Here is what to know about Kuwait-Iraq maritime dispute Arab Gulf countries expressed support for Kuwait’s sovereignty after Iraq sent a revised map of its maritime borders that reignited a decades-old dispute over sea boundaries between the two neighbors. Kuwait
Qatar PM arrives in Venezuela on first trip since Maduro’s ouster: What to know Qatar is moving to shore up ties with Venezuela as the US seeks greater control over the South American country’s oil revenues. Qatar
Analysis Egyptians in for another expensive Ramadan despite recovering economy Egyptians tend to spend more during the Islamic holy month relative to the rest of the year, but high inflation and low wages have reduced their purchasing power. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Exclusive Direct Turkey-Armenia land trade to begin amid US-led Caucasus peace push New transit arrangement via Georgia cuts re-export costs, marking accelerating normalization between Ankara and Yerevan amid broader US-led peace efforts. By Ezgi Akin In Ankara, reporting on diplomacy, EU-Turkey ties, NATO
Analysis Why Algeria's nixing of UAE air deal is more diplomatic than economic By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Sweeping legal reforms aim to maintain UAE's competitive edge The new amendments will add more flexibility to a wide range of economic sectors and industries, reaffirming the UAE’s standing as a leading business hub. Legacy: Gulf
How feasible is Raisi’s economic roadmap for Iran? The ministry of finance's new set of economic goals and timelines outlines lofty ambitions but ignores the current limits that sanctions place on Iran's international trade. Iran
Erdogan appoints champion of low interest rates as new finance minister Nureddin Nebati, who has fiercely defended the president’s low rate policies, has replaced Lutfi Elvan as Turkey's finance minister. Turkey
Turkish Central Bank intervenes to curb 'unhealthy' lira losses Amid a sharp slide in the nation’s currency, the Turkish Central Bank announced it would intervene in markets and sell foreign exchange reserves Wednesday to stem volatility in the Turkish lira. Turkey
The Takeaway: Iran nuclear talks resume next week — What you need to know Turkish lira crisis hits Syria; Saudi, Syrian intel chiefs talk; Netflix drama evokes memories for Izmir’s Jews; Oman bets on logistics; Egypt, Tanzania deepen ties; Gaza’s women skateboarders — all in less than 1,500 words. By Andrew Parasiliti , Elizabeth Hagedorn , Joe Snell
Deteriorating Turkish lira hurts residents in Syria's Idlib The depreciation of the Turkish lira against the US dollar has resulted in worsening living conditions in Idlib and increased the people’s resentment against Hayat Tahrir al-Sham and the Salvation Government, which they hold primarily responsible for the economic crisis. Syria
Israel-UAE trade reaches $700 million Israel’s representative in Dubai said there is going to be a “surge” of business between Israel and the Emirates. News Brief
Food price hikes feared in Turkey after currency slump Turkish social media swirled with rumors Monday of possible bread price hikes following a record slide in the nation’s currency, and economist say the anxiety could add to inflationary pressures. Turkey
Saudi Arabia grants citizenship to prominent doctors, scholars The official Saudi Press Agency said the kingdom will grant citizenship to “experts and exceptional global talents." Saudi Arabia
Saudi Arabia welcomes multinationals to Riyadh Saudi Arabia's move to license 44 companies to open headquarters has put the kingdom in competition with the United Arab Emirates regional business hub. Legacy: Gulf
Israel’s Bennett hopes to outdo Netanyahu in relations with India Stepping into the shoes of Benjamin Netanyahu, Prime Minister Naftali Bennett makes efforts at strengthening the bilateral economic ties and the security alliance Israel has forged with India. Israel
Backlash after Islamist group in Idlib taxes olive crops The HTS-affiliated Salvation Government imposed Islamic taxes on olive crops, thus worsening farmers’ plight amid the water scarcity and drought. Syria
