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
US stock markets soar to new records amid Hormuz deal hopes The S&P 500, Nasdaq Composite and Dow Jones Industrial Average are on track for their best five-day performance since April 2025. Iran
Explainer Iran-Oman Hormuz route talks near 'completion': What to know The new framework would give Iran a greater role in managing one of the world’s most strategically important maritime choke points. Oman
Lebanon’s Riad Salameh hospitalized as arrest roils Beirut: What to know Lebanon's former Central Bank governor, Riad Salameh, was taken from prison to a hospital over his deteriorating health. Lebanon
Explainer Saudi airlines outbuy Gulf rivals at Farnborough air show: What to know United Arab Emirates
Yemeni economy in free fall amid collapsing currency, COVID-19 The majority of Yemeni society bears the consequences and stands alone, unable to confront the ravages of war, division and the ongoing economic deterioration. Yemen
Egyptian loans raise fears of impact on economy The Egyptian government expands borrowing from the IMF and selling international bonds, amid warnings of the danger of trying to solve the economic crises by borrowing from abroad, and demands to search for alternatives as Egyptian foreign debt reaches record numbers. Egypt
Survey: Displaced Iraqis experiencing job losses, food shortages amid pandemic The survey by the International Rescue Committee is the latest proof of economic hardship in Iraq as it grapples with a steep jump in COVID-19 cases. Iraq
Has China gained an edge on the US in the Gulf? China has upped the ante, but the United States holds the winning hand; Oman weighs risks and benefits of Gulf bailout; will migrant workers return to GCC? Legacy: Gulf
IMF official: Gulf economies to contract by 7.6% in 2020 The International Monetary Fund official's predictions are worse than earlier ones as the Gulf deals with oil price drops and the COVID-19 pandemic. Legacy: Gulf
Lebanon protests rage as currency plunges Protesters set fire to tires and waste containers to cut major roads throughout Lebanon. Lebanon
GCC faces possible setback with exodus of skilled professionals The coronavirus pandemic coupled with the oil crisis is pushing foreign workers to exit the Gulf states, perhaps shaping future labor policies. Saudi Arabia
Tunisia’s removal from EU financial blacklist should help boost economy Three years after being designated as a high-risk country with strategic anti-money laundering and counterterrorist financing deficiencies, Tunisia is officially off the list and getting ready for foreign investments. Tunisia
Oman’s state-owned entities change hands As the newly-formed Oman Investment Authority takes over most of the Gulf country’s public assets, questions arise as to whether this is streamlining the administration, economic reform or power consolidation? Oman
Iran's economy in desperate need of solutions Amid a drop in global oil prices, even relief from US sanctions may not be enough to save Iran's collapsing economy. Iran
Egypt’s military companies seek private investments The Egyptian military seeks to expand investments in partnership with the private sector, thus crowding out civilian-run companies, amid the economic recession due to the coronavirus crisis. Egypt
Lebanon’s central bank to inject dollars as currency crashes The Lebanese pound trades at roughly 6,000 to the US dollar on the black market; Lebanese officials take action to try to get the parallel market under 4,000 to the dollar. Lebanon
