Turkey to host Iraq, Qatar, UAE officials for Development Road summit The estimated $20 billion project was formalized during Turkish President Recep Tayyip Erdogan’s official visit in April to Baghdad and will link Basra to Turkey via a rail and road network. Turkey
Analysis What Maersk's $250M logistics park means for Saudi Arabia Danish logistics company remains invested in the Red Sea despite continued threats to shipping from Yemen's Houthi militants. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis Can Modi fast-track India-Mideast-Europe corridor post-reelection? Ramping up initial phase of the corridor between India and the United Arab Emirates tops the agenda in New Delhi. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Kuwait doubles down on Saudi ties driven by economics, counter-Islamism Kuwait's newly appointed crown prince, Sheikh Sabah Khalid Al Sabah, is expected to advance the already good ties between his country and Saudi Arabia, as the two seek to further their economic prosperity. Kuwait
Analysis Can Gulf investors outstrip China in Africa as UAE expands reach? By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis Inquiry finds Netanyahu responsible for 2021 festival stampede By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Egypt, UAE sign $35 billion development deal amid foreign currency crunch The deal could help Egypt’s struggling economy and builds on previous Emirati investment in the North African country. Egypt
With $104 billion in damages, Turkey’s earthquake region sees slow recovery Turkey’s quake victims can hardly hope for a faster recovery, as Ankara seems to be keeping the pace of reconstruction tied to its overall economic roadmap, wary of overheating the fragile economy. Turkey
One year after earthquake, Turkey's ancient Antioch still devastated Scars of the quake that killed 53,000 people and displaced millions run deep, and the road to restoration is fraught with political bickering. Turkey
Davos 2024: Inside Investcorp’s plan to build China-Gulf 'investment bridge' In an interview with Al-Monitor, co-CEO Hazem Ben-Gacem said there is a big push for infrastructure funding in the Asia-Pacific region, controlled buyouts in Japan and growth investments in India and China. Bahrain
Bahrain's Investcorp buys 50% of Corsair's $4.8B infrastructure business The new entity, Investcorp Corsair, will continue to grow with a particular focus on transportation, logistics and related subsectors, a statement from the two companies said. Bahrain
Morocco-UK Xlinks undersea power cable to generate 'real value': Octopus Energy Octopus Energy CEO Greg Jackson said that it would help Morocco fight climate change. Morocco
Saudi Arabia set to begin Middle East’s first hydrogen train trials Saudi Arabian Railways, in partnership with French manufacturer Alstom, will begin to operate the world’s first hydrogen-powered passenger train in Riyadh later this month. Saudi Arabia
Abu Dhabi’s ADQ in talks with Turkey to build railway for trade corridor Amid increasing cooperation between the two countries, an alternative trade corridor is planned linking Europe, the Middle East and Asia. Turkey
UK, Turkey in talks about third railway project The project follows the UK government underwriting financing in July to support the construction of a 286-kilometer high-speed electric railway in southern Turkey. Turkey
After Nagorno-Karabakh offensive, can Turkey play nice with Armenia? Following Azerbaijani victory in Nagorno-Karabakh, Turkey is now laying the foundations for a rapprochement with Yerevan. Turkey
Saudi Arabia, China sign $1.33 billion in housing deals The Saudi-China Business Forum represents the latest sign of increased Chinese interest in Saudi Arabia. Gulf