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
Bread crisis looms in Syria amid low wheat production The bread crisis in Syrian regime areas is expected to become worse in the next few months due to drought and its subsequent impact on wheat crop production. Syria
Egypt to use IMF account to help reduce Sudan’s debt Egypt announced that it will use its share at the International Monetary Fund to help settle part of Sudan’s outstanding debts, as Cairo sees its own stability and security as being correlated with Khartoum's. Egypt
Work in Gulf means short-term gains, transient lifestyle Tax-free incomes offered to migrant workers who play a decisive role in developing Gulf economies are regarded as compensation for no formal route to citizenship or social security. Legacy: Gulf
Protests in Oman over job losses, economy Sultan Haitham has attempted to introduce economic and political reforms in the past year. News Brief
The Takeaway: Erdogan’s incendiary remarks about Israel worsen ties with Washington The fallout of the Turkish president’s comments could compound problems for country’s beleaguered economy; Israel-Palestinian frictions dominate region’s news; Libya’s mercenaries; and more! Turkey
Egypt to complete construction of New Rafah City New Rafah City is becoming a reality in northern Sinai, giving displaced Rafah residents hope for a new and secure life and Egypt a chance to better fight the Islamic State in the border area with the Palestinian Gaza Strip. Egypt
Lebanon loses some electricity after Turkish company ceases operations Karpowership said they stopped providing electricity to crisis-stricken Lebanon due to 18 months of no payments. Lebanon
Egypt's Sisi approves plan to widen, deepen Suez Canal after stuck ship The plan includes widening and deepening the area where Ever Given got stuck in March. News Brief
Lebanese parties distribute food baskets as economy continues to sink Lebanese parties are distributing aid and food baskets to people suffering under difficult economic and social conditions but at the same time are ignoring the root of the crisis. Lebanon
New loan fund could save small Arab-Israeli businesses Already fragile small Arab-Israeli businesses were hit especially hard by the pandemic and the ensuing economic crisis. Israel
Can Chinese investment provide boost to Iran’s Chabahar port? As US-Iran ties deteriorated, India slowed down work at Iran’s Chabahar port; yet Chinese investment could bring it back to life. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
French FM visits Lebanon to send message of ‘great firmness’ to bickering politicians French Foreign Minister Jean-Yves Le Drian met with President Michel Aoun, who briefed him on the stalled efforts to form a government. Lebanon
