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
Absence of government, parliament negatively affects Tunisia’s economy The complex political and economic scene in Tunisia is deepening concerns over the negative economic repercussions on the sovereign ratings of the economy and the business and investment climate, as political experts warn of an unprecedented economic disaster. Tunisia
Israel opens Chinese-run terminal at Haifa port Biden's CIA director raised concerns about Beijing's growing investment in Israel, according to a report. Israel
Turkey’s record growth rate belies murky economic prospects Eager to woo back disgruntled voters, Erdogan appears bent on stimulating economic growth at the risk of stoking Turkey’s currency troubles. Turkey
Will Riyadh's efforts to Saudize workforce reduce unemployment? Saudi Arabia’s quest for regional economic leadership sheds light on the largest reserve of citizens in the Gulf Cooperation Council, reigniting debate over localization policies. Legacy: Gulf
Turkey views ties with Ethiopia as key to influence in Africa Turkey’s quest for normalization with Egypt and a new beginning with Sudan hinges on how far Ankara takes its relations with Ethiopia amid a simmering water dispute in the region over Ethiopia’s mega dam on the Nile. Turkey
Afghan chaos further incentive for India’s efforts to strengthen ties with Iran The recent rise of the Taliban in Kabul has expedited New Delhi's efforts to boost ties with Iran, which is positioned to be India's main corridor to Afghanistan, yet major challenges remain. Iran
Egyptians hoard gold jewelry The price of gold in Egypt has declined, amid growing demand for jewelry. Egypt
Israel loosens restrictions on trade, travel from Gaza Israel is reopening the Erez pedestrian crossing to merchants and businesspeople after closing over coronavirus concerns last year. News Brief
Israeli budget approved in victory for Arab coalition party The big winner of the approval of Israel’s 2021 state budget is the leader of the Arab coalition party Ra’am, Mansour Abbas. Israel
Middle East economic outlook hinges on vaccinations Five countries to watch: Tunisia, Iran, Iraq, Egypt and Oman. Egypt
Half a million children in Lebanon still 'struggling to survive' after Beirut blast A new report from Save the Children found the families of 564,000 children can't afford sufficient food and other basic goods. Lebanon
Affordable housing for Jaffa’s Arab residents: too little, too late With the prices of houses skyrocketing in the center of Israel, even projects designed for the low-income Arab population of Jaffa have become too expensive for them. Israel