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
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
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
Saudi Arabia braces for economic impact Saudi Arabia and other Gulf Cooperation Council states must make dramatic cuts in spending, and not just on megaprojects, as unsustainably large annual deficits have arrived. Legacy: Gulf
Report: Private sectors in UAE, Egyptian, Saudi economies suffer dramatic losses IHS Markit, a global information provider, shows how the private sector has suffered major blows in the UAE, Egypt and Saudi Arabia. Saudi Arabia
Some Lebanese restaurants reopen with restrictions in place Not all Lebanese restaurants could afford to reopen after the government allowed them to operate at a limited capacity today. Originals
Lebanon to seek IMF assistance to help with economic crisis The prime minister said Lebanon would seek $10 billion in loans from the international financial institution after passing a reform bill. Lebanon
Despite cafes opening, Gazans still reluctant to go out Gaza restaurants are reopening their doors weeks after the lockdown, amid a low turnout of citizens who are still afraid of the coronavirus. Palestine
Lebanese protest dire economic conditions as coronavirus lockdown eases Protests have resumed in Lebanon, with many people lamenting hunger and economic strife as the country's financial crisis continues during the coronavirus lockdown. Lebanon
Israel under coronavirus: Economic straits revive social protests In the spirit of the wave of social justice demonstrations in 2011, Israelis in desperate economic situations due to the coronavirus outbreak are taking to the streets of Tel Aviv. Israel
Gaza farmers destroyed flowers amid lockdown The state of emergency imposed on the Gaza Strip due to the coronavirus pandemic has not spared the flower cultivation sector. Palestine
Lebanon becomes first Arab country to legalize cannabis farming Despite pushback from Hezbollah, the Lebanese parliament passed legislation Tuesday legalizing cannabis cultivation for medicinal and industrial purposes. Lebanon
Rouhani hits out at skeptics of Iran pandemic statistics The Iranian president said skeptics of the official coronavirus narrative in his country are serving as enemy mouthpieces. Iran
Larger than expected rate cut raises pressure on Turkish lira Turkey’s central bank surprised market watchers Wednesday with a significant interest rate cut to bolster the economy amid the coronavirus pandemic, though analysts say the move poses inflationary risks. Turkey
