Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks The Future Investment Initiative, which typically attracts the CEOs of some of the biggest companies in business, finance, and technology to Riyadh, will now be held next year. Saudi Arabia
Analysis How Hormuz crisis is reshaping economic ties between Iraq and Syria Iraq and Syria are expanding trade and energy cooperation, but security risks, economic challenges and longstanding mistrust raise questions about whether their growing partnership can endure. By Shelly Kittleson In Baghdad, reporting on Iraqi politics
Syria to rejoin Arab group at IMF, leaving Russian-led constituency Syria will rejoin the Arab constituency at the International Monetary Fund beginning Nov. 1 and has applied for membership in the EBRD. Syria
Cairo food carts get street of their own Street carts selling food, books and handmade products come together on Cairo's Street 306, a new, hip space that could become the Arab world's largest food venue. Egypt
What’s next for Lebanon’s yellow vests? Analysts believe the momentum recently seen in protests against Lebanon’s state incompetence will die out, as people are losing hope. Lebanon
Report slams Jordanian governments for gross failure Jordan’s Economic and Social Council issued a report that highlighted the failure of Jordanian governments over the past 18 years to live up to their promises and meet the people’s economic needs. Jordan
Istanbul, the flashpoint of Turkey’s crisis and looming elections Turkey’s commercial capital, Istanbul, is in the grips of economic turmoil, which raises the prospect of the city’s local administration changing hands after more than two decades of dominance by political Islam. Turkey
Egyptian silk producers hope to spin profits Egypt hopes that removing tariffs on the import of silkworms will encourage young entrepreneurs to cultivate them to help meet local demand. Egypt
Iran pushes Iraq to maintain trade without US dollar Iran is pushing for an agreement with the Iraqi Central Bank to maintain trade in local currencies after dollar-base trade halted following the reimposition of US sanctions. Iraq
Gaza’s public servants outraged at Hamas’ recent spending Recent documents were leaked to the media showing that Hamas spent more than $550,000 for the celebrations of its anniversary, which raised the ire of Gaza government employees who have not received their full salaries since 2013. Palestine
Gaza traders face new taxes, import restrictions In a bid to protect national products, Hamas’ Ministry of National Economy in Gaza imposed new taxes on imported goods and banned traders from importing any goods without its consent. Palestine
Israeli factory to be established in Gaza, is this possible? Israel’s SodaStream announced it will open a manufacturing plant in the Gaza Strip, raising eyebrows since the company was forced to close a factory it previously operated in the West Bank under pressure from the boycott, divestment and sanctions movement. Palestine
Iran consumer prices remain stubbornly high despite rial recovery Despite the Iranian national currency's comeback, consumer prices have yet to see commensurate drops due to price rigidity and uncertainty over the country's economic future. Iran
Egypt to take charge of Tanzania dam construction Egypt and Tanzania recently signed a contract allowing Egyptian companies to build a hydroelectric dam in the African country, which experts say will help boost Egypt’s economy. Egypt
Egypt preparing for stage 3 of Victoria-Mediterranean project The first phase of feasibility studies for the Victoria-Mediterranean Waterway Project will soon conclude, but funding for the next phase is still to be determined. Egypt
