Could UAE tap US currency swap line as Iran war strains Gulf economies? The Gulf country apparently wanted reassurances from Washington in case its economy is severely damaged by the Iran war. United Arab Emirates
Why are Wall Street banks posting record profits amid Iran war? The US-Israel-Iran war has roiled the global economy since Feb. 28, but the resulting market volatility has boosted trading profits for some. Iran
Analysis Ceasefire without relief: How Iranians are grappling with post-war repression Despite the ceasefire, pressure is mounting inside Iran: arrests are rising, the internet remains largely shut down, and millions face deep economic uncertainty. By A correspondent in Tehran In Tehran, reporting on politics
Iran names US tech, finance firms in new Middle East threat list Firms listed as potential targets included Oracle, Microsoft, Apple, Google, Meta, IBM, Palantir and Nvidia, while banking giant JPMorgan and UAE-based AI firm G42 were also listed. Iran
Analysis Iran war tests Gulf dealmaking as foreign investors assess risks By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How long can markets hold their bet on Gulf resilience as war drags on? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Group of 32 states to release 400M barrels of oil reserves: What to know By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Fresh currency fears loom over Turkey Despite a series of unconventional measures to keep hard currency prices in check, Turkey appears headed for fresh currency turmoil. Turkey
Lebanon to ask IMF for technical help with economic crisis Amid a deepening financial and monetary crisis plaguing Lebanon, a government source announced that the country is to officially request the IMF’s help. Lebanon
Why are more Russians buying property in Turkey? Despite political tensions between Moscow and Ankara, Russians are increasingly purchasing property in Turkey. Turkey
Will Palestinian central bank, currency ever see light of day? A Palestinian central bank has been a long time in the making, and if Israel reacts as expected, it could be even longer before the institution becomes a reality. Palestine
Turkey edges toward Islamic law with new finance rules Turkey's ruling party has imposed religious rules in the public sphere, a move that could have major implications for the country's future. Turkey
Fresh banknotes spark new economic war in Yemen The UN-recognized Yemeni government has pumped new banknotes into the country, but the Houthis are banning their circulation in areas under their control, burdening Yemenis and exacerbating problems for the already struggling economy. Yemen
Facing US sanctions, credit-fueled Turkish economy heads toward turbulence Through measures to free up capital flows, Turkey’s economy weathered the 2018 currency crisis, but analysts remain uncertain the nation’s markets can absorb more shocks as US sanctions loom. Turkey
Dollar shortage crisis in Lebanon spills into Syria The Syrian pound's value plummeted against the US dollar after the Lebanese pound depreciated. Lebanon
Will Turkish lira save economy in Syria's opposition-held areas? As Syria's currency plunges against the dollar, the opposition's Syrian Interim Government plans to replace the Syrian pound with the Turkish lira in the areas it controls. Syria
Lebanon’s real estate sector crumbles along with dreams As Lebanon’s economic crisis devastates the housing sector, homeowners are faced with increasing payments and debt tied to the dollar and rising interest rates. Lebanon
Turkey’s first 'indigenous and national' credit rating agency Turkey bought 85.05% of Japan Credit Rating Agency (JCR) Avrasya. How did a seemingly Japanese company became a national asset? Turkey
Turkish Central Bank suffers big credibility loss The Turkish Central Bank’s obedience to the government, both in terms of monetary policy and interventions in the foreign exchange market, is badly damaging its credibility among foreign investors, the ultimate cost of which will be borne by the crisis-hit economy. Turkey