Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks The Future Investment Initiative, which typically attracts the CEOs of some of the biggest companies in business, finance, and technology to Riyadh, will now be held next year. Saudi Arabia
Analysis How Hormuz crisis is reshaping economic ties between Iraq and Syria Iraq and Syria are expanding trade and energy cooperation, but security risks, economic challenges and longstanding mistrust raise questions about whether their growing partnership can endure. By Shelly Kittleson In Baghdad, reporting on Iraqi politics
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
Turkey says rate of coronavirus infection stabilizes The health minister sees signs the fast-spreading contagion is coming under control as the number of new cases remains steady. But an independent physicians’ group warns the government may be undercounting. Turkey
Mideast economies to see biggest downturn in four decades, IMF projects Almost every country in the Middle East, North Africa and Central Asia is expected to have negative gross domestic product this year, and the overall GDP for the region is expected to contract by an average of 3.1%. Legacy: Gulf
Coronavirus killing off what's left of Gaza Strip's economy Due to measures taken to tackle COVID-19, the Gaza Strip economy is at a virtual standstill, worsening unemployment and poverty. Palestine
Egyptian MP proposes compulsory citizen donations to fight COVID-19 An Egyptian parliamentarian is planning to submit a bill obliging citizens to make donations to a government fund in order to help in the fight against the coronavirus, with some saying mandatory donations are illegal and a form of taxation. Egypt
Banks can't save Gulf economies Because of the way they are set up, GCC banks will have a hard time providing the funds that could help jump-start regional economies as the COVID-19 pandemic continues to take its toll. Legacy: Gulf
As foreign reserves dip, Egypt’s economy slows down Analysts study the sharp decline of Egypt’s foreign reserves due to the economic slowdown caused by the coronavirus pandemic, with fears that the Egyptian pound would further weaken against the dollar. Egypt
Shops reopen in Bahrain as government rolls back restrictions Bahrain is allowing stores to reopen if they follow social distancing guidelines but theaters and tourist locations remain closed and food delivery and takeout remain the order of the day for restaurants. Legacy: Gulf
Turkey offers fresh money to companies, seeks donations for the poor amid coronavirus crisis While enhancing monetary expansion measures to prop up companies and banks against the coronavirus crisis, Ankara is calling for donations from the public to support the poor. Turkey
Tehran stock market could remain strong despite Iran's economic downturn Now might be a good time to list companies on Tehran’s booming stock exchange. Iran
Syrian Kurds hunker down amid fears of COVID-19 Most people in northeastern Syria seem to be obeying a lockdown imposed by the Kurdish autonomous administration to contain the spread of the coronavirus, but many are wondering how they will survive financially. Syria
How will the COVID-19 crisis impact US-Iran tensions? If Iran can hold out long enough against COVID-19, Tehran and Washington might be able to come to terms. United States
Iranians look to each other, not government, for solidarity amidst COVID-19 Iranians attempt to lift each other's spirits with comedy, online cooking shows and by writing off debts, among other ways. Iran
