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
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
Israel under coronavirus: Economic straits revive social protests In the spirit of the wave of social justice demonstrations in 2011, Israelis in desperate economic situations due to the coronavirus outbreak are taking to the streets of Tel Aviv. Israel
