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
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
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
