Canada becomes latest Western country to lift Syria sanctions: What to know Like the US, Canada had strained relations with Syria during the civil war but is now showing signs of engagement. Syria
Analysis Egyptians in for another expensive Ramadan despite recovering economy Egyptians tend to spend more during the Islamic holy month relative to the rest of the year, but high inflation and low wages have reduced their purchasing power. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Meet Fahad Al-Saif, PIF exec and Saudi Arabia's new investment minister Saif previously led investment strategy at the kingdom's sovereign wealth fund and has held senior roles at the Saudi Awwal Bank and HSBC Saudi Arabia. Saudi Arabia
Saudi Arabia names new investment minister as Vision 2030 funding lags The leadership change comes as slowing megaprojects and weak foreign inflows expose gaps in the kingdom’s ambitious economic overhaul. Saudi Arabia
Lebanon’s new government has its work cut out for it The newly formed Lebanese government is in for real challenges, mainly the crisis of the collapsing Lebanese pound and debt that has reached a record level. Lebanon
Fresh currency fears loom over Turkey Despite a series of unconventional measures to keep hard currency prices in check, Turkey appears headed for fresh currency turmoil. Turkey
Lebanon to ask IMF for technical help with economic crisis Amid a deepening financial and monetary crisis plaguing Lebanon, a government source announced that the country is to officially request the IMF’s help. Lebanon
Why are more Russians buying property in Turkey? Despite political tensions between Moscow and Ankara, Russians are increasingly purchasing property in Turkey. Turkey
Will Palestinian central bank, currency ever see light of day? A Palestinian central bank has been a long time in the making, and if Israel reacts as expected, it could be even longer before the institution becomes a reality. Palestine
Turkey edges toward Islamic law with new finance rules Turkey's ruling party has imposed religious rules in the public sphere, a move that could have major implications for the country's future. Turkey
Fresh banknotes spark new economic war in Yemen The UN-recognized Yemeni government has pumped new banknotes into the country, but the Houthis are banning their circulation in areas under their control, burdening Yemenis and exacerbating problems for the already struggling economy. Yemen
Facing US sanctions, credit-fueled Turkish economy heads toward turbulence Through measures to free up capital flows, Turkey’s economy weathered the 2018 currency crisis, but analysts remain uncertain the nation’s markets can absorb more shocks as US sanctions loom. Turkey
Dollar shortage crisis in Lebanon spills into Syria The Syrian pound's value plummeted against the US dollar after the Lebanese pound depreciated. Lebanon
Will Turkish lira save economy in Syria's opposition-held areas? As Syria's currency plunges against the dollar, the opposition's Syrian Interim Government plans to replace the Syrian pound with the Turkish lira in the areas it controls. Syria
Lebanon’s real estate sector crumbles along with dreams As Lebanon’s economic crisis devastates the housing sector, homeowners are faced with increasing payments and debt tied to the dollar and rising interest rates. Lebanon
Turkey’s first 'indigenous and national' credit rating agency Turkey bought 85.05% of Japan Credit Rating Agency (JCR) Avrasya. How did a seemingly Japanese company became a national asset? Turkey
