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
Lebanese bank official arrested for alleged currency manipulation Lebanon's central bank denied the allegations; the Lebanese pound's value has decreased significantly amid the ongoing economic crisis. Lebanon
Gulf’s megaprojects face delays, reassessment Saudi Arabia has cut capital expenditure for a number of Vision 2030 projects amid a drop in oil prices and Chinese investment. Will other Gulf states follow suit? Saudi Arabia
Have taxes killed GCC economic integration? Saudi Arabia's recent decision to increase its value-added tax by 200% could spell the end of chances for regional economic integration and policy coordination. Saudi Arabia
Israel gives final go-ahead for cannabis exports Israeli Economy Minister Eli Cohen gives his final approval for the export of medical cannabis. Israel
Iran’s industry minister sacked amid crumbling economy In a surprise move, Iran’s president dismissed his minister of industry as the sector is increasingly plagued by US sanctions, untamed inflation and corruption. Iran
Iraq reopens 2 border crossings to help boost battered Iranian economy Two of five Iranian-Iraqi border crossings reopen for both goods and individuals, to the benefit of Iran's sanctions- and coronavirus-hit economy, and of Iraqis in the south and in the KRG-run north. Iraq
Malls reopen, antivirus measures eased as Turkish economy teeters Shopping malls, barber shops and some stores reopened across Turkey Monday as the government rolled backed coronavirus precautions with aims to bolster the battered economy. Turkey
Jordan reopens stock market after two months, value falls Jordan's stock market resumed trading after a two-month shutdown amid the coronavirus crisis, but stocks continued to fall. Jordan
Why is Turkey prioritizing shopping malls in reopening plan? Ankara’s haste to reopen shopping malls may be an effort to revive sagging consumption, but it also has to do with a tight nexus between politicians and businesses in the country. Turkey
Uber lays off 40% of Cairo office, largest in Middle East The layoffs come amid global cuts as the coronavirus pandemic sees revenues drop. Egypt
With virus numbers low, Turkey turns to ailing lira Nearly 83,000 people in Turkey have recovered from the novel coronavirus but as the government touts its success on the public health front, another fire has ignited: a record low in the lira as foreign investors flee. Turkey
Iran says it is exporting coronavirus diagnostic kits Iran announced the export of its first batch of domestically produced coronavirus diagnostic tests to Germany, saying it is receiving similar orders from other nations plagued by the pandemic. Iran
