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
The interest group economics wreaking havoc on Iran's currency Absent tackling such root issues as banking and financial sector reform, Iran’s political economy is likely to continue to shape government policy to the detriment of the economy and the society as a whole. Iran
Mainstream Turkish media turn blind eye to country’s worst currency crisis Although Turkey is suffering one of the worst currency crises in its history, no single mainstream Turkish media outlet has covered the development. Turkey
Turkey steps up efforts to shun dollar As the Turkish lira plunges to a record low, some voices in Ankara are warning that the United States is furious over Turkey’s efforts to reduce its dependency on the dollar. Turkey
Turkey’s economy struggles with new political reality Turkey’s economic downturn has only grown worse since President Recep Tayyip Erdogan assumed sweeping new powers after the June polls, as some observers fear that the economy might not be Ankara’s primary concern. Turkey
China set to fill vacuum left by French carmakers exiting Iran The exit of French automakers from Iran is leaving a vacuum that appears set to be filled by Chinese auto manufacturers. Iran
Egyptian forum dreams up ways to attract expat money A recent forum for Egyptian expatriates produced various ideas on how to get emigrants to invest in their home country. Egypt
US reimposes sanctions as Iran deal crumbles With the Donald Trump administration set to reimpose Iran sanctions after exiting the nuclear deal, it’s looking less and less likely the rest of the world can salvage the accord. United States
IMF option looms larger for Turkey amid row with US Turkey’s economic woes keep growing, exacerbated by central bank inaction and simmering tensions with the United States, in what many see as an inevitable march to the IMF. Turkey
Will Riyadh-Tehran rivalry kill Iraqi Kurdistan's investment drive? A visit to Erbil by a Saudi trade delegation in late July has the potential to bear fruit in advancing economic cooperation and investment in the region, helping ease its current financial crisis, but the Saudis' move has raised eyebrows in Tehran. Saudi Arabia
Is ‘national reconciliation’ Iran's key weapon to win economic war? A top pro-reform official in Iran said national unity and reconciliation are in the making to defuse the US-led economic pressure and media war against the country. Iran
Egypt goes against IMF advice, boosting public investments The International Monetary Fund is keen to reduce Egypt's investments in the country in favor of private investment, but the new government has decided to increase the amount it will spend. Egypt
Iran arrests top state managers as anti-corruption drive forges ahead Iran's judiciary is intensifying its crackdown on state managers accused of massive fraud amid a currency crisis the country is struggling to overcome. Iran
