Egypt's Sisi visits Qatar, nabs $7.5B in investments: What to know President Abdel Fattah al-Sisi’s trip to Doha comes amid Egypt’s moves to improve ties with Turkey and tensions with the UAE over the Gaza war. Egypt
David Petraeus, ex-CIA head, tapped to lead KKR's push into Mideast markets The newly-formed team will identify investment and partnership opportunities in the region, with a focus on the Gulf Cooperation Council countries, the private equity firm said. Saudi Arabia
Turkey's Simsek says economy will ride out Trump tariffs without lasting scars Mehmet Simsek stressed that his government’s economic program has made the economy more resilient against internal and external shocks, highlighting that inflation has fallen and continues to drop. Turkey
Dubai free zone reports 24% increase in Chinese companies The Dubai Multi Commodities Center has more than 770 Chinese companies in its free trade zone. United Arab Emirates
UAE ranked first globally in attracting new millionaires in 2022 The UAE had the highest net inflow of millionaires in the world in 2022, while China had the highest net outflow, followed by India and the United Kingdom. United Arab Emirates
Saudi Aramco tops Middle East companies for 2023: Forbes The Saudi oil giant continues to perform well on the back of oil prices. The list also revealed strong performances by several Moroccan banks. Gulf
Analysis Turkey-UAE honeymoon on horizon after Erdogan's win, economic deals The UAE-Turkey $40 billion trade agreement ratified in May is an expression of the friendship between the two countries’ leaders, according to experts. By Salim A. Essaid
Analysis With Saudi Aramco's $50 billion deal, Turkey seeks less dependency on West The two major regional powers had grown distant over the years due to Erdogan’s ties to the Muslim Brotherhood and the 2018 killing at the consulate in Istanbul of Saudi journalist Jamal Khashoggi. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
UAE to cooperate with Hong Kong on fintech, crypto as China ties grow China’s relations with the UAE and other Gulf states are strengthening, particularly regarding economic and energy matters. Gulf
Erdogan vs. Kilicdaroglu: What to expect in Turkey's first ever election runoff Though polls give a lead to the incumbent president, a victory by the main opposition leader in Sunday’s presidential runoff seems still possible depending on a combination of challenging factors. Turkey
Qatar forum warns of economic downturn, shift in cryptocurrency One Qatar Economic Forum participant says it will take at least a generation to reach a point where the world can depend on clean power. Qatar
Qatar rolls out $275M market program in latest foreign investment push The Qatar Investment Authority is setting up a market-making initiative to draw in more foreign investor interest and build up its capital markets. Qatar
Double trouble: Lebanon’s Salameh gets second arrest warrant from Germany Riad Salameh is under increased scrutiny in Europe on suspicions of money laundering at a time Lebanon is grappling with a deteriorating financial and economic crisis. Lebanon
Turkey Elections: Currency fears grow ahead of presidential runoff Turkey’s foreign exchange crunch has become so grave that the authorities would even go for limiting cash withdrawals from credit cards to keep the Turkish lira from plunging. Turkey