Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks The Future Investment Initiative, which typically attracts the CEOs of some of the biggest companies in business, finance, and technology to Riyadh, will now be held next year. Saudi Arabia
Analysis How Hormuz crisis is reshaping economic ties between Iraq and Syria Iraq and Syria are expanding trade and energy cooperation, but security risks, economic challenges and longstanding mistrust raise questions about whether their growing partnership can endure. By Shelly Kittleson In Baghdad, reporting on Iraqi politics
Syria to rejoin Arab group at IMF, leaving Russian-led constituency Syria will rejoin the Arab constituency at the International Monetary Fund beginning Nov. 1 and has applied for membership in the EBRD. Syria
Oman kicks off ambitious reform project A significant revamp promises to slim down the Omani government, bring in new faces and mark the start of a new era. Oman
Jordan accuses teachers union of 'economic crimes' in crackdown Activists claim Jordanian government is applying "defense laws" to suppress dissent during economic downturn. Jordan
How megaprojects mitigated COVID-19 impact on Egypt’s labor market The coronavirus pandemic has increased the unemployment rate, but the impact could have been worse without the infrastructure overhaul. Egypt
Opting for backdoor measures, Turkey’s Central Bank holds interest rate steady Turkey’s Central Bank left a key interest rate unchanged in favor of liquidity measures Thursday in what analysts described as a “missed opportunity” to send a positive signal to the markets. Turkey
Despite dispute with Riyadh over Kashmir, Saudi-Pakistan ties remain strong Security and economic bonds mean that Islamabad’s recent disputes with Riyadh are unlikely to impact overall bilateral ties. Saudi Arabia
Israeli companies enthusiastic on deal with UAE, target Gulf market Israeli companies in the fields of cyber, water management, defense and even diamonds are lining up for launching business ventures in the United Arab Emirates. United Arab Emirates
Gulf migrant workers face crisis of unpaid wages amid pandemic Unscrupulous employers have exploited chaotic coronavirus mass repatriations to avoid paying migrant workers. Originals
Currency tumult hits Turkey’s credit-driven revival Apprehension is rife in Turkey that a loan-driven economic warm-up could devolve into major turmoil in the fall, with Ankara’s dubious management of the coronavirus pandemic feeding the unease. Turkey
Gulf investment woes, COVID economic crisis converge in Egypt Gulf state support to Egypt — whether through official aid, central bank deposits or capital investment flows — has not been consistent in the past, so will investments and aid help Egypt through a coronavirus-induced recession? Legacy: Gulf
Turkey to use 'all available' tools as currency plunges Turkey’s Central Bank says it's ready to use “all available instruments” to calm the market as the Turkish lira drops to new depths, and an interest rate hike is one of the most obvious. Turkey
Turkish lira slides 2% amid reserves concerns Turkey’s currency slumped 2% against the dollar Wednesday as concerns linger over Central Bank policies and depleted reserves. Turkey
