China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Explainer King Abdullah visits China as region hedges against US unpredictability With no end in sight to the war in Iran and an unchecked Israeli policy across the region, the kingdom is hedging against future uncertainty and a less predictable US policy. China
Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Jordan's King Abdullah heads to China in first visit since 2015: What to know Ahead of the visit, King Abdullah said that Jordan hopes to expand cooperation with China in green energy, tourism and aviation. Jordan
Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington By Samuel Wendel In Washington, DC, reporting on regional business and tech
Malls reopen, antivirus measures eased as Turkish economy teeters Shopping malls, barber shops and some stores reopened across Turkey Monday as the government rolled backed coronavirus precautions with aims to bolster the battered economy. Turkey
Jordan reopens stock market after two months, value falls Jordan's stock market resumed trading after a two-month shutdown amid the coronavirus crisis, but stocks continued to fall. Jordan
Why is Turkey prioritizing shopping malls in reopening plan? Ankara’s haste to reopen shopping malls may be an effort to revive sagging consumption, but it also has to do with a tight nexus between politicians and businesses in the country. Turkey
Uber lays off 40% of Cairo office, largest in Middle East The layoffs come amid global cuts as the coronavirus pandemic sees revenues drop. Egypt
With virus numbers low, Turkey turns to ailing lira Nearly 83,000 people in Turkey have recovered from the novel coronavirus but as the government touts its success on the public health front, another fire has ignited: a record low in the lira as foreign investors flee. Turkey
Iran says it is exporting coronavirus diagnostic kits Iran announced the export of its first batch of domestically produced coronavirus diagnostic tests to Germany, saying it is receiving similar orders from other nations plagued by the pandemic. Iran
Saudi Arabia braces for economic impact Saudi Arabia and other Gulf Cooperation Council states must make dramatic cuts in spending, and not just on megaprojects, as unsustainably large annual deficits have arrived. Legacy: Gulf
Report: Private sectors in UAE, Egyptian, Saudi economies suffer dramatic losses IHS Markit, a global information provider, shows how the private sector has suffered major blows in the UAE, Egypt and Saudi Arabia. Saudi Arabia
Some Lebanese restaurants reopen with restrictions in place Not all Lebanese restaurants could afford to reopen after the government allowed them to operate at a limited capacity today. Originals
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
Despite cafes opening, Gazans still reluctant to go out Gaza restaurants are reopening their doors weeks after the lockdown, amid a low turnout of citizens who are still afraid of the coronavirus. Palestine
Lebanese protest dire economic conditions as coronavirus lockdown eases Protests have resumed in Lebanon, with many people lamenting hunger and economic strife as the country's financial crisis continues during the coronavirus lockdown. Lebanon
