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
Al-Monitor/Premise Turkey poll: Erdogan, Kilicdaroglu statistically tied in election runoff The poll found the economy, refugees and justice stand out as the top three issues that the country faces, with 71% of respondents favoring an imminent return of refugees in the country. Turkey
Qatar Airways struggles to rebound in China with post-COVID labor shortages CEO Akbar Al Baker said that his airline was seeing a huge demand for travel post-pandemic but a “massive shortage” of capacity due to supply chain issues. Qatar
Qatar rolls out $275M market program in latest foreign investment push The Qatar Investment Authority is setting up a market-making initiative to draw in more foreign investor interest and build up its capital markets. Qatar
Double trouble: Lebanon’s Salameh gets second arrest warrant from Germany Riad Salameh is under increased scrutiny in Europe on suspicions of money laundering at a time Lebanon is grappling with a deteriorating financial and economic crisis. Lebanon
Turkey Elections: Currency fears grow ahead of presidential runoff Turkey’s foreign exchange crunch has become so grave that the authorities would even go for limiting cash withdrawals from credit cards to keep the Turkish lira from plunging. Turkey
How much trouble is Lebanon's Riad Salameh in after Interpol's red notice? Days earlier, the French judiciary issued an international arrest warrant for Riad Salameh after he failed to show up at a hearing in Paris over his alleged involvement in an embezzlement case. Lebanon
Germany, Italy hold talks with Saudi Arabia, Qatar to strengthen energy ties Italy is looking for capital from Saudi Arabia's Public Investment Fund for a new fund Rome is setting up to help domestic companies in strategically important sectors. Saudi Arabia
Analysis How a prolonged war in Sudan could threaten global fizzy drink supply Sudan is the world's leading supplier of gum arabic, an essential ingredient in fizzy drinks that acts as an emulsifying and separating agent. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iran, Russia ink $1.6 billion rail deal to rival Suez Canal Iran and Russia agreed to build a railway between two Iranian cities as they continue to develop their trade relations despite US sanctions. Iran
Coinbase 'welcomed' to Abu Dhabi's Hub71, hinting at new base in UAE Coinbase CEO Brian Armstrong said at a Dubai-based tech event that the UAE could serve as a hub for parts of the Middle East, North Africa and Asia. United Arab Emirates
UAE official discusses cooperation with Iran’s roads minister The UAE and Iran continue to maintain cordial economic and political ties, despite US pressure. United Arab Emirates
Egypt’s economy braces for new hit from Sudan conflict Egypt fears that a prolonged conflict in Sudan, a major market for its exports, will add to its economic hardships. Egypt
