Analysis What UAE’s $3.45B pullback from Pakistan signals about Abu Dhabi's priorities As Abu Dhabi pulls back long-rolled deposits while investing selectively, Pakistan faces an era of more conditional Gulf support tied to strategic alignment. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis MENA wheat importers face food security risks as Hormuz crisis festers Home to many of the world's largest wheat importers, the Middle East and North Africa face acute food security risks as the US-Israel-Iran war disrupts global fertilizer flows and pushes up prices. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel rejects Ukraine's claim that Russian shadow fleet vessel docked in Haifa Ukraine alleges the vessel unloaded wheat taken from occupied territories in Haifa, while Israel says ship had not entered the port. Israel
UAE’s cash request tests US ties as Iran war strains Gulf financial muscle Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now. United Arab Emirates
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
Tunisian president denies plan to dismiss PM A spokeswoman for Tunisian President Beji Caid Essebsi has dismissed claims that the head of state intends to fire the prime minister as politically baseless. Tunisia
Iranian banking reforms gain steam after long delay Progress on major banking reforms in Iran finally moves in the right direction after years of stalling. Iran
Turkey’s controversial wealth fund stumbles badly since hasty creation Turkey’s sovereign wealth fund, which holds key public assets worth $160 billion, has stumbled badly since its hasty creation in 2016. Turkey
Egypt planning slew of IPOs to boost 2018-19 budget Listing 23 Egyptian state-owned companies on the stock exchange is among several steps that the recently announced state budget will rely on to achieve a 5.8% growth rate in the next fiscal year. Egypt
What's behind Iran's massive capital flight? While a large amount of hard currency has left Iran in the years since the implementation of the nuclear deal, the picture is more complex than a simple case of investors rushing to move their capital outside the country. Iran
Iran MPs call on Central Bank governor to resign as rial plummets Iranian President Hassan Rouhani and Central Bank Gov. Valiollah Seif have come under heavy fire over the sudden devaluation of the rial. Iran
Turkey to lower price of citizenship for foreign investors Disappointed by the impact of a citizenship incentive offered to foreign homebuyers last year, Ankara is expected to lower the bar from $1 million to $300,000. Turkey
Iran raises minimum wage in concession to workers Iranian laborers are set to receive an almost 20% increase in the minimum wage in a concession from the authorities. Iran
What's really driving currency depreciation in Iran? Rather than an indicator of a poor economy, the devaluation of the Iranian currency is the result of investment behavior, and what we are witnessing now looks more like a bubble. Iran
Turkey’s economic woes open cracks in government ranks Amid failing efforts to halt the slump of the Turkish lira, President Recep Tayyip Erdogan and senior Cabinet members appear increasingly at loggerheads over how to keep the economy afloat. Turkey
Beirut renames seaside avenue after Saudi benefactor Will King Salman Avenue bring Lebanon more Saudi tourists, or does it just represent the failures of the Lebanese political system? Saudi Arabia
Rumors of Turkish deputy PM's departure spook markets The Turkish lira took a tumble amid reports that Mehmet Simsek, the deputy prime minister in charge of Turkey's economy, had resigned. Turkey
