Feature Cheap oil, tighter finances, wars constrained Mid East economies in 2025 Low oil prices, tighter financial conditions and elevated geopolitical risk hampered growth across much of the Middle East and North Africa this year. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis Egypt’s $35B Israel gas deal buys time, tests fragile energy partnership The agreement is a critical stopgap as Cairo grapples with domestic power demands, but the last two years have tested Egypt-Israel energy cooperation in unprecedented ways. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Iran currency plunges to historic low amid factional blame game As Iran's judiciary publicly rebukes the central bank over the rial's collapse, the currency crisis is no longer economic and is fast becoming a test of political accountability and regime stability. By A correspondent in Tehran In Tehran, reporting on politics
Yemeni ministries declare support for STC campaign as Gulf tensions flare Yemen's Saudi-backed government criticized the statements in support of the Southern Transitional Council, which is supported by the UAE, as Gulf states deliberate on how to move forward. Saudi Arabia
Analysis Gulf finance hubs race to expand as hedge funds flock to Dubai, Abu Dhabi By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How Netanyahu ceded to Trump, agreed to Egypt's $35B gas deal By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Putin, Khamenei agree they need each other Iran and Russia deepen energy cooperation; Iran has Hezbollah’s back; does the CIA have a back channel to Assad? Iraq
How Iran can address its informal economy Without massive reforms involving all three branches of government, Iran's ability to formalize vast swathes of its economy will remain a pipe dream. Iran
Turkey's leg of the Silk Road could be smoother Turkish officials are playing up the Baku-Tbilisi-Kars railway as a segment of the new Silk Road linking Beijing to London, but there are many bumps yet to come along the way. Turkey
Jordan considering recipe for revolt: lifting bread subsidies Jordan must decide whether to eliminate the government subsidy on bread to receive assistance from the International Monetary Fund. Jordan
Putin resets Iraqi energy landscape as Barzani steps aside Russian moves maximize leverage as US stumbles on Iraqi Popular Mobilization Units; Massoud Barzani resigns as Kurdistan Region president; Syria and Russia take initiative with regard to local governance in Syria. Iraq
Iranian banks slowly reconnect to the world While Iran works to gradually reconnect its banking system to the world, major hurdles remain, even as companies find creative solutions. Iran
Palestinian reconciliation takes its toll on new PA budget The Palestinian reconciliation will require a substantial increase in the PA budget, including new hires for security and resolving the ongoing crisis involving civil servants appointed by Hamas. Palestine
Kurdish crisis could benefit Iran-Turkey-Russia energy deal As markets react to Iraq's reclamation of Kirkuk oil fields, other countries stand ready to take advantage of opportunities being created for energy producers. Iraq
Turkey does real business with virtual money Bitcoin usage is on the rise in Turkey, where businesses in various sectors, from informatics and engineering companies to pharmacies and taxi stands, have come to accept the virtual currency. Turkey
Turkey sees 'village uprising' as rural areas hit hard by liberal economic policies In rural Turkey, farmers and livestock producers are fighting back against the government's new economic policies. Turkey
Surging imports wipe out Iran’s trade surplus Rapidly increasing imports wipe out the Rouhani administration’s positive trade balance, shining a light on the need to further promote exports. Iran
Erdogan forges ahead with his 'dream' to build a canal to rival Suez The government wants to dig an artificial waterway between Istanbul’s two seas to spur economic growth, but conservationists and economists say the Istanbul Canal will prove costly for the city. Turkey