Interview Saudi labor localization will take ‘generation or two': Armada CEO Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades. Olivier Badard CEO of Armada Holding
Analysis Why the Hormuz oil shock never became an energy catastrophe The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Oil falls below $74 as Hormuz traffic recovers after Iran war Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close. Iran
Explainer Lebanon advances controversial $500K golden visa law: What to know While its supporters say the scheme would help Lebanon's economy recover, critics say it could offer a channel for corruption. Lebanon
Interview US-Egypt fund makes case for economic statecraft in hard power era Cornelius Queen Senior Vice President of the Egyptian-American Enterprise Fund
Analysis US-Iran deal delivers $300 billion controversy, reconstruction questions By Samuel Wendel In Washington, DC, reporting on regional business and tech
Egypt-Saudi Arabia maritime demarcation agreement makes headlines again The governor of the Red Sea in Egypt revealed great gains for the Egyptian economy unknown by those opposing the controversial maritime border demarcation agreement with Saudi Arabia. Saudi Arabia
Iraq throws Turkey curveball in bilateral trade Baghdad’s recent restrictions on imported goods have badly bruised Turkey’s food exporters, calling into question the target of $20 billion in bilateral trade. Iraq
Is Iran bargaining chip for Russia in relations with the US? Russia has a lot less incentives to bargain over Iran than the United States believes. Russia
There is no room left for Erdogan in Sudan turmoil Sudan’s international failures have provided Turkish President Recep Tayyip Erdogan several opportunities, but now some of the moves are likely to generate significant costs for Turkey. Legacy: Gulf
Is Qatar still Turkey’s foul-weather friend? Qatar’s friendship is being called into question in Turkey amid disappointment over Doha’s pledges of economic support and signs that Qatari investors are pulling out of the country. Qatar
Israeli incentives hold promise for Palestinian traders, economy Gaza Strip traders are benefiting from incentives Egypt recently negotiated for them with Israel, though Palestinians know all too well how often such deals can change. Palestine
Palestinians expect little from Bahrain summit Many analysts are skeptical about the economic plan for the West Bank and Gaza that the US administration has prepared for this week's workshop in Bahrain. Bahrain
Iran's 'throw money' economic strategy failing Among its many other problems, Iran's economy is suffering because of poor and brash decisions of the past and needs to get back to the basics. Iran
Turkey’s car-making sector sputters amid economic downturn Turkey’s automotive sector, which holds a 1.5% share in global automotive production, is struggling on an uphill track, hit by domestic economic woes and unfavorable external factors. Turkey
Fears over safety of nuclear plant flare up in Turkey The safety of a controversial nuclear power plant that Turkey is building in collaboration with Russia has fueled fresh worries amid reports of cracks in the foundation of the facility. Turkey
PA wants to break free from reliance on Israeli fuel Following the rupture of US-Palestinian ties and Israeli violations to the Paris Protocol, the PA is moving forward with its plan to break free from reliance on Israeli fuel, particularly since the financial crisis requires purchasing fuel at cheaper prices. Palestine
Palestine, Morocco forging first bilateral economic pact For the first time independently of the Arab League, Palestine and Morocco have agreed to develop their trade exchange, which currently favors Morocco heavily. Palestine
