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
Israel hails Saudi agreement to open skies to all airlines Riyadh has decided to allow flights from Israel to cross Saudi airspace, significantly cutting flight times to the Far East. Israel
Will Tunisia, Algeria relations recover through land border reopening? Several issues, including gas and the dispute over the Western Sahara, continue to linger over the tense Algerian-Tunisian relations, despite the reopening of the land borders between the two countries. North Africa
India’s use of rupee for import, export payments could boost Iran trade Iran is seeking to boost trade with both Russia and India at present. Iran
Iranian pharmacy has new take on 'wall of kindness' The measure helps poor people obtain medicine amid rising inflation in Iran. Iran
Flydubai suspends flights to Sri Lanka as Emirates, Etihad keep flying Sri Lanka is experiencing mass unrest over its deteriorating economic situation. Legacy: Gulf
Unprecedented inflation hammers Iran Iranians have grown accustomed to high inflation and rising prices, yet recent macroeconomic trends are unprecedented. Iran
Lebanese cook over wood as high gas prices persist Desperation is one of the few commodities Lebanon does not lack as the financial burden of securing necessities such as cooking gas grows heavier. Lebanon
Emirati port operator, Uzbek oil company to open trade hub, cooperate on freight Other Middle Eastern states are also seeking better economic relations with Central Asia. Legacy: Gulf
Lapid’s greatest election challenge will be skyrocketing cost of living Prime Minister Yair Lapid has only four months to show Israelis he can do something about the continuously-increasing cost of living and high housing prices. Israel
Saudi fast food giant ready to challenge KFC in Egyptian market The introduction of Saudi fast food chain Albaik to Egypt is part of the $7.7 billion investment package announced during the recent visit of Saudi Crown Prince Mohammed bin Salman to Cairo. Saudi Arabia
Egypt’s growing fintech ecosystem transforms country’s finances A population of over 100 million, young, largely unbanked, with a high penetration of internet and mobile subscriptions paves the way for innovation in Egypt's fintech sector. Egypt
Abu Dhabi port operator acquires stake in Egyptian shipping firms Gulf countries are interested in buying Egyptian assets as the country’s economy falters. Egypt
