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.
Egypt’s first sovereign wealth fund to tap unused assets Egypt recently announced the establishment of a sovereign wealth fund aimed at managing the state’s unused assets to promote development and investment projects. Egypt
Will latest interest rate hike break Tunisia’s back? Following Tunisia's third interest rate hike in 12 months, economic and political experts sound the alarm on shrinking purchasing power while the nation's largest trade union calls for protests. Tunisia
Refusing funds will cost Palestinians, perhaps Israel Several sectors will be affected by the Palestinian Authority’s decision to reject on principle a reduced transfer of tax funds from Israel. Palestine
Iran’s central bank under pressure to print money, weaken rial To cover the budget deficit, Iran’s lawmakers are seeking to force the central bank to print money. If they are successful, they will likely end up making life more difficult for average Iranians. Iran
As sanctions loom, Syria looks to retrieve funds from abroad Damascus wants the country's banks to develop incentives to bring Syrian funds back, especially those deposited in Lebanese banks. Lebanon
Can bitcoins save Hamas from its financial crisis? The armed wing of Hamas in the Gaza Strip announced that it has started accepting donations in bitcoin in a new attempt to overcome its financial crises. Palestine
Increase in Egyptian pound's value surprises Cairo currency traders A recent strengthening of the Egyptian pound against the US dollar is likely to be followed by a weakening of the pound in the coming months, experts say. Egypt
Egypt planning Asian market bond launch to pay down debt Egypt is readying a road show to promote its international bonds in Asia, after three failed bond auctions in 2018 in European markets. Egypt
As PA tightens financial noose on Hamas, citizens will suffer Upcoming sanctions on money transfer firms in the Gaza Strip — designed by the Palestinian Authority to weaken Hamas — will ultimately harm cash-strapped families and individuals. Palestine
Iranian fintech firms carve their place in fast-changing landscape Fintech firms in Iran have overcome significant hurdles during the past year to participate in devising regulations and setting the stage to change the country’s financial landscape. Iran
US sanctions accelerate Iran’s blockchain drive Iran is accelerating work on its blockchain-enabled projects, which could potentially include a multilateral replacement for SWIFT, in light of the reimposed US sanctions. Iran
Turks cannot pay back lavish consumer debts While interest rates increase in Turkey, the country's laborers, white collar workers and retirees struggle to pay back debts or obtain new loans. Turkey