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
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
Newsletter: Business & Tech UAE-Iran trade freeze raises economic stakes The UAE is a critical trade partner for Iran and has been its largest source of imports for five consecutive years. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Explainer Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports. Iraq
Egypt embarks on new plans to develop river transport on Nile River Cairo has recently passed legal reforms to reorganize the river sector, which still remains marginal, in hopes this will catalyze much-needed private investments Egypt
China, Egypt establish civil body to promote mutual investments The new Egyptian-Chinese Entrepreneurs Association will foster the growing economic relations between Cairo and Beijing as China intensifies its political activities with Washington’s allies in the Middle East. Egypt
Oil prices fall to lowest since January despite Saudi-backed production cut The price decrease could be worrisome for Saudi Arabia and its investment plans. Legacy: Gulf
Saudi, Chinese companies sign investment deals on renewable energy, cloud services during Xi’s visit Xi Jinping’s trip to Saudi Arabia has focused largely on economic and energy ties so far. Legacy: Gulf
UAE business center releases whistleblowing guidelines The UAE is seeking to improve financial transparency among other major financial changes happening in the Gulf state. Legacy: Gulf
Saudi Arabia, China sign deals on tech, climate for Xi’s visit The trip is a sign that Saudi Arabia is seeking more cooperation with China, especially in regards to energy and despite the kingdom’s relationship with the United States. Legacy: Gulf
Jordan partners with USAID on water loss Water loss is a major issue in Jordan due to theft and leakage. Jordan
Some Egyptian companies still dealing with Russia's alternative financial system Some Egyptian companies are secretly dealing with a Russian alternative financial system, in anticipation of international sanctions by the United States. Egypt
UAE, Israel align interests at international space event Conference shows that space exploration and commercialization is opening up to more countries. Legacy: Gulf
Israel pursues climate cooperation with Morocco, Jordan Israeli tech is sure to set the pace of climate cooperation in the region. Israel
PRO: Middle East climate tech startups to be hot investment in 2023 A handful of regional firms have received significant investments recently. By AL-MONITOR Staff