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
JP Morgan listing boosts Egypt’s access to debt markets JP Morgan placed Egypt on its Index Watch Positive on April 9, meaning the North African country should be relisted on JP Morgan’s Government Bond Index Emerging Markets within six months. Egypt
Russia, Iran again promote alternative to Suez Canal Russia and Iran are back to promoting the International North-South Transport Corridor as an alternative future option to the Suez Canal after a giant container ship went aground in the canal last month, disrupting global trade traffic for a week. Egypt
Syria gets new central bank head The last central bank governor was fired as the Syrian pound remains at historic low points against the US dollar. News Brief
Suez Canal receives giant dredger in planned upgrade The Suez Canal Authority is talking about plans to widen the southern section of the canal, only days after the giant Panama-flagged container vessel, Ever Given, went aground and became wedged across the international maritime passageway, causing a weeklong blockage. Egypt
Tuk-tuks become common sight in Lebanon's streets amid economic crisis Amid the devastating economic crisis and the deteriorating living conditions in Lebanon, many have replaced their vehicles with tuk-tuks to run errands, work or deliver goods. Lebanon
Surprising economic upside seen for Egypt, Morocco and Iran Reports this month by the IMF and the US intelligence community also underscore troubling trendlines. Egypt
Kuwait, China seek to diversify via Belt and Road Initiative Kuwait has been working on diversifying its national economy in light of economic variables, so it has made efforts to bolster cooperative ties with several partners like China and others to serve Kuwait Vision 2035. DONT USE - Gulf Pulse
Gold industry in Gaza booms amid coronavirus outbreak The gold industry in Gaza has thrived amid the outbreak of the coronavirus pandemic in terms of increased production locally and enhanced quality and availability of a variety of gold products and jewelry. Palestine
Dubai restaurants to stop screening dining areas during Ramadan fast Restaurants in the UAE's largest city previously had to screen off places where people ate during fasting hours during the Islamic holy month, as is customary throughout the region. United Arab Emirates
Kadhimi deepens cooperation with Saudi Arabia, UAE in Gulf tour Iraqi Prime Minister Mustafa al-Kadhimi is pursuing two-track diplomacy, expanding cooperation with both Levant and Gulf countries. Iraq
Post-COVID Saudi Arabia doubles down on Vision 2030 Although foreign investors mostly took a pass on Vision 2030, Saudi companies and the Public Investment Fund will pour money into a $3.2 trillion reform plan. Legacy: Gulf
War over economic routes heats up in Syria Syria’s economic collapse is stoking the struggle over commercial routes between government-held areas and US- and Turkish-backed enclaves, fueling also disagreements on humanitarian aid. Turkey
