Interview Saudi labor localization will take ‘generation or two': Armada CEO Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades. Olivier Badard CEO of Armada Holding
Analysis Why the Hormuz oil shock never became an energy catastrophe The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Oil falls below $74 as Hormuz traffic recovers after Iran war Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close. Iran
Explainer Lebanon advances controversial $500K golden visa law: What to know While its supporters say the scheme would help Lebanon's economy recover, critics say it could offer a channel for corruption. Lebanon
Interview US-Egypt fund makes case for economic statecraft in hard power era Cornelius Queen Senior Vice President of the Egyptian-American Enterprise Fund
Analysis US-Iran deal delivers $300 billion controversy, reconstruction questions By Samuel Wendel In Washington, DC, reporting on regional business and tech
Gaza's few Christians lift economy Gaza’s very small Christian community has been a strong force for the economy. Palestine
UN secretary-general says Lebanese politicians ‘paralyze' country, demands ‘truth' about Beirut blast United Nations Secretary-General Antonio Guterres visited Lebanon to meet with the country’s leaders amid the economic crisis. News Brief
US-Palestinian economic ties resume after 5 years Palestinians have reluctantly agreed to give the economic track a chance after it became obvious that there was no movement expected on the political track. Palestine
Egypt builds industrial city in Tanzania Egypt and Tanzania close ties are strengthened further by the inauguration of an Egyptian industrial city adjacent to the Tanzanian capital. Egypt
Syria, Iraq discuss boosting trade The two countries also discussed cooperation on oil imports earlier this year. News Brief
US, Palestinian officials hold first economic dialogue in five years The US-Palestinian Economic Dialogue covered infrastructure development, access to US markets, US regulations, free trade and other financial issues. News Brief
Qatar, Israel reach agreement on diamond trade Qatar is not part to the Abraham Accords for normalizing ties with Israel, but this did not prevent it from reaching a bilateral agreement with Israel on the trade of diamonds. Israel
Will Lebanon’s economic crunch stir demographic change? The emigration of Lebanese, especially Christians, raises concerns in Lebanon in terms of the demographic change that it may lead to, in light of the economic crisis that the Lebanese have been experiencing for nearly two years. Lebanon
Israeli PM pays landmark visit to UAE On a first official visit to the Emirates, Prime Minister Naftali Bennett met with Crown Prince of Abu Dhabi Sheikh Mohammed bin Zayed Al Nahyan. Israel
Will other Gulf states follow UAE decision to shift workweek? The Emirates' push to better align its economy with global markets elicited mixed reactions across the Gulf. Legacy: Gulf
Lebanese opt for new emigration destinations amid crises Lebanon is witnessing one of the biggest waves of emigration in its history as the country faces its worst socio-economic conditions amid a worsening political crisis; Turkey, Armenia and Georgia have become new destinations. Lebanon
Lebanon's elderly population devastated by crash As one of the 16 countries in the world that don’t offer social security, older people in Lebanon are spending their last years struggling and depending on aid groups to survive. Lebanon
