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
Iran’s insurance industry braces for impact of US sanctions As Iran’s insurance industry awaits the re-imposition of US nuclear-related sanctions, the sector is this time better prepared for external restrictions. Iran
Can Palestine be transformed into investment hub? Foreign investments in Palestine accounted in 2017 for $1.5 billion, mostly in the tourism and banking sectors, with Palestine offering a range of encouraging incentives. Palestine
Iran's outreach to India after US exit from nuclear deal faces obstacles While Iran will likely receive political and trade support from the Indian government, Indian business with exposure to the United States will likely succumb to pressure from Washington. United States
Turkey's steel wars heat up While gearing up for countermeasures against US steel tariffs, Turkey faces a fresh challenge from regional steel producers who are increasingly targeting its own market. Turkey
Can Egypt’s Central Bank save thousands of faltering factories? The Egyptian Central Bank launched a new initiative to save more than 5,000 faltering factories by repaying their loans. Egypt
Is Turkey headed for IMF bailout? An increasing number of observers see an inevitable prospect of Turkey seeking an IMF bailout, yet the country is not on its beam-ends yet and the outcome of the June 24 polls will bear on its ability to keep its economy afloat without going to the IMF. Turkey
Will Sadr’s victory impact Russia-Iraq relations? The pragmatism displayed by Iraq's Muqtada al-Sadr indicates that Moscow-Baghdad ties will continue — or even expand — when the new government is formed. Iraq
Turkey’s agricultural decline rings alarm bells The Turkish government is under fire for mismanaging the agricultural sector, whose decline has sent food prices soaring and forced the importation of basic items such as wheat, beans, meat and even straw. Turkey
Turkish defense industry at critical juncture After significant progress on the domestic level, the Turkish defense industry has reached a challenging phase in which it needs to enhance its export capacity to ensure sustainable growth. Turkey
Egypt eyes World Cup as golden opportunity for economy After a 28-year absence, Egypt hopes to take advantage of its participation in the 2018 World Cup, hosted by Russia, to achieve some economic gains. Egypt
The unorthodox theory behind Erdogan's monetary policy Economists and investors are not buying the controversial economic theory invoked by Turkey’s president to justify low interest rates in the face of high inflation and the lira's collapse. Turkey
Egypt to float state shares to boost stock market The Egyptian government has decided to sell shares in state-owned companies as part of the series of economic reforms connected to its $12 billion loan from the International Monetary Fund. Egypt
