What role is Jordan playing in Syria's reconstruction? As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction. Syria
Iran currency dips to new low of 1.2M per dollar as sanctions bite: What to know Since US President Donald Trump took office in January, the rial has plummeted. Iran
Meloni to attend GCC summit in Bahrain as Italy deepens Gulf ties The summit is expected to focus on economic integration in the Gulf, but regional issues will likely loom just as large, including post-war Gaza and the conflict in Sudan. Bahrain
Analysis US-Gulf critical minerals ties grow in bid to weaken China’s grip on industry Saudi Arabia and the UAE are emerging as indispensable partners to the United States in its efforts to “friend-shore” a strategic sector and supply chains dominated by China. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Deals and data: Saudi Crown Prince brings growing AI ambitions on US visit By Samuel Wendel In Washington, DC, reporting on regional business and tech
Egypt, Iran, Saudi Arabia, UAE to join BRICS The Shanghai-headquartered New Development Bank, or so-called “BRICS bank”, had already admitted the UAE and Egypt as shareholders. Iran
Analysis Saudi holdings of US Treasuries hit record low, signaling push to diversify from dollar Saudi Arabia's stockpile of US Treasuries fell to $108.1 billion in June, the lowest point since December 2016. By Salim A. Essaid
Protests in southern Syria as economy worsens Syria’s economy is in tatters, and the removal of subsidies has led to relatively rare protests in government territory. Syria
Israel’s inflation drops to 3.3%, beating expectations Inflation in Israel has dropped to 3.3% from 4.2% in June, even as analysts predicted it would rise in July. Israel
Why did Turkey restrict gold imports as it rolled new economic measures? Observers believe Turkey’s new economic leadership is unlikely to take strong measures to curb inflation before Erdogan gets through local elections in March 2024. Turkey
In radical shift, Israel's El Al airline in talks to buy Airbus planes El Al is in "serious" talks with Airbus to purchase new planes but continues to negotiate with Boeing as well. Israel
Tunisia, Libya strike deal on stranded sub-Saharan African migrants Anti-migrant sentiment in Tunisia has led to a crisis on the border with Libya, adding to Tunisia’s political and economic woes. North Africa
Egypt’s headline inflation hits all-time high of 38.2% in July Surging food prices helped July’s headline inflation numbers break the record of 36.8% in June. Egypt
Egypt’s power cuts persist amid heat, declining natural gas production Egypt wants to export more natural gas, including in cooperation with neighboring Israel, but domestic production is declining amid the government’s efforts to reduce consumption. Egypt
From Beijing to Chengdu, UAE’s ENOC establishes first China jet fuel network The Dubai government-owned oil and gas company said the expansion will extend to strategic cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu. United Arab Emirates
Ukraine sanctions Israeli-Georgian billionaire accused of backing Russia Israeli press reported today that Israeli-Georgian businessman Mikhael Mirilashvili, considered close to Prime Minister Benjamin Netanyahu, was blacklisted by Ukraine several months ago. Israel
Iran’s foreign minister meets Japanese counterpart in rare Tokyo trip Hossein Amir-Abdollahian's visit to Japan comes amid mounting tensions in the region over Iran’s nuclear activities and attacks on commercial vessels in the Gulf. Iran
