Newsletter: Business & Tech Iran keeps Hormuz reopening on hold Traffic in the Strait of Hormuz remained low, with only five commodity vessels transiting the waterway on Tuesday, according to data from maritime tracking firm Kpler. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Eni presses ahead with Egypt gas projects as war raises investment risks Egyptian President Abdel Fattah el-Sisi met with Eni CEO Claudio Descalzi on Tuesday, with the Italian energy giant revealing it could make a crucial investment decision in coming months. Egypt
Syrian Airlines expands Europe comeback with Vienna, Copenhagen flights Syrian Airlines currently flies to 14 destinations across eight countries, with four additional routes planned. Syria
China warns US not to interfere with Iran trade: What to know China's Foreign Ministry said Beijing was firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary measures” to safeguard its rights. Iran
Analysis UAE-Iran trade relationship becomes key test of Trump’s wartime strategy By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iran-Pakistan ties tighten in economic commission Iran has been seeking better ties with the South Asian country since the Taliban takeover in Afghanistan. Iran
Giant retail companies to shake up Israeli market In an effort to lower prices, the Israeli government is encouraging companies such as Carrefour and AliExpress into the domestic market. Israel
Israeli automotive startups dream of becoming next Mobileye Vying for the same success of Mobileye, which was bought by Intel five years ago for $15 billion, Israeli startups are doubling their efforts to appeal to foreign investors. Israel
Israel considers issuing work permits to Gazan women Israel announced it was considering issuing work permits for women in the Gaza Strip, a move Palestinian official and popular bodies questioned the objectives behind, while many women consider it a step toward financial independence. Palestine
Egypt creates plan to reduce electricity consumption The government's plan to reduce wasted electricity is meant to boost natural gas exports to Europe but is receiving some pushback from domestic users. Egypt
Saudi Arabia strengthens ties with Uzbekistan via wind power, investment deals Uzbekistan’s relations are also improving with the United Arab Emirates and Israel. Legacy: Gulf
Turkey cuts interest rates as Erdogan continues to defy economic wisdom President Recep Tayyip Erdogan continues to lower interest rates to stimulate economic growth as inflation runs rampant in Turkey. Turkey
Oil prices fall to another low Saudi Arabia has benefited from high oil prices this year, though prices appear to be falling somewhat on the back of production increases. Legacy: Gulf
Syria, Iraq form joint business council Relations between Syria and Iraq were poor in the 20th century but have gradually improved in the security and economic spheres in recent years. Syria
Jordan’s tourism revenue triples The increase follows Syrians being able to travel easily to Jordan again. Jordan
Israeli delegation pays rare visit to Indonesia While Jakarta is reluctant to advance diplomatic ties with Jerusalem, there is room to expand trade and economic relations. Israel
Saudi Public Investment Fund acquires shares in Amazon, Google, Uber The sovereign wealth fund led by the crown prince has shown a strong interest in technology such as video games. Saudi Arabia