Explainer UAE-Egypt ties keep growing as Cairo navigates shifting Gulf landscape An Emirati investor could soon strike a $2.7 billion deal to develop another tourism project on Egypt's North Coast, the latest in a string of UAE-linked pacts that have continued advancing despite turmoil from the US-Iran war. Egypt
Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington Already a leading recipient of US aid, Jordan has secured fresh funds from the United States as the Iran war tests Amman and Washington's partnerships. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How Gulf banks are absorbing Iran war shocks GCC lenders had a strong hand when the Iran war erupted, affording them resilience to shocks, but risks remain. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
US to drop Syria from terror blacklist The terrorism label remained a key obstacle to Syria's postwar reconstruction. Syria
Interview Saudi labor localization will take ‘generation or two': Armada CEO Olivier Badard CEO of Armada Holding
Egypt seeks economic haven from coronavirus threat The Central Bank of Egypt is taking steps to protect the country's economy as it weathers the coronavirus pandemic. Egypt
Ankara’s economic measures bring little relief against virus crisis The embattled Turkish lira has continued to nosedive and Turkey’s risk premium has climbed to new highs despite a package of government measures to stem the economic impact of the coronavirus pandemic. Turkey
Lebanon struggles to cope with COVID-19 amid financial crisis As Lebanon reels under the brunt of the worst financial crisis in its recent history, the government struggles to provide the necessary equipment to be able to cater for a potential increase in novel coronavirus cases. Lebanon
What impact will Lebanon’s looming debt crisis have on its society and economy? Lebanon’s government is still negotiating the issue of Eurobonds maturing next week, with analysts saying that whatever the steps, Lebanon will face an even more agonizing economic downturn. Lebanon
Debt ordeal hovers over Turkey’s ‘megaproject’ builders Companies involved in Turkey’s “megaprojects” have incurred some of the worst damage that the slump of the Turkish lira caused on foreign loan liabilities in the private sector. Turkey
Lebanon’s new government has its work cut out for it The newly formed Lebanese government is in for real challenges, mainly the crisis of the collapsing Lebanese pound and debt that has reached a record level. Lebanon
Fresh currency fears loom over Turkey Despite a series of unconventional measures to keep hard currency prices in check, Turkey appears headed for fresh currency turmoil. Turkey
Lebanon to ask IMF for technical help with economic crisis Amid a deepening financial and monetary crisis plaguing Lebanon, a government source announced that the country is to officially request the IMF’s help. Lebanon
Why are more Russians buying property in Turkey? Despite political tensions between Moscow and Ankara, Russians are increasingly purchasing property in Turkey. Turkey
Will Palestinian central bank, currency ever see light of day? A Palestinian central bank has been a long time in the making, and if Israel reacts as expected, it could be even longer before the institution becomes a reality. Palestine
Turkey edges toward Islamic law with new finance rules Turkey's ruling party has imposed religious rules in the public sphere, a move that could have major implications for the country's future. Turkey
Fresh banknotes spark new economic war in Yemen The UN-recognized Yemeni government has pumped new banknotes into the country, but the Houthis are banning their circulation in areas under their control, burdening Yemenis and exacerbating problems for the already struggling economy. Yemen
