UAE’s cash request tests US ties as Iran war strains Gulf financial muscle Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now. United Arab Emirates
How are Iran-linked tankers still moving through Hormuz blockade? At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa. Iran
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Syria’s Sharaa makes fourth visit to Saudi Arabia, first since Iran war: What to know The visit comes in light of the deepening economic relations between Syria and Saudi Arabia post-Assad. Syria
Analysis Ceasefire without relief: How Iranians are grappling with post-war repression By A correspondent in Tehran In Tehran, reporting on politics
Iran war deepens Gaza crisis as prices soar, aid falters By Daoud Kuttab In Amman, reporting on Palestinian politics
Lebanese opt for new emigration destinations amid crises Lebanon is witnessing one of the biggest waves of emigration in its history as the country faces its worst socio-economic conditions amid a worsening political crisis; Turkey, Armenia and Georgia have become new destinations. Lebanon
Lebanon's elderly population devastated by crash As one of the 16 countries in the world that don’t offer social security, older people in Lebanon are spending their last years struggling and depending on aid groups to survive. Lebanon
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