Interview Saudi labor localization will take ‘generation or two': Armada CEO Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades. Olivier Badard CEO of Armada Holding
Analysis Why the Hormuz oil shock never became an energy catastrophe The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Oil falls below $74 as Hormuz traffic recovers after Iran war Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close. Iran
Explainer Lebanon advances controversial $500K golden visa law: What to know While its supporters say the scheme would help Lebanon's economy recover, critics say it could offer a channel for corruption. Lebanon
Interview US-Egypt fund makes case for economic statecraft in hard power era Cornelius Queen Senior Vice President of the Egyptian-American Enterprise Fund
Analysis US-Iran deal delivers $300 billion controversy, reconstruction questions By Samuel Wendel In Washington, DC, reporting on regional business and tech
After unprecedented shutdown, Lebanon’s banks reopen, mitigate nationwide panic Lebanese banks have been shut for two weeks straight, not only because of the unprecedented nationwide protests but also because of the accumulation of an unresolved economic crisis. Lebanon
Why Palestinian businessmen will visit Russia As part of efforts to achieve economic disengagement from Israel and find new markets, a Palestinian delegation will visit Russia in November with the goal of boosting bilateral trade. Palestine
Palestinians seek economic disengagement through West Bank port Palestinian traders demand the establishment of a land port in Palestinian territories without Israeli conditions. Palestine
As Lebanese PM lays out reform package, protesters demand more Although the Lebanese government has unveiled a set of reforms to calm popular protests, it appears unlikely the proposal will satisfy demonstrators' demands. Lebanon
Why Israel should expand work permits for Palestinians In order to end the situation where Palestinians pay thousands of shekels to obtain work permits in an illegal manner, Israel should expand the number of permits and offer job seekers some hope. Palestine
Turkey-China economic cooperation on rise Turkey has a special place in China’s Belt and Road initiative, as confirmed by the increase in Chinese direct investment in Turkey. Turkey
Palestinians seek Egypt’s support to join free trade pact Palestinians are anxiously awaiting admittance to an Arab free trade agreement that should help reduce their economic dependence on Israel. Palestine
Is Egypt encouraging investments in gold mines? The Egyptian government plans to add the taxes and royalties system to the new amendments of the Mineral Resources Law, thus replacing the current production-sharing system in place. Egypt
Will revival of joint technical committees help save the PA? With the reactivation of joint technical committees authorized by the Paris Protocol, the Palestinian Authority is hopeful about recovering monies owed it by Israel resulting from undisclosed tax withholding information and corruption. Palestine
Turkish economy faces fresh turmoil over Syrian operation Ankara’s new military campaign in Syria has raised the specter of fresh trouble for the crisis-hit Turkish economy, but the government hopes to compensate with political gains. Syria
Why Egypt’s economic reforms aren’t enough to win over the street A new report shows significant progress in Egypt, but demonstrations are placing new pressures on President Abdel Fattah al-Sisi to do more to battle corruption. Egypt
Decision to ban e-cigarettes in Gaza sparks mockery on social media The Ministry of Health in the Gaza Strip issued a decision to ban e-cigarettes, claiming that they are bad for citizens' health, which sparked angry reactions. Palestine
