Who is Bill Pulte, Trump loyalist tapped as intelligence director? The US president announced he had picked the fed housing chair to lead the nation’s intelligence agencies, at least temporarily, after the resignation of Tulsi Gabbard. By Jared Szuba In Washington, DC, reporting on defense, national security, military
Interview Saudi Arabia eyes state-backed stablecoin amid digital finance push Tokenization in Saudi Arabia has rapidly evolved from concept to early-stage execution since the early 2020s.
Analysis Ports and infrastructure: UAE embraces new economic order in Syria UAE-Syrian ties have moved faster than expected, with Abu Dhabi embracing President Ahmad al-Sharaa and relations shifting from normalization to investment opportunities. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Interview UK fintech brings foreign currency accounts to Syrians at home The launch comes as Syria’s new government attempts to stabilize the country’s shattered economy following the January 2025 rise to power of President Ahmed al-Sharaa after the ouster of former President Bashar al-Assad.
Iran's presidential hopefuls promise big on economy, but can they deliver? While candidates for the election this Friday have a long list of promises to fix the economy, inefficiencies in Iran's political structure limit the president's ability to make lasting change. Iran
Turkish lira remains volatile after surprise dip in inflation data Turkey’s annual inflation unexpectedly dropped to 16.59% in May, according to data published Thursday. The news did not steady the nation’s currency, which slid on market concerns over an early interest rate cut. Turkey
Turkey’s lira hits record low again The currency’s drop followed comments made by President Erdogan about lowering interest rates. News Brief
Israel could get own digital coin Joining the global race, the Bank of Israel presented last week the model it recommends for the digital shekel coin. Israel
Rifts plague Libya’s central bank Although a new unity government was formed in Libya, ending years of division in state institutions, conflicts still plague some financial institutions that control the country's economy, namely the central bank. Egypt
Turkey bans cryptocurrency payments The Turkish Central Bank said cryptocurrencies like Bitcoin are too risky and forbade their use in the country. News Brief
Israel’s first digital bank now rolling Israel’s first digital bank wants to create a revolution in the banking sectors, much like Spotify revolutionized the music industry and Tesla the vehicle market. Israel
Turkish markets rattled after surprise firing of central bank head Turkey’s lira and main stock index slid about 9% Monday as markets reacted to the surprise removal of the nation’s central bank chief amid broader political turmoil. Turkey
Turkish Central Bank holds interest rate steady As forecasted, Turkey’s Central Bank policymakers held a key interest rate steady Thursday, saying they would continue working to reel in the nation’s double-digit inflation. Turkey
Cash-strapped Turkey relies on Qatari investments In only five years, Qatar has come to account for 15% of all foreign direct investments in Turkey, second only to deep-rooted Dutch investors. Turkey
International financial alliance forms to help Iraq Several countries are forming an economic alliance to help Iraq in its financial crisis. Iraq
