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
Facing US sanctions, credit-fueled Turkish economy heads toward turbulence Through measures to free up capital flows, Turkey’s economy weathered the 2018 currency crisis, but analysts remain uncertain the nation’s markets can absorb more shocks as US sanctions loom. Turkey
Dollar shortage crisis in Lebanon spills into Syria The Syrian pound's value plummeted against the US dollar after the Lebanese pound depreciated. Lebanon
Will Turkish lira save economy in Syria's opposition-held areas? As Syria's currency plunges against the dollar, the opposition's Syrian Interim Government plans to replace the Syrian pound with the Turkish lira in the areas it controls. Syria
Lebanon’s real estate sector crumbles along with dreams As Lebanon’s economic crisis devastates the housing sector, homeowners are faced with increasing payments and debt tied to the dollar and rising interest rates. Lebanon
Turkey’s first 'indigenous and national' credit rating agency Turkey bought 85.05% of Japan Credit Rating Agency (JCR) Avrasya. How did a seemingly Japanese company became a national asset? Turkey
Turkish Central Bank suffers big credibility loss The Turkish Central Bank’s obedience to the government, both in terms of monetary policy and interventions in the foreign exchange market, is badly damaging its credibility among foreign investors, the ultimate cost of which will be borne by the crisis-hit economy. Turkey
As Lebanese PM lays out reform package, protesters demand more Although the Lebanese government has unveiled a set of reforms to calm popular protests, it appears unlikely the proposal will satisfy demonstrators' demands. Lebanon
Iran faces challenges in privatization plans For privatization to succeed in Iran, the government must empower the real private sector as opposed to semi-state entities. Iran
Palestine Monetary Authority gets grip on terrorism funding A new network will help Palestinian banks crack down on illegal money transactions by collecting more data from their customers. Palestine
Palestine no longer a safe environment for investments Economic indicators show an increase in Palestinian investment outside Palestine, stirring fears about the Palestinian economy. Palestine
Turkey’s wealth fund borrows to rescue companies Having borrowed 1 billion euros from foreign lenders, Turkey’s controversial sovereign wealth fund has turned to rescuing troubled construction companies. Turkey
Will Lebanese wait hours in gas lines as fuel crisis bites? Lebanese citizens are living day by day the repercussions of the dollar scarcity crisis, as the fuel sector threatens an open strike next week if the government fails to find a proper solution. Lebanon
