’s first digital bank wants to create a revolution in the banking sectors, much like Spotify revolutionized the music industry and Tesla the vehicle market. Israel
Turkish markets rattled after surprise firing of central bank head Turkey’s lira and main stock index slid about 9% Monday as markets reacted to the surprise removal of the nation’s central bank chief amid broader political turmoil. Turkey
Turkish Central Bank holds interest rate steady As forecasted, Turkey’s Central Bank policymakers held a key interest rate steady Thursday, saying they would continue working to reel in the nation’s double-digit inflation. Turkey
Cash-strapped Turkey relies on Qatari investments In only five years, Qatar has come to account for 15% of all foreign direct investments in Turkey, second only to deep-rooted Dutch investors. Turkey
