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
Iranian president under fire in heated parliament session Iranian lawmakers said they were not convinced by President Hassan Rouhani's responses to questions that centered mainly on economic grievances. Iran
How crisis with US dealt fresh blow to Turkish press The depreciation of the Turkish lira, fueled by the crisis between Ankara and Washington, has raised the cost of imported paper enormously, pushing already-struggling publications to the brink of collapse. Turkey
Rouhani’s economy minister impeached Just one year into his second term, Hassan Rouhani’s economic team has come under fire with two ministers impeached in one month. United States
Iran turns to economic zones to encourage balanced growth Iranian lawmakers have approved a bill to establish a series of new special economic zones to counter the country's uneven development. Iran
Will Egypt's public sector get longer weekend? The Egyptian government is considering adding Thursdays to the weekend for public sector employees. Egypt
Russia, Turkey seek greater engagement amid US sanctions Russia plans to lift visa requirements for some Turks and to begin delivery of the S-400 missile-defense system to Turkey next year in an attempt to further sway Ankara away from the United States. Turkey
New group forming to alleviate poverty in Palestinian territories As part of the Palestinian Authority's efforts to end poverty, the Islamic Development Bank has set up an investment fund allowing the new Palestinian People’s Economic Empowerment Institution to have its own budget. Palestine
Sanctions, profiteering put Iranian newspapers in a bind A paper crisis exacerbated by US sanctions is weighing down Iranian daily newspapers, which are resorting to everything from closures to online paywalls. Iran
US sanctions put nearly half a million jobs at risk in Iran’s auto parts industry Auto parts suppliers in Iran warn that US sanctions coupled with domestic mismanagement are bringing their industry to its knees. Iran
Who is at the sharp end of Turkey’s currency crisis? After years of bold borrowing from abroad, Turkish conglomerates, including government cronies, are sitting on a powder keg as the country’s currency turmoil keeps augmenting their debt repayment woes. Turkey
Is there hope for reforming Libya’s shattered economy? In an interview with Al-Monitor, Libyan Economy and Industry Minister Nasser al-Dersi talks about the Government of National Accord’s new economic reform program and the challenges it faces. Libya
Saudi Arabia’s diplomacy has costs Saudi Arabia's diplomatic decisions since King Salman took over the rule of the kingdom in 2015 have caused much controversy, with the bombing of a school bus in Yemen and the row with Canada over a tweet as recent examples. Saudi Arabia
