China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Explainer King Abdullah visits China as region hedges against US unpredictability With no end in sight to the war in Iran and an unchecked Israeli policy across the region, the kingdom is hedging against future uncertainty and a less predictable US policy. China
Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94 In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences." Iran
Jordan's King Abdullah heads to China in first visit since 2015: What to know Ahead of the visit, King Abdullah said that Jordan hopes to expand cooperation with China in green energy, tourism and aviation. Jordan
Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington By Samuel Wendel In Washington, DC, reporting on regional business and tech
Singapore's DBS Group, Banque Saudi Fransi ink Asia-Gulf trade deal Trade between Southeast Asia and the GCC reached about $130.7 billion in 2023 and is expected to grow by another $50 billion by 2027, according to the Singaporean lender. Saudi Arabia
FIFA, Arab League, World Bank: Who's pledging what toward Gaza’s $70B reconstruction? More than 90% of Gaza’s residential buildings have been damaged, and nearly 70% of all structures have either been severely damaged or leveled over the course of the war. Palestine
Somaliland leader courts Ethiopia in recognition push: What to know Somaliland President Abdirahman Mohamed Abdillahi visited Ethiopia for talks focused on security and economic cooperation as the Somali breakaway territory seeks global recognition. Somalia
Hong Kong exchange expands Gulf presence with new Dubai commodities arm The emirate has positioned itself as a global commodities trading hub, with the UAE ranking second globally after the US in last year’s Commodity Trade Index. United Arab Emirates
US Senate approves repeal of Caesar Act sanctions on Syria: What to know The 2019 Caesar Act imposed sweeping sanctions on Syria to hold the government accountable for human rights abuses committed during the country’s civil war. Syria
Saudi investment minister visits Morocco, Senegal on Africa trade drive Saudi Arabia has pledged more than $41 billion in investment in sub-Saharan Africa over the next decade. Saudi Arabia
Iran, Russia, Central Asia states ink Caspian Sea pact, plan naval drills The navies of Iran, Russia, Azerbaijan and Kazakhstan signed a comprehensive strategic cooperation agreement on Wednesday, aimed at strengthening security in the Caspian Sea basin as the four countries deepen their relations. Iran
World Bank ups Middle East 2025 economic outlook as oil, tourism rebound The lender expects gross domestic product growth in the region to average 2.8% this year, up from its April forecast of 2.6%. Iran
UAE deepens Asia ties as Malaysia, Australia trade deals kick in Asia accounts for around 60% of the world’s gross domestic product and pursuing trade deals there helps the UAE hedge against dependence on both the US and China. United Arab Emirates
What’s next for Saudi Arabia’s budget balancing act as deficit doubles? The Gulf state now expects a deficit of $65.3 billion in 2025 — more than double the initial forecast — as the kingdom continues heavy spending amid weak oil prices. Saudi Arabia
After China, Saudi industry minister visits Vietnam in eastward economic push Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef met with a number of Vietnamese officials on Monday as the oil-rich Gulf kingdom looks east to diversify its economic alliances. Saudi Arabia
Sudan, Russia sign trade deals as Khartoum seeks funds, Moscow eyes Red Sea port The meeting in Moscow produced two agreements and an economic and trade cooperation protocol. Sudan
