Analysis Gulf finance hubs race to expand as hedge funds flock to Dubai, Abu Dhabi The Gulf’s top financial hubs have posted another strong year in 2025, with the UAE spearheading a regional push to attract hedge funds, asset managers, crypto and fintech firms as regional neighbors target growth of their own. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Maersk resumes Red Sea passage after two-year halt amid easing Houthi threat A ceasefire reached between Israel and Hamas in October has prompted some shipping companies to consider resuming services, but security concerns persist. Yemen
Analysis How Netanyahu ceded to Trump, agreed to Egypt's $35B gas deal The Israeli prime minister's frustration with Trump administration strong-arming continues, with pressure to sign Egypt gas deal and now a reported push for Sisi meeting. By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Israel's Netanyahu approves $35B natural gas megadeal with Egypt Prime Minister Benjamin Netanyahu announced Israel will sell Egypt natural gas worth $35 billion, in the biggest-ever deal of its kind for the country. Israel
Analysis Iran’s FM Araghchi in Moscow as biting sanctions drive closer Russia ties By A correspondent in Tehran In Tehran, reporting on politics
Exclusive Inside Netanyahu’s pressure campaign to block Turkey, Saudi Arabia from acquiring F-35s By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Jordan further eases restrictions after continued success against virus Jordan has had relatively few confirmed COVID-19 cases. Jordan
Egyptians returning from the Gulf face uncertain economic future While studies expect an economic catastrophe in Egypt due to the coronavirus-related recession of the Gulf economy and the resulting demobilization of thousands of Egyptians working abroad, some observers believe that the return of Egyptian workers will develop an efficient Egyptian labor market. Legacy: Gulf
Turkey to reopen border crossings with Iran, Iraq By opening two border crossings with Iran and Iraq, Turkey is seeking to boost the economy, and many businesses resume operations in the country this week. Iraq
Iran turns to bonds to solve budget crisis Tehran has chosen to issue domestic bonds to address its expected budget deficit, a policy that promises to have complex impacts on Iran's economy. Iran
Kurdish authorities in Iraq lift lockdown following protests The reimposed lockdown came amid an increase in COVID-19 cases, but people protested the lack of work opportunities due to the restrictions. Iraqi-Kurdistan
Poverty could double in the West Bank as coronavirus takes toll, World Bank warns The bank estimates the percentage of poor households in the West Bank will increase from 14% to 30% in 2020. Palestine
Oman’s public sector reform risks brain drain By letting go of thousands of foreign experts, Oman risks losing the know-how central to achieving economic diversification. Oman
In latest spending cut, Oman not renewing majority of foreign consultant contracts Contracts will not be renewed for at least 70% of foreign experts and consultants working for the Omani government. Oman
Lebanon’s economic crisis is decimating its middle class The middle class in cash-strapped Lebanon is having a hard time making ends meet as salaries have been slashed and banks are imposing informal capital control, all compounded by the coronavirus-induced lockdown measures. Lebanon
Report: Etihad Airways faces debt restructuring or possible legal action The owners of the Emirati airline's debt submitted a restructuring proposal and are waiting to hear back. United Arab Emirates
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
COVID-19 ravages Turkey’s vital clothing, textile industry Turkey’s clothing and textile sector, a vital source of employment and revenues, has become the worst-hit industrial branch in the coronavirus crisis, taking both domestic and external blows. Turkey
