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
EU commission removes UAE, adds Lebanon and Algeria to money laundering list: What to know The changes to the list are still pending approval from EU member states and the European Parliament, likely within the next month. United Arab Emirates
Turkey: $30M credit card scam hits tourists in coastal resort, 20 arrested The alleged ringleader, a hotel owner identified as "H.O.," stole the money by sharing credit card details of tourists checking into the property. Turkey
As Turkey's inflation dips to 35%, will central bank pivot on interest rates? Inflation has slowed to the lowest level since 2021, sparking speculation that the central bank could resume easing monetary policy amid mounting pressure on Turkey's finance chief — but analysts caution against a rush. Turkey
Analysis Gulf wealth funds weather US stock dip, target Amazon, Bitcoin in Q1 We take a look at the region’s exposure to American equities as the US president departs the Gulf. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Mubadala investments soar by 33% as UAE deepens AI ties with US Mubadala made 119 billion Emirati dirhams ($32.4 billion) worth of investments in 2024, up 33.7% from the previous year, according to a Thursday statement from the UAE fund. United Arab Emirates
Lebanon secures initial World Bank approval for $400M loan Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government navigates ongoing political and security challenges. Lebanon
IMF appoints first Syria mission head in 14 years: What to know Syria's new government faces the task of revitalizing an economy that has been devastated by 14 years of war and ravaged by international sanctions. Syria
First Syria delegation under Sharaa visits US, will attend IMF meetings: What to know Syria's new government faces the daunting task of rebuilding an economy shattered by war and burdened with debt, ongoing sanctions and reconstruction costs. Syria
Egypt's Sisi visits Qatar, nabs $7.5B in investments: What to know President Abdel Fattah al-Sisi’s trip to Doha comes amid Egypt’s moves to improve ties with Turkey and tensions with the UAE over the Gaza war. Egypt
David Petraeus, ex-CIA head, tapped to lead KKR's push into Mideast markets The newly-formed team will identify investment and partnership opportunities in the region, with a focus on the Gulf Cooperation Council countries, the private equity firm said. Saudi Arabia
Turkey's Simsek says economy will ride out Trump tariffs without lasting scars Mehmet Simsek stressed that his government’s economic program has made the economy more resilient against internal and external shocks, highlighting that inflation has fallen and continues to drop. Turkey
