Analysis As Carrefour retreats in Mideast, can new Gulf superstore brand advance? Amid rising competition and consumer boycotts of Western companies, UAE-based Majid Al Futtaim has begun pulling French retailer Carrefour from Middle East markets and rebranding outlets under a new name: HyperMax. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Bahraini protesters clash with police over new Israeli ambassador: What to know Bahrain normalized ties with Israel in 2020 and has sought to balance friendly relations and maintaining calm among its pro-Palestinian population amid the Gaza war. Bahrain
Egypt secures $220M from domestic, Gulf, Chinese investors for solar project Foreign investment from three countries comes at a pivotal time in Egypt’s recovery from its worst financial crisis in over six decades. Egypt
US to sell $500 million HIMARS rocket system to Bahrain The short-range artillery system will not alter the basic balance of power in the Gulf region, Pentagon says. Bahrain
Analysis Wary of Houthis, Gulf states fear blowback of US escalation in Yemen By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis From BRICS to dwindling oil revenues, 2024 was mixed year for Gulf By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
What does EU visa relaxation for Saudi, Bahraini, Omani citizens mean? Under the new rules, Bahraini, Omani and Saudi Arabian nationals will be eligible for multiple-entry visas, allowing them to visit the Schengen area (the EU’s 27 member states as well as Bulgaria and Romania) and move freely between them. Saudi Arabia
Middle East sees 23% drop in VC funding: Qatar, Bahrain, UAE hardest hit Qatar saw VC investments tumble by 57% to 43 million QR ($11.81 million), eclipsed only by Bahrain with an 82% drop. Qatar
Davos 2024: Inside Investcorp’s plan to build China-Gulf 'investment bridge' In an interview with Al-Monitor, co-CEO Hazem Ben-Gacem said there is a big push for infrastructure funding in the Asia-Pacific region, controlled buyouts in Japan and growth investments in India and China. Bahrain
Analysis Explainer: Why Bahrain supported US strikes on Yemen’s Houthis Bahrain’s geographical position and close ties to the US are influencing its policy on the Houthis’ attacks on ships in the Red Sea. By Adam Lucente In New York City, reporting on regional news, militancy, climate change
Bahrain's Investcorp buys 50% of Corsair's $4.8B infrastructure business The new entity, Investcorp Corsair, will continue to grow with a particular focus on transportation, logistics and related subsectors, a statement from the two companies said. Bahrain
In first, Bahrain asset manager targets up to $550 million in China yuan fund Gulf buyers have announced 13 acquisitions of public and private Chinese companies so far in 2023, compared to just one in the same period of last year, according to data compiled by LSEG. Bahrain
Bahrain inks US deal on heels of prison hunger strike Crown Prince Salman bin Hamad Al Khalifa met with senior US officials in Washington following the largest prison protest in Bahrain's history. Bahrain
Hamas, Hezbollah lash out at Bahrain as Israeli FM concludes visit Hamas criticized the visit as Israel’s relations with the island kingdom continue to improve, despite historically high tensions with the Palestinians. Israel
Bahraini cryptocurrency firm Rain to operate in UAE Cryptocurrency is growing in both the UAE and Bahrain amid regulatory challenges and market downturn. Legacy: Gulf
Bahrain, Turkey are Middle East's biggest eaters: Oxford rankings Bahrain and Turkey are listed among the top eaters globally, while daily calorie consumption in war-ridden Yemen stands behind the recommended level. Turkey
Entire UAE, Qatar, Bahrain populations vulnerable to extreme heat, study says The UAE is particularly vulnerable, with more than 80% of its population exposed to extreme heat even after a 1.5 C (34.7 F) rise in global temperatures over pre-industrial levels. Qatar
Bahrain FM Zayani takes shelter during Ukraine visit amid Russia's bombing A senior diplomatic source told Al-Monitor that Zayani “experienced the shelter life” in Kyiv on Wednesday and Thursday nights, a reference to the bomb shelters used by Ukraine to protect from Russian bombing. Legacy: Gulf