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
Iranian shareholders face rocky road ahead While the Tehran Stock Exchange has recently reversed its downward trend, fundamental interest rate and exchange rate reform are necessary to maintain the upward momentum. Iran
Iranian Foreign Ministry set for sweeping change Having spent most of his first term negotiating the nuclear deal, Iran’s foreign minister is now set to implement sweeping structural changes in the Foreign Ministry. Iran
New Suez Canal income slowly sinking The new Suez Canal is now two years old and facing public scrutiny, as it is far from achieving what officials pledged. Egypt
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
