Large UAE delegation set to arrive in Lebanon in major investment push A large Emirati delegation of around 70 business leaders and government officials is heading to Beirut, in the latest sign of thaw between the United Arab Emirates and Lebanon. Lebanon
France, Saudi Arabia announce more than $10B in deals on MBS visit Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris. Saudi Arabia
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
Explainer King Abdullah visits China as region hedges against US unpredictability With no end in sight to the war in Iran and an unchecked Israeli policy across the region, the kingdom is hedging against future uncertainty and a less predictable US policy. China
Who is at the sharp end of Turkey’s currency crisis? After years of bold borrowing from abroad, Turkish conglomerates, including government cronies, are sitting on a powder keg as the country’s currency turmoil keeps augmenting their debt repayment woes. Turkey
Is there hope for reforming Libya’s shattered economy? In an interview with Al-Monitor, Libyan Economy and Industry Minister Nasser al-Dersi talks about the Government of National Accord’s new economic reform program and the challenges it faces. Libya
Saudi Arabia’s diplomacy has costs Saudi Arabia's diplomatic decisions since King Salman took over the rule of the kingdom in 2015 have caused much controversy, with the bombing of a school bus in Yemen and the row with Canada over a tweet as recent examples. Saudi Arabia
The interest group economics wreaking havoc on Iran's currency Absent tackling such root issues as banking and financial sector reform, Iran’s political economy is likely to continue to shape government policy to the detriment of the economy and the society as a whole. Iran
Mainstream Turkish media turn blind eye to country’s worst currency crisis Although Turkey is suffering one of the worst currency crises in its history, no single mainstream Turkish media outlet has covered the development. Turkey
Turkey steps up efforts to shun dollar As the Turkish lira plunges to a record low, some voices in Ankara are warning that the United States is furious over Turkey’s efforts to reduce its dependency on the dollar. Turkey
Turkey’s economy struggles with new political reality Turkey’s economic downturn has only grown worse since President Recep Tayyip Erdogan assumed sweeping new powers after the June polls, as some observers fear that the economy might not be Ankara’s primary concern. Turkey
China set to fill vacuum left by French carmakers exiting Iran The exit of French automakers from Iran is leaving a vacuum that appears set to be filled by Chinese auto manufacturers. Iran
Egyptian forum dreams up ways to attract expat money A recent forum for Egyptian expatriates produced various ideas on how to get emigrants to invest in their home country. Egypt
US reimposes sanctions as Iran deal crumbles With the Donald Trump administration set to reimpose Iran sanctions after exiting the nuclear deal, it’s looking less and less likely the rest of the world can salvage the accord. United States
IMF option looms larger for Turkey amid row with US Turkey’s economic woes keep growing, exacerbated by central bank inaction and simmering tensions with the United States, in what many see as an inevitable march to the IMF. Turkey
Will Riyadh-Tehran rivalry kill Iraqi Kurdistan's investment drive? A visit to Erbil by a Saudi trade delegation in late July has the potential to bear fruit in advancing economic cooperation and investment in the region, helping ease its current financial crisis, but the Saudis' move has raised eyebrows in Tehran. Saudi Arabia
