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
Al-Bab’s historical covered marketplace back in business Store owners at a market in al-Bab have reopened their shops, which were heavily damaged in the fight against the Islamic State. Syria
Egypt turns jails into economic hubs to outpace inflation As commodity prices continue to increase, Egyptians are resorting to products made in prisons under the government’s policy to encourage detainees to work and learn trades. Egypt
Sudan, Egypt mend fraying ties Sudan decided to lift the ban imposed on Egyptian imports more than a year ago, which raises questions about the impact of this decision on the Egyptian economy in the coming period. Egypt
Turks spooked as government's inflation efforts fall flat Inflation has hit a new recent high of 25% in Turkey and the president's son-in-law and finance minister is struggling to convince the public his anti-inflation plan is getting anywhere. Turkey
Egypt facilitates investment opportunities in Africa The Egyptian government plans to create an investment risk insurance fund to encourage Egyptians to invest more in the African continent and to help strengthen and deepen relations with African nations. Egypt
PA, Turkey closer than ever The death of Saudi journalist Jamal Khashoggi seems to have strengthened Turkey's position in the regional competition with Saudi Arabia. Saudi Arabia
Smuggling surges as US sanctions hit Iranian rial The Rouhani administration may not be responsible for the US sanctions hitting the Iranian economy, but it is responsible for the damage caused by smuggling and other harmful activities resulting from misguided foreign exchange policies. Iran
Turkey’s crisis-hit construction sector threatens big fallout Once a driving force of economic growth, Turkey’s construction sector is among the first victims of the country’s economic turmoil, threatening a contagion effect on an array of other sectors. Turkey
Syrian businessmen succeed in Turkey Syrian businessmen continue to partner with Turks in Turkish enterprises, even though such Turkish sponsorship is no longer required by law. Syria
Egypt to bridge 4% of budget deficit through elections Egypt’s National Elections Commission is set to impose a fine on Egyptians who did not take part in the March 2018 presidential elections. Egypt
How Palestinian exports of $1 billion impact trade deficit Governmental and nongovernmental parties in Palestine are trying to support the export sector in a bid to reduce the trade deficit and dependency on the Israeli economy. Palestine
Putin, Sisi take Russia-Egypt relations to 'strategic level' Moscow and Cairo signed a strategic cooperation agreement that is supposed to open new venues for bilateral relations in the military, political and cultural domains. Egypt
