Syria to rejoin Arab group at IMF, leaving Russian-led constituency Syria will rejoin the Arab constituency at the International Monetary Fund beginning Nov. 1 and has applied for membership in the EBRD. Syria
Erdogan aide named suspect in Turkey financial scandal Former AKP deputy chairwoman Fatma Betul Sayan Kaya is facing allegations of being linked to a market manipulation scandal. Turkey
Analysis Turkey’s $20B fund crisis: Who profited, and who will pay? Opposition parties are demanding immediate government compensation for affected investors, who face up to a six-month wait as independent banks oversee the asset liquidations. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iran’s rial hits record low as pressure on oil exports mounts The rial was trading at more than 2.5 million to the dollar in Tehran's open market on Tuesday. Iran
UAE breaks ground on 50 MW solar plant in CAR, expanding Africa footprint Abu Dhabi’s financial footprint has expanded across Africa, making the UAE the continent’s fourth-largest source of foreign capital. United Arab Emirates
Norway's wealth fund vows to stay invested in Israel after selling shares in 11 firms In a press conference on Tuesday, the fund said it had sold the stake in Bet Shemesh Engines Ltd, a group that provides services to the Israeli military, including the maintenance of fighter jets. Israel
Mideast private equity down 38%, but higher-value deals dominate Saudi Arabia was the region’s most active market with 13 transactions, followed by the UAE with 12. Saudi Arabia
Wealthy flock to UAE, fueling Dubai’s 32% company surge: What to know Gulf states are diversifying their economies away from reliance on oil, and the UAE is leading the charge, with the country on track to welcome nearly 10,000 high-net-worth individuals this year. United Arab Emirates
Meet Karim Attiyeh, youngest Arab American billionaire of Lebanese origin Karim Attiyeh, a Lebanese-born technologist, has been named by Forbes Middle East as the youngest billionaire of Arab origin in the United States, joining the list of the 125 richest immigrant billionaires in the US. Lebanon
Saudi Arabia to invest $6B in Syria in boost to Sharaa: What to know The kingdom has been at the forefront of diplomatic and economic efforts to support Syria's recovery. Syria
Saudi Arabia offers travel permits to Syrian businessmen, investors: What to know Syrian entrepreneurs can now directly apply for travel licenses at the Saudi Embassy in Damascus, while Saudi investors seeking to visit Syria can register via the Interior Ministry’s e-platform. Syria
Turkey secures $2.8B green financing for Azerbaijan railway: What to know The 223-kilometer railway will connect to the existing train route that joins Turkey’s northeastern city of Kars and the Georgian and Azerbaijani capitals of Tbilisi and Baku. Turkey
Egypt pitches new investment plan to US firms: What to know Egypt is hunting foreign investment as part of its Vision 2030 strategy for sustainable development. Egypt
Egypt banks on Beijing as premier visit seals yuan, payment deals The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week. China
Egypt urges BRICS to deepen financial ties after Trump threatens tariffs Egyptian Prime Minister Mustafa Madbouly said that due to the global decline in multilateralism and crises engulfing the world, members of the bloc of developing nations should bolster their financial and economic ties. Egypt
Interview How Red Sea attacks prepared Egypt’s economy for future shocks The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery. Hisham Ezz Al-Arab CEO, Commercial International Bank
