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
Congress acts to jump-start Jordan’s private sector A key House panel voted this week to establish an enterprise fund that Amman had previously resisted. Jordan
Turkey's tomato exports to Russia come at a price for Turks Turkish exporters resumed tomato sales to Russia in November after a two-year embargo, but only a month later, Turkish consumers discovered there is little to celebrate. Turkey
Turkey's 'shadowy' gold trade raises questions about Iran's involvement Unexplained rises in Turkey’s gold exports and imports have led experts to wonder whether Iran has reintroduced its trade mechanisms to circumvent international sanctions. United Arab Emirates
How Mideast turmoil boosts Turkey’s housing market Turkey enjoys a significant increase in real estate purchases by foreigners, but other foreign direct investments are on the decline. Turkey
Why is Iranian rial suddenly weakening? Inflation and other factors have caused the Iranian rial to weaken to the point where it now takes more than 40,000 rials to buy a dollar on the free market in Iran. United States
US sanctions-busting trial fails to shock Turkish markets Turkey’s financial markets remained relatively calm in the face of bribery confessions and other allegations targeting President Recep Tayyip Erdogan. Turkey
How Egyptian public workers will stay warm this winter An initiative to allow Egyptian public sector employees to buy winter clothes and pay in installments amid soaring prices could revive the stagnating garment sector. Egypt
Israeli tech puts Iranian ride-hailing startups in bind Drivers for Iranian ride-hailing companies have been using an Israeli navigation app, causing conflict between the relatively new businesses and judicial authorities. Israel
Two years after jet crisis, do Russians really trust Turkey? Russians appear to have forgiven Turkey for its jaw-dropping decision two years ago to shoot down a Russian jet, but forgetting is another matter. Turkey
Designers bring local talent back to Beirut’s souks Development company Solidere has invited Lebanese artisans to take over empty spaces in Beirut's Gold Souk, which now hosts a fashion school, workspaces and boutiques selling local handmade products. Lebanon
Iran moves to stamp out corruption opportunities in customs The Iranian government is moving to eliminate customs evasion, a major point of revenue loss and corruption. Iran
Long road ahead for Iran’s medicinal plants industry Once the world’s top exporter of medicinal plants, Iran now faces a multitude of obstacles to keep this industry on track. Iran
