Egypt secures Qatari investment boost, launches first SCZONE industrial deal Bilateral trade between the two countries rose to $143 million during the first 10 months of 2025. Egypt
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
Is Turkey’s wealth fund becoming a crisis shelter? More company rescues could be imminent in Turkey after the sovereign wealth fund acquired the control of a leading mobile phone operator at the expense of further borrowing. Turkey
Lebanon’s central bank to inject dollars as currency crashes The Lebanese pound trades at roughly 6,000 to the US dollar on the black market; Lebanese officials take action to try to get the parallel market under 4,000 to the dollar. Lebanon
Protests erupt across Lebanon as government scrambles to rein in crumbling currency Following the sectarian protests that took place a few days ago, Lebanon's crumbling currency united the Lebanese in a cross-sectarian protests in various Lebanese cities. Lebanon
Syrian government freezes assets of Assad cousin The move to seize the assets of the businessman is the latest in a dispute that began to heat up late last year. Syria
IMF emergency financing for Egypt mitigates coronavirus crunch The International Monetary Fund has approved a nearly $2.8 billion loan for Egypt to address its economy, which has been hit hard by the coronavirus crisis. Egypt
New banking regulations threaten press freedom in Turkey Recent measures seeking to limit damaging information on the financial system pose new threats to press freedom in Turkey. Turkey
Lebanese bank official arrested for alleged currency manipulation Lebanon's central bank denied the allegations; the Lebanese pound's value has decreased significantly amid the ongoing economic crisis. Lebanon
Lebanon to seek IMF assistance to help with economic crisis The prime minister said Lebanon would seek $10 billion in loans from the international financial institution after passing a reform bill. Lebanon
Israel’s largest bank admits to helping taxpayers use offshore accounts, facilitating FIFA conspiracy Bank Hapoalim agrees to pay the United States more than $900 million in connection with the two cases. Israel
Oman’s sovereign wealth fund under pressure Ahead of the prospect of a high budget deficit in 2020, assets held by the State General Reserve Fund (SGRF) plunged by about a third to $14.3 billion. Oman
Banks can't save Gulf economies Because of the way they are set up, GCC banks will have a hard time providing the funds that could help jump-start regional economies as the COVID-19 pandemic continues to take its toll. Legacy: Gulf
Turkey offers fresh money to companies, seeks donations for the poor amid coronavirus crisis While enhancing monetary expansion measures to prop up companies and banks against the coronavirus crisis, Ankara is calling for donations from the public to support the poor. Turkey