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
UAE diversification strategy lags despite growth in oil sector The United Arab Emirates is struggling somewhat with its economic diversification project as oil prices remain relatively low. Legacy: Gulf
Egypt flips its wig over cost of imported cosmetics Economists say Egypt's trade balance needs to be reduced, and some see one way of doing this by reducing imports of cosmetics and wigs. Egypt
Why attempts to reform budget structure might hit a dead end in Iran While Iran's Planning and Budget Organization has ambitious plans for resolving the country's budgetary problems, upcoming elections, a lack of relevant data and other issues are blocking the path to these goals. Iran
Intel: Democrats double down on probe into Trump’s Saudi nuclear dealings House Democrats on Tuesday shed more light on a years-long lobbying campaign in which Saudi Arabia and the US nuclear industry worked with some of President Donald Trump’s key allies to secure a favorable civil nuclear agreement. Saudi Arabia
Golden Triangle to boost development, increase investments in Upper Egypt Egypt is preparing to launch work on the Golden Triangle project in Upper Egypt, with the aim to develop the region, boost the economy and create job opportunities. Originals
PA mulls over importing fuel from Iraq The Palestinian Authority weighs its options to import fuel from Iraq through Jordan as a step toward economic disengagement from Israel, but will the Paris Protocol allow it to do so? Palestine
Palestine, Jordan boost economic ties The Palestinian Authority and Jordan are in the process of establishing a logistics zone to facilitate and expand the bilateral trade exchange and boost import and export, within the framework of the PA's plan of breaking away from the Israeli economy. Palestine
Turkey’s current account deficit shrinks, but budget gap widens Turkey’s chronic current account deficit has fallen to a 16-year low, but this ostensible improvement is hardly the outcome or harbinger of sound economic headway. Turkey
Egypt evaluates digital upgrades, prepares for more The Egyptian government is reporting advances toward achieving its goal of digital transformation in all sectors. Egypt
Iranians floored by sky-high housing costs A proposal by some Iranian parliament members designed to help renters could leave them locked out instead. Iran
Will this mall put Beirut's fruit vendors out of business? A new mall for produce, scheduled to be opened next year, will test Beirut's attachment to traditional markets and street vendors. Lebanon
Sisi transfers control of northern Sinai port to army for security reasons Egypt’s President Abdel Fattah al-Sisi issued a decision to transfer control of el-Arish port in northern Sinai to the armed forces, a move critics say tightens the army’s grip on the country’s institutions. Egypt
