China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Explainer King Abdullah visits China as region hedges against US unpredictability With no end in sight to the war in Iran and an unchecked Israeli policy across the region, the kingdom is hedging against future uncertainty and a less predictable US policy. China
Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Jordan's King Abdullah heads to China in first visit since 2015: What to know Ahead of the visit, King Abdullah said that Jordan hopes to expand cooperation with China in green energy, tourism and aviation. Jordan
Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington By Samuel Wendel In Washington, DC, reporting on regional business and tech
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
US, Egypt conclude first 'strategic dialogue' under Biden In a joint statement, the two countries pledged to continue their dialogue on the US-Egypt strategic partnership, regional cooperation and human rights. Egypt
Israeli, Jordanian economy ministers sign West Bank export deal In their meeting Nov. 3, Economy Minister Orna Barbivai and Jordanian Minister of Industry, Trade and Supply Yousef Alshamali agreed to expand the list of materials and products Jordan could export to the West Bank. Israel
Turkish inflation nears 20% on rising food, energy costs While Turkey’s latest official inflation figures beat expectations, raising some concerns over data integrity, consumer prices are expected to keep rising amid growing global energy costs. Turkey
Iran’s plan to get rid of the subsidized exchange rate Iran's subsidized exchange rate has failed to prevent the downfall of the rial — and a move to do away with it could actually help the economy. Iran
World Bank approves loan to Egypt, praises government for growth during pandemic The loan accompanies various reforms, including actions to increase economic participation of women. News Brief
