Analysis Ports and infrastructure: UAE embraces new economic order in Syria UAE-Syrian ties have moved faster than expected, with Abu Dhabi embracing President Ahmad al-Sharaa and relations shifting from normalization to investment opportunities. By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE unveils $5B India investment push during Modi visit: What to know India and the UAE signed deals related to energy supplies and maritime security, further strengthening ties amid the war in the region. United Arab Emirates
Interview UK fintech brings foreign currency accounts to Syrians at home The launch comes as Syria’s new government attempts to stabilize the country’s shattered economy following the January 2025 rise to power of President Ahmed al-Sharaa after the ouster of former President Bashar al-Assad.
Uptick in Chinese tankers transiting Hormuz amid Trump-Xi summit President Donald Trump met Chinese President Xi Jinping in Beijing on Thursday, a meeting closely watched in Iran. United Arab Emirates
Newsletter: Business & Tech Oil supply fears deepen as Hormuz traffic stays thin By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Aramco profits jump 26% as Hormuz disruption chokes supply By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Turkey’s middle class priced out of home ownership Buying a home has become an elusive dream even for middle-class professionals in Turkey as the country’s economic woes erupt into a perfect storm over the housing market. Turkey
Egyptian startups reimagine mental health services in Arab-speaking world In an attempt to fill some of the most urgent gaps in mental health issues across the region, online platforms have developed tech-enabled alternatives to offer services that are safe, stigma-free and help raise awareness — although concerns about accessibility persist. Egypt
Affiliate of Abu Dhabi oil company to list on stock exchange Borouge is ADNOC’s joint venture with Austrian petrochemical firm Borealis AG. United Arab Emirates
Airport wars flare up in Turkey amid claims of Gulf acquisition A row over the fate of Istanbul’s iconic Ataturk Airport has escalated in Turkey amid opposition claims that a plan to demolish the facility is designed to gratify Gulf investors interested in operating the city’s newer airport. Turkey
Turkish lira continues to fall Turkey is in the midst of an economic crisis marked by high inflation. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Egypt looks to Gulf to revive tourism sector affected by Russian-Ukrainian war Egypt is seeking to increase Arab tourism from the Gulf at a time when this vital sector has struggled to overcome the recession it suffered with the Russian invasion of Ukraine. Egypt
Cuba seeks food security help from Iranian private sector Iran and Cuba also pledged to boost trade during a summit in Tehran. Iran
Egypt invests more than $1 billion in green projects ahead of COP27 Egypt is expanding its implementation of green projects ahead of hosting the 2022 UN Climate Change Conference. Egypt
Erdogan’s home loan incentives threaten to fan inflation A further increase in already skyrocketing home prices appears inevitable in Turkey following Erdogan’s announcement of loan incentives, a move that many pundits see as pouring fuel on the inflation fire. Turkey
What do rising wheat prices, India’s export ban mean for Egypt? Egypt is seeking to import wheat from India due to the Russian war on Ukraine. Egypt
Global energy crisis opens possibilities for Israeli natural gas Experts say that the global energy crisis is exactly the moment when Israel must expand its natural gas export quotas. Israel