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
Kuwait charts new path in changing region Kuwait is carefully positioning itself among its Gulf neighbors as a regional trading hub looking to enter the Chinese and Asian markets, while maintaining its regional relationships and alliance with the West. Legacy: Gulf
PM Shtayyeh discovers genuine love for Palestine in Iraq The state visit by a Palestinian delegation headed by Prime Minister Mohammad Shtayyeh to Iraq appears to have produced a number of economic and political breakthroughs that will contribute to Palestinian economic independence. Palestine
Can Russia, the US find new basis for cooperation in Syria? A US-Russian quid pro quo in Syria may still be possible if the parties get down to the nitty-gritty of their respective interests in the country. Legacy: Gulf
Turkey removes Arabic shop signs as refugee problem simmers Arabic shopfronts have fallen prey to growing popular resentment over Syrian refugees in Turkey, fueled by the country’s economic downturn and cultural wars. Syria
Gaza constructors to work in Arab countries The Palestinian Contractors Union has convinced Arab markets to employ Palestinian contractors, amid the regressing construction sector in the Gaza Strip. Palestine
Egypt weighs pros and cons of IMF loan As the IMF reform program with Egypt is set to come to an end in August, future cooperation agreements between the two sides are yet to be revealed as experts weigh the pros and cons of the program. Egypt
Ankara goes on risky quest to cut interest rates Bent on lowering interest rates, Turkey’s president took the extreme step of ousting the central bank governor, but his insistence on rate cuts is fraught with risks that could fan fresh economic turmoil. Turkey
Can West Bank break free economically from Israel? The Palestinian government has decided to kick-start its economic disengagement plan from Israel in the city of Hebron. Palestine
Is Lebanon caught in the crossfire of the current US-Iranian standoff? With Iranian-backed Hezbollah playing a role in Lebanon's government, how much might the country suffer in case of a military confrontation between Washington and Tehran? Iraq
Palestinian PM turns to Jordan first The Palestinian prime minister’s visit to Amman has given a boost to the potential that Jordan can provide a serious alternative to economic dependency on Israel. Palestine
China deepens ties with UAE with industrial investment Deals worth billions of dollars between China and the United Arab Emirates reflect China's major status as a partner in the Middle East. United Arab Emirates
Corrupt economy fuels Algerian revolt The North African country’s rentier model is collapsing. Algeria