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
Saudi National Bank will not increase stake in Credit Suisse after shares drop Credit Suisse’s financial struggles follow the collapse of Silicon Valley Bank and could likewise have ramifications for the Middle East. Gulf
Silicon Valley Bank collapse reverberates in Israel, Gulf Israeli startups had a lot of money in Silicon Valley Bank and may need the government’s help. Israel
Major bitcoin fraud case rattles Egypt Hundreds of Egyptians were swindled by an international crypto mining company, raising controversy over the digital currency that has grown in popularity in cash-strapped Egypt. Egypt
Egypt seeks to attract Islamic investors with debut sukuk, EGX Sharia index While the move to allow Islamic bond sales will diversify the government's funding sources, Islamic finance is still a relatively small part of the Egyptian economy. Egypt
Analysis Israel raises interest rates in eighth consecutive hike in 10 months Fighting rising inflation, Bank of Israel Gov. Amir Yaron took the unpopular decision of increasing the interest rates to 4.25%. By Danny Zaken In Ma'ale HaHamisha, reporting on Israel
Iran's currency dips to all-time low, basic prices skyrocket Recently launched government plans to restore stability to the troubled foreign exchange market proved no remedy, as ordinary Iranians continue to see their pockets shrink. Iran
Analysis Ukraine war at year 1: Has Gulf's neutrality on Russia invasion paid off? Gulf countries — mainly the United Arab Emirates, then Qatar — as well as Turkey have been major recipients of Russian real estate investment in addition to direct financial injections. By Salim A. Essaid
Bahrain hotel to accept cryptocurrency payments Crypto continues to grow in Bahrain despite the global crash. Gulf
Egypt plans to sell stakes in 32 state-owned companies within year The announcement comes as the government is moving to reduce the state’s footprint in the economy, and includes two military-owned enterprises and three banks. Egypt
Egypt’s non-oil sector suffering under high inflation: Report Egypt is experiencing rising inflation and the depreciation of its currency, but the country’s stock exchange is doing well and the IMF recently agreed to a massive aid package. Egypt
Egypt keeps interest rates unchanged to start 2023 Inflation in Egypt was on the rise at the end of 2022, with food prices being of particular concern. Egypt
Qatar stays put after US, Saudi Arabia, UAE raise interest rates The Gulf central banks’ moves followed the US Federal Reserve raising its rates. Inflation increased in both Qatar and Saudi Arabia at the end of 2022. Gulf
