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
Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington By Samuel Wendel In Washington, DC, reporting on regional business and tech
Can modernization of Egypt’s railway network avert train accidents? Egypt signed an agreement worth 145 million euros ($177 million) with the African Development Bank as part of its recent plan to improve its railway system to prevent crashes. Egypt
As GCC turns 40, all eyes on post-oil era The GCC alliance hopes for greater future economic growth in the Gulf. Legacy: Gulf
Bread crisis looms in Syria amid low wheat production The bread crisis in Syrian regime areas is expected to become worse in the next few months due to drought and its subsequent impact on wheat crop production. Syria
Egypt to use IMF account to help reduce Sudan’s debt Egypt announced that it will use its share at the International Monetary Fund to help settle part of Sudan’s outstanding debts, as Cairo sees its own stability and security as being correlated with Khartoum's. Egypt
Work in Gulf means short-term gains, transient lifestyle Tax-free incomes offered to migrant workers who play a decisive role in developing Gulf economies are regarded as compensation for no formal route to citizenship or social security. Legacy: Gulf
Protests in Oman over job losses, economy Sultan Haitham has attempted to introduce economic and political reforms in the past year. News Brief
The Takeaway: Erdogan’s incendiary remarks about Israel worsen ties with Washington The fallout of the Turkish president’s comments could compound problems for country’s beleaguered economy; Israel-Palestinian frictions dominate region’s news; Libya’s mercenaries; and more! Turkey
Egypt to complete construction of New Rafah City New Rafah City is becoming a reality in northern Sinai, giving displaced Rafah residents hope for a new and secure life and Egypt a chance to better fight the Islamic State in the border area with the Palestinian Gaza Strip. Egypt
Lebanon loses some electricity after Turkish company ceases operations Karpowership said they stopped providing electricity to crisis-stricken Lebanon due to 18 months of no payments. Lebanon
Egypt's Sisi approves plan to widen, deepen Suez Canal after stuck ship The plan includes widening and deepening the area where Ever Given got stuck in March. News Brief
Lebanese parties distribute food baskets as economy continues to sink Lebanese parties are distributing aid and food baskets to people suffering under difficult economic and social conditions but at the same time are ignoring the root of the crisis. Lebanon
New loan fund could save small Arab-Israeli businesses Already fragile small Arab-Israeli businesses were hit especially hard by the pandemic and the ensuing economic crisis. Israel
