Israel rejects Ukraine's claim that Russian shadow fleet vessel docked in Haifa Ukraine alleges the vessel unloaded wheat taken from occupied territories in Haifa, while Israel says ship had not entered the port. Israel
UAE’s cash request tests US ties as Iran war strains Gulf financial muscle Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now. United Arab Emirates
How are Iran-linked tankers still moving through Hormuz blockade? At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa. Iran
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Ceasefire without relief: How Iranians are grappling with post-war repression By A correspondent in Tehran In Tehran, reporting on politics
Iraq’s governorates reject 2019 draft budget Iraq's 2019 draft budget is the target of major criticism by the Iraqi governorates and Kurdistan Region for not fulfilling their needs and demands. Iraq
Morocco eyes privatization to fill its budget deficit The 2019 finance bill shows a return of the privatization process in Morocco as a step in the direction of opening up the economy, but economists believe this is the ultimate proof of a failing fiscal policy. Morocco
Sanctions push Rouhani to boost state involvement in Iran’s economy The impact of the re-imposed US sanctions has forced the Rouhani administration to shift its market-oriented approach to the economy to focus on active involvement by the state. Iran
Turkey’s first 'communist' grocery chain goes global Led by Turkey’s first and only communist mayor, the small town of Ovacik boasts a flourishing farming cooperative whose organic products have taken customers across the country by storm. Turkey
Can new PM make Iraq's grand plans a reality? Iraq's new prime minister is making the economy a priority, but some question whether he will be able to tackle longstanding roadblocks that threaten his plan's success. Iraq
Humor helps Egyptians let off steam during potato crisis Egyptian President Abdel Fattah al-Sisi's comments about youth obesity and a potato shortage at a recent youth conference have unleashed a wave of sarcasm on social media, giving disaffected Egyptians an opportunity to vent their frustration with the rising cost of living. Egypt
Turkey's Finance Ministry, Moody's have opposite views on economy's direction Moody's sees the Turkish economy as likely in recession, while Erdogan's son-in-law says positive results are on their way. Turkey
Iran’s plan to sell oil on local energy exchange could boost economy Iran’s plan to develop an alternative channel to monetize its oil through a local energy exchange faces many obstacles but holds real potential of boosting domestic capacities. Iran
Turkey's skyrocketing food prices show no sign of slowing Ill-advised policies over the decades have reduced Turkey to a net food importer despite its significant agricultural potential, fueling a dramatic increase in food prices that deals the hardest blows to the poorest citizens. Turkey
Al-Bab’s historical covered marketplace back in business Store owners at a market in al-Bab have reopened their shops, which were heavily damaged in the fight against the Islamic State. Syria
Egypt turns jails into economic hubs to outpace inflation As commodity prices continue to increase, Egyptians are resorting to products made in prisons under the government’s policy to encourage detainees to work and learn trades. Egypt
Sudan, Egypt mend fraying ties Sudan decided to lift the ban imposed on Egyptian imports more than a year ago, which raises questions about the impact of this decision on the Egyptian economy in the coming period. Egypt
