UAE firm’s $1.7B legal threat spotlights Gulf split on Lebanon as Qatar invests Lebanon’s bid to lure Gulf investment into its crisis-stricken economy is facing turbulence as Dubai's Al Habtoor Group threatens legal action over more than $1.7 billion in losses, while Qatar is making an investment push. Lebanon
Syria leans on Jordan, regional gas deals to rebuild energy sector The deal was signed at the Syrian Ministry of Energy between Syrian Petroleum Company and Jordan’s National Electric Power Company, SANA reported. Syria
Qatari, Swiss firms to invest $2.7B in Libya's Misrata port: What to know Libya is seeking to increase its non-oil shipping capacity amid rising oil production and signs of both economic progress and turmoil. Qatar
Saudi Arabia and Qatar ink high-speed rail deal advancing Gulf integration Saudi Arabia is seeking to boost its railway infrastructure, and longstanding efforts to connect Gulf states by train are finally gaining momentum. Saudi Arabia
Analysis Iran’s mismanagement in focus as fires ravage 25-million-year-old forests By A correspondent in Tehran In Tehran, reporting on politics
Analysis Iran revives cross-border rail projects in bid to anchor Eurasian trade routes By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis Water for influence: Turkey moves to ease Iraq's water shortages ahead of elections By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Turkey says talks with China, Russia, South Korea underway for new nuclear plants Turkey's energy minister also said his country was in talks with France for the independent oversight of the Akkuyu nuclear power plant in Mersin which is being built by Russia's Rosatom. Turkey
UAE, Oman call for bids on $3 billion transnational railway project The move aims to expand the role of the private sector in the state-owned project and promote regional integration, with the project connecting Oman’s Sohar Port with the UAE's National Rail Network. Legacy: Gulf
Train crash in Egypt leaves 4 dead, 23 injured Train crashes are not uncommon in Egypt, where the railway system is plagued by years of neglect. A new high-speed rail system could soon come to the country, however. Egypt
Saudi Arabia invests $51 billion in first wave of Shareek diversification The Shareek investment and diversification strategy is set to create more than 64,000 jobs by 2040. Saudi Arabia
Iraq rolls out new plan to reduce chronic Baghdad traffic Successive Iraqi governments have tried but failed to address the problem of traffic in the capital. Sudani's plan involves building new bridges and overpasses. Iraq
South Korea’s Samsung to help Saudi Public Investment Fund with construction projects Saudi Aramco has also strengthened its ties to South Korean companies recently. Legacy: Gulf
Saudi Arabia launches investment fund for sports, entertainment events Crown Prince Mohammed bin Salman’s aggressive modernization plans have been criticized for being overly ambitious. Legacy: Gulf
Saudi Public Investment Fund partners with BlackRock The US investment firm also signed a cooperation deal with the UAE earlier this year. Legacy: Gulf
Saudi Arabia partners with Senegal on railway, desalination plant The UAE, Israel and Turkey have also upped their engagement with African states in recent years. Saudi Arabia
Egypt explores production of green fuels for ships Egypt plans to cooperate with the Maersk global shipping group to establish a national network to produce and distribute green fuel for ships, depending on new and renewable energy sources, as the country gears up to host the COP27 climate summit. Egypt
Palestinian businessman seeks self-funded projects to support Gaza economy An agreement of $1 million was signed to restore industrial facilities that were destroyed in the May 2021 war on Gaza, which came as a glimmer of hope for the stricken industrial city. Palestine
Cairo evicts Nile island residents for development project Egyptian security forces and residents of the Nile River's Warraq Island are clashing as the government tries to evict them as part of a development plan. Egypt
