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
Art, culture victims of Lebanon's economic crisis Lebanon’s cultural organizations, which have long been regional models, struggle to keep their heads above water as economic and political crises deepen. Lebanon
Why is the steel industry in Egypt declining? Egypt's steel industry has generally been lowering prices as a result of an oversupply in inventories and lower raw material prices just as a new steel factory comes online. Egypt
Edelman strikes $6 million deal with Saudis to promote G-20 business summit Saudi petrochemicals company SABIC has hired the Chicago-based PR giant to support this year’s Business 20 gathering in Riyadh. Saudi Arabia
Syrian crossings reopen, freeing up flow of people, goods The closed crossings that have separated Turkish-affiliated forces in Syria from those of the Kurds have reopened, allowing for trade and travel in those areas for the first time in months. Syria
Palestinian-Israeli agriculture exchange hits a snag The normal exchange of agriculture and animal goods between Israel and Palestine has hit a snag, causing economic and social interruptions and possibly pushing Palestinians to become less dependent on Israel. Palestine
Lebanon’s new government has its work cut out for it The newly formed Lebanese government is in for real challenges, mainly the crisis of the collapsing Lebanese pound and debt that has reached a record level. Lebanon
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
Egypt’s non-oil private sector activity declines despite banking flourishing Egypt's non-oil private sector growth has decreased to its lowest level in three years, affecting the country's private sector and undermining a campaign to boost private sector companies. Egypt
Jitters grip Egyptian importers as coronavirus spreads After Egypt suspended its flights with China, concerns emerged about the supply of Chinese products and raw material, as well as price hikes. Egypt
Egyptians fear cash subsidies would send prices soaring Egypt's proposed cash subsidies system has raised concerns among citizens despite its numerous advantages, in light of the lack of market supervision over product prices and availability. Egypt
Syrian crisis dictates peace between Damascus and Ankara The Russian side is said to be developing two strategies to thwart Turkey’s possible objections to cultural autonomy for Syrian Kurds. Syria
New business council to provide network, funds for Rafah's budding businesswomen Palestinian women have started small businesses to make ends meet, but a new council aims to lead them to fields such as electronics or high-end products. Palestine
