Kuwait's Zain eyes $1.5B mobile network in postwar Syria: What to know The Kuwaiti company is planning to invest more than $1.5 billion in Syria after securing a license to operate there, Bloomberg reported Tuesday. Syria
Oman's sultan meets Macron in first France visit since 1989: What to know French President Emmanuel Macron has been pushing against any form of toll for the Strait of Hormuz. Iran
Traffic plummets through Strait of Hormuz after Iran, US trade fire Shipping through the Strait of Hormuz had recovered somewhat before renewed fighting between Iran and the United States saw traffic drop sharply over the weekend. Iran
Interview Saudi labor localization will take ‘generation or two': Armada CEO Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades. Olivier Badard CEO of Armada Holding
Analysis Why the Hormuz oil shock never became an energy catastrophe By Samuel Wendel In Washington, DC, reporting on regional business and tech
After years of sanctions, Persian rugs back to brighten world markets Iran’s world-renowned handwoven carpets are already making a strong comeback in global markets following the lifting of sanctions. Iran
New industrial policy poised to transform Iran’s political economy Iran’s lighter fingerprints on foreign investment and enterprise are gearing things up for a transformation of the country’s political economy. Iran
Foreigners take hold of Turkey’s food sector Amid a series of high-profile foreign takeovers in Turkey’s food industry led by Japanese investors, many are worried that the country is losing its self-sufficiency in food. Turkey
Despite Egypt's wheat self-sufficiency plan, imports increase Egypt is importing unprecedented quantities of wheat, despite a recent expansion in cultivated lands and wheat cultivation, raising doubts about the feasibility of the government's plans to achieve wheat self-sufficiency. Egypt
Cairo seeks to boost trade with Ankara, overlooking political deadlock Tarek Kabil, Egypt’s minister of trade and industry, said it is not in Egypt’s interest to hinder trade activities with Turkey. Egypt
Turkey-EU tensions spill over to customs union accord Amid mounting bilateral tensions, Germany has ruled out talks on improving Turkey’s customs union accord with the European Union, but such sanctions might have little effect on Ankara in the short term. Turkey
Anti-dumping duties may worsen Egypt's economy Experts examine the possible motivations and consequences behind anti-dumping duties imposed on imported steel by the Egyptian Ministry of Trade and Industry. Egypt
Iraq, Saudi Arabia to reopen border crossings after 27 years As Iraq and Saudi are preparing to open land border crossings between them, trade activities are likely to resume in the next few weeks. Saudi Arabia
Erdogan targets Turkish banks over economic crisis Turkey’s president is blasting banks for making what he considers to be unfairly large profits, yet he overlooks his government's role in making it possible. Turkey
The real footprint of the IRGC in Iran's economy Given the important footprint of the IRGC in the Iranian economy, the Rouhani administration appears to be confronting the Guards by co-opting them. Iran
Clouds gather over Turkish-German economic ties Exasperated over Turkey’s disregard for the rule of law and its arrest of German nationals, Berlin has raised the specter of economic sanctions against Turkey. Turkey
One year on, Turkey's coup attempt has impacted economy Turkey's state of emergency since last year's coup attempt has been instrumental in averting a serious economic crisis, while also marking a process of "wealth transfer" through the seizure of hundreds of private companies. Turkey
