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
Palestinian, Israeli economies intertwined A tour of the West Bank city of Bethlehem makes it clear that the Palestinian and Israeli economies are intertwined. Palestine
Cash-strapped Jordan imposes new taxes; public anger ensues Economists suggest the Jordanian government should cut its own expenses and those of its staff instead of imposing taxes that add to the people’s economic burden. Jordan
Egypt seeks to increase exports to Africa Despite figures indicating an increase in the Egyptian exports to Africa, there still seem to be several obstacles facing Egyptian exports to the continent. Egypt
Iran plans revamp of national currency The Iranian Cabinet has approved a bill to remove four zeros from the national currency, the rial, and rename it the toman, but economists are divided over the potential impact. Iran
Why Netanyahu downplays historic trade agreement with South Korea Israel’s most nationalist government ever pledges to annex the occupied territories, and then approves a historic trade pact with South Korea that boycotts the settlements. Palestine
Russia ready to fund Palestinian industrial zone Palestinian Prime Minister Mohammad Shtayyeh discussed with the Russian ambassador the possibility of establishing an industrial zone in Nablus in light of Palestine’s ongoing efforts to promote its local economy and disengage from Israel. Palestine
Labor proposes taking Israel back to social-democrat economy According to the economic pre-election agenda presented by Labor head Amir Peretz, the party wants to increase Israel's external debt in order to pay for social projects. Israel
Will Egypt launch its own official digital currency? As Facebook announced it might not launch its digital currency as previously announced, experts in Egypt are debating whether the country should regulate digital currency. Egypt
Fire, redevelopment controversy engulf 127-year-old Cairo market An Egyptian presidential decision to vacate and restore the Ataba market stirs traders’ fears of the government's desire to control the largest market in Cairo and turn it into an investment zone. Egypt
Why farmers reject Egypt’s new cotton trade strategy The Egyptian government has announced a new trading system for cotton, which would be sold through public bidding, raising the ire of farmers who already suffer from severe losses. Egypt
Yemen’s farmers brace for slow pomegranate season Harvest season for pomegranates has kicked off in Saada amid fears of how a Saudi ban on importing the fruit will affect farmers, exporters and markets. Saudi Arabia
Israel’s economy victim of election campaign Israeli politicians prefer to ignore the implications of two election campaigns in one year on the market and the state deficit, which could harm the country’s credit rating. Israel
