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
Why Iran must seriously act to address rent seeking While the top elites of the Islamic Republic are recognizing the need to address mismanagement of the Iranian economy, the core issue remains the rent seeking that is thwarting genuine reform. Iran
Iran hedges bets on EU, China with focus on trade with neighbors Beyond engaging with Europe and major global trading partners such as China, Iran is looking to its neighbors to blunt the impact of US sanctions. Iran
Ongoing blockade will cause Gaza to explode in the face of Israel, Hamas warns Employees are being laid off and shops are closing down in the cash-strapped Gaza Strip, while the World Bank warns that the economy is collapsing after a decadelong blockade. Palestine
Ankara pins electoral hopes on ignoring economic realities The Turkish government’s vacillations and zigzagging in the face of the country’s economic woes reflect how squeezed it has become economically and politically and how concerned it is about it with elections scheduled for March. Turkey
Will the PA be able to invest in Area C? Palestinian Prime Minister Rami Hamdallah demanded that the Palestinian Authority be allowed to invest in Area C, considering it a way to achieve development, create jobs and increase the Palestinians' GDP. Palestine
How will Basra be affected by the closure of US consulate? Officials and experts in the city of Basra warn of the massive negative effects on the city following the US State Department's decision to close its consulate there. Iraq
Europe’s big eggs in Turkey’s economic basket Economic concerns lie at the heart of Turkey’s moves to repair ties with European countries, which, in turn, are open to Ankara’s overtures due to the significant stakes they have in the ailing Turkish economy. Turkey
“Made in Jordan”: Are consumers buying it? The “Made in Jordan” campaign has been trying to instill a sense of pride in locally produced goods with the long-term goals of boosting industry and decreasing unemployment. Jordan
Consumer prices dropping in Iran as currency regains value Consumer prices are reportedly dropping in Iran after a period of untamed jumps rarely seen in the country's recent history. Iran
How Iran’s quasi-state firms intensify currency crisis The clash between the Rouhani administration and Iranian petrochemical companies over foreign currency earnings is another chapter in the battle between the government and quasi-state actors. Iran
Egyptian MPs visit Ireland to boost economic ties An Egyptian delegation visited Ireland to boost economic relations between the two countries, while focusing on the exchange of expertise in the field of livestock. Egypt
Turkey steps up ties with Palestinian Authority Turkey and the Palestinian Authority have signed new agreements, indicating Ankara intends to broaden official dealings with the PA, but limit its financial assistance to the Gaza Strip to relief agencies. Palestine
