Mubadala investments soar by 33% as UAE deepens AI ties with US Mubadala made 119 billion Emirati dirhams ($32.4 billion) worth of investments in 2024, up 33.7% from the previous year, according to a Thursday statement from the UAE fund. United Arab Emirates
Lebanon secures initial World Bank approval for $400M loan Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government navigates ongoing political and security challenges. Lebanon
IMF appoints first Syria mission head in 14 years: What to know Syria's new government faces the task of revitalizing an economy that has been devastated by 14 years of war and ravaged by international sanctions. Syria
First Syria delegation under Sharaa visits US, will attend IMF meetings: What to know Syria's new government faces the daunting task of rebuilding an economy shattered by war and burdened with debt, ongoing sanctions and reconstruction costs. Syria
Will Egypt get handle on its public debt? Parliamentary committees are making noise about plans to address Egypt's public debt, in part by establishing mechanisms to optimize the use of loans and grants. Egypt
Why is Egypt canceling T-bond auctions? For the second time this year, the Egyptian government canceled the sale of treasury bonds after banks demanded higher interest rates. Egypt
US sanctions cause big losses for Iraqi investors in Iran As the United States reactivates sanctions against Tehran, Iraqi investors in Iran are taking major economic hits and some businesses are being forced to close. Iraq
Russia-led regional payment network could blunt US sanctions on Iran Russia is reportedly expanding on previous talks with Iran to create a regional integrated payment network. Russia
The interest group economics wreaking havoc on Iran's currency Absent tackling such root issues as banking and financial sector reform, Iran’s political economy is likely to continue to shape government policy to the detriment of the economy and the society as a whole. Iran
Will new e-payment regulations boost Gaza's gig economy? The Palestine Monetary Authority introduced new regulations and licensing to secure and expand electronic payment services, a step that could allow more Gazans to receive remittances for work conducted online for foreign companies. Palestine
