What to know about Iran's 'Persian Gulf Strait Authority' to control Hormuz traffic The establishment of an entity seeking to control maritime transportation in the Strait of Hormuz is the latest sign that Iran wants to formalize authority in the strategic waterway. Iran
Egypt ramps up energy investments amid war-driven price pressures Prime Minister Mostafa Madbouly said Wednesday that Egypt has secured commitments exceeding $19 billion from international oil companies over the next three years. Egypt
Newsletter: Business & Tech Brent dips on Hormuz, Iran deal optimism Energy markets swing on Iran deal hopes as Hormuz disruption drives global costs higher. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Few ships pass Hormuz despite US efforts to break Iran's hold Only four commercial vessels had transited the strait in the 24 hours before Tuesday morning, according to ship-tracking data. Iran
Analysis MENA wheat importers face food security risks as Hormuz crisis festers By Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi Arabia and Qatar pledge $89M for Syrian public sector: What to know The new Syrian government has struggled to pay public workers sufficiently and is implementing a plan aimed at rooting out “ghost employees" who do not show up to work. Syria
Saudi Arabia courts Chinese firms in mining investment drive Mining and Industry Minister Bandar Alkhorayef met with executives from more than 20 mining firms in Beijing on Thursday. Saudi Arabia
Analysis OECD forecasts 3.7% growth for Saudi Arabia, citing US tariff shield The kingdom is projected to grow at 3.7% this year, 1.9 percentage points more than forecasted in June. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Newsletter: Business & Tech Turkey eyes trade wins in White House talks Turkey is rolling back tariffs and lining up new deals as Erdogan prepares to press Trump for concessions at the White House. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
India, Morocco open new military factory in Casablanca region The facility will make WhAP 8x8 armored combat vehicles for the Moroccan military and international markets. Morocco
Turkey scraps tariffs on some US imports ahead of Erdogan-Trump meeting The reversal of the levies was announced in Turkey’s Official Gazette on Monday, affecting goods such as passenger cars, fruit, rice, cosmetics, solid fuels and chemical products. Turkey
Analysis As Carrefour retreats in Mideast, can new Gulf superstore brand advance? Amid rising competition and consumer boycotts of Western companies, UAE-based Majid Al Futtaim has begun pulling French retailer Carrefour from Middle East markets and rebranding outlets under a new name: HyperMax. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Middle East debt issuance near $200B record amid September borrowing surge A borrowing boom driven by Saudi Arabia and Turkey arrives amid a broader wave of issuances in 2025, underlining the Middle East’s status as one of the busiest and most resilient players in international debt markets. Saudi Arabia
India weighs options as US ends waiver for Iran’s Chabahar Port: What to know India has been working to develop the strategically important Gulf port for close to a decade, but the move has been complicated by US sanctions on Iran. Iran
Trump’s tariffs push India closer to UAE as non-oil trade soars 34% UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi says that the two countries are on track to reach $100 billion in non-oil trade by the end of the decade. United Arab Emirates
IEA report: Mideast electricity generation to rise 50% by 2035 as renewables expand The International Energy Agency said that oil and gas remain the main sources of energy in the Middle East and North Africa, but noted the region’s rising investment in alternatives and renewable energy potential. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
As EU tries to wean off Russian gas, pipeline imports via Turkey rise The European Union is importing more Russian gas via Turkey despite efforts to end imports from Russia. Turkey