Traffic plummets through Strait of Hormuz after Iran, US trade fire Shipping through the Strait of Hormuz had recovered somewhat before renewed fighting between Iran and the United States saw traffic drop sharply over the weekend. Iran
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
Interview US-Egypt fund makes case for economic statecraft in hard power era Cornelius Queen Senior Vice President of the Egyptian-American Enterprise Fund
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
Growing esports market has huge potential in Mideast The video gaming industry is gaining ground in the Middle East, as its popularity and prize money continue to grow. Regional
Israel's economy faces uncertain future Employment and wage figures are excellent, inflation is low and the country’s credit rating is high, but the growing deficit will require Israel’s next government to cut expenditures or raise taxes — or both. Israel
Turkey becomes new dump for global plastic waste Due to lax regulations, plastic scrap imports to Turkey have skyrocketed since 2018; why is the AKP letting the country turn into a global wastebasket? Turkey
Egyptian-Turkish trade: A love-hate relationship Egypt's free trade agreement with Turkey ends in 2020, but it is unclear whether it will be renewed in light of the political antipathy between the two countries' leaders. Egypt
Lebanon university strike threatens students’ futures As the Lebanese parliament is considering austerity measures that would see public wages slashed, the Lebanese University continues its open-ended strike, with students missing classes for weeks now. Lebanon
Iran sticks to 'Look to the East' doctrine amid frustration with Europe As Europeans continue to let it down, Iran is increasingly focused on its "Look to the East" doctrine, grabbing every chance to boost trade with China, India and Japan. Iran
Can Erdogan mend fences with US, Europe while saving face? Turkey is seeking to improve relations with the West to stave off further damage to its ailing economy, but wants to do so without appearing to concede any ground or make concessions. Syria
Iran plays Pakistan, China against India as Modi turns to Trump India’s apparent decision to go along with the Trump administration’s “maximum pressure” campaign against Iran could negatively impact its relationship with Tehran, including in regard to the Chabahar port project. United States
Are banks in Gaza jeopardizing economic sector? Banks are limiting their facilities in the Gaza Strip, which reflects badly on the already ailing economy. Palestine
How feasible is Khamenei’s economic doctrine for Iran? In one of his most comprehensive explanations of his economic doctrine, Iran’s supreme leader outlined his focus on self-sufficiency, import substitution, putting an end to oil dependence and prioritizing the agricultural sector. Iran
Central Bank: 2019 will be difficult for Tunisian banks Tunisia's financial and political quarters worry about an imminent liquidity crisis threatening the banking sector. Tunisia