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
Fuel shortage, long queues anger Tunisians Tunisians are growing angry amid successive crises, most recently a fuel shortage, while the government sits idle. North Africa
UAE and Japan agree to visa-free travel The two countries also recently pledged to boost economic, industrial and energy cooperation. United Arab Emirates
Gazan workers fall prey to brokers claiming to offer work permits Amid the poor economic conditions and as thousands of Gazans seek to obtain work permits inside Israel, fraudulent brokers have spread in the besieged enclave claiming to be able to secure permits. Palestine
Egypt venture capital firm for startups develops solutions to climate change The Climate Resilience Fund targets nature-positive and sustainable projects that address mainly land and sea misuse. Egypt
Egypt's released political prisoners get economic aid A presidential initiative puts former political detainees on economic track after their release. Egypt
Egypt freezes Russian MIR payments to avoid US sanctions Acceptance of MIR bank cards would have eased Russian tourists’ payments inside Egyptian hotels and resorts. Egypt
Egypt claims wheat self-sufficiency despite Ukraine war Over the past three months, Egypt has bought 3.5 million tons of wheat from local farmers as it works to achieve self-sufficiency and weather the effects of the global crisis caused by the Russian war on Ukraine. Egypt
Egyptian pound hits nominal record low ahead of IMF deal The global economic storm has put a lot of pressure on the local currency, which nevertheless remains strong against other currencies. Egypt
Saudi minister meets with Google, Zoom in California The official visit comes as Saudi Arabia seeks to grow its industrial sector. Saudi Arabia
Syria and Iran lower tariffs per free trade agreement Syria and Iran signed a free trade deal more than 10 years ago but are still working out the details. The two countries are not major trade partners despite being political and military allies. Iran
From homes to guesthouses: some Lebanese find ways to survive economic meltdown Despite Lebanon's worst financial crisis since its civil war, guesthouse investment is growing as rural tourism soars, generating much-needed revenue for its cash-strapped citizens and empowering local communities and talents. Lebanon
Lebanon to shift to new official lira-to-dollar exchange rate Lebanon is shifting to a new official exchange rate to the US dollar, three years after an unprecedented financial and economic crisis that has plunged a large portion of its population under the poverty line. Lebanon
