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
Seeking trade incentives, Palestinian businessmen develop economic ties with Israel Palestinian businessmen flout political taboos by meeting with Israelis for business. Palestine
Egypt plans new maritime line to East Africa for increasing exports The Egyptian government will soon inaugurate a new maritime line from the port of Ain Sokhna to East African countries, with the aim of boosting trade and exports. Egypt
Group to boost Palestinian economy, cut link to Israel The Palestinian prime minister is heading a new group designed to inject vitality into the economy and strengthen partnerships among the public, private and civil sectors. Palestine
Egypt’s new free zone to serve development purposes As part of the Egyptian government development plan for Upper Egypt, a new free zone will be opened in Aswan to boost the economy, serve investors and create more jobs. Egypt
The PA moves forward in its disengagement from Israel The Palestinian government decided to appoint commercial attaches in the Palestinian embassies in a bid to promote national products abroad, which is seen as a step forward on the path of economic disengagement from Israel. Palestine
Contradictory moves to rescue Palestinian economy While the United States is pushing for an economic workshop to help Palestinians, the mood in Ramallah is defiant with ideas to build an alternative independent economy — a goal sought by the Shtayyeh government. Palestine
Can Iran rely on Russia to dodge US pressure? Iran is relying on Russia to minimize the impact of the US "maximum pressure" campaign, but Russia seems to have reservations while it also enjoys certain advantages if US-Iran tensions remain unresolved, albeit at a controlled level. Russia
Turkey’s debt-ridden Treasury mulls risky steps to stay afloat Grappling with a growing budget deficit and with little room to maneuver, Ankara has come to consider some unorthodox measures, including the high-risk idea of tapping the central bank’s rainy-day cash. Turkey
Amid protests, Lebanon’s Cabinet faces difficult choices on public sector austerity Analysts doubt that Lebanon’s Cabinet will be able to reduce the budget deficit and salvage the long-term health of the Lebanese economy without taking unpopular austerity measures, and not taking them would lead to an even more dire economic situation. Lebanon
What to do about Iran’s expected budget deficit The impact of US sanctions on Iranian energy exports is bound to cause a budget deficit in Iran, with the Rouhani administration facing tough choices ahead. Iran
Russia may have designs on Iran's trade with Syria Observers wonder whether Russia will cut into Iran's trade volume with Syria. Syria
Turkey grapples with big trade deficit with China Amid Washington’s trade war on China, Ankara is also grumbling about a massive trade gap with Beijing, but a number of factors stand in Turkey's way to resolve the deficit. Turkey
