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
Russia may have designs on Iran's trade with Syria Observers wonder whether Russia will cut into Iran's trade volume with Syria. Syria
Turkey grapples with big trade deficit with China Amid Washington’s trade war on China, Ankara is also grumbling about a massive trade gap with Beijing, but a number of factors stand in Turkey's way to resolve the deficit. Turkey
After finalizing IMF loan, Egypt’s reforms target industrialization, exports An IMF mission, currently in Cairo to review Egypt’s economic reform program under a $12 billion loan, is focusing on the country’s plan to launch structural reforms, targeting the industrial and export sectors. Egypt
Iranian National Oil Company opens office in Iraq Tehran expands its economic and political influence in Iraq via its National Iranian Oil Company. Iraq
PA wants to break free from reliance on Israeli electricity Jordan and the Palestinian Authority are about to sign an agreement under which the kingdom would supply electricity to the West Bank. Palestine
Istanbul election rerun brings Turkey fresh economic turmoil The cancellation of the opposition victory in the mayoral race in Istanbul has raised the specter of more trouble for the Turkish economy, which is already grappling with recession and currency-related tumult. Turkey
Egypt’s private sector to revamp 150 historic buildings in Cairo The Egyptian government is drawing up a plan to turn over historic buildings to the public sector to help refurbish them and rent them out Egypt
Will Gaza contractors be able to resolve their crisis? The losses incurred in the construction sector in the Gaza Strip since 2007 have prompted the Palestinian Contractors Union to plan a September exhibition with the goal of promoting this sector; success in this endeavor, however, may hinge on the Palestinian Authority. Palestine
Boys' rescue from forest provides bright spot for Turks The rescue of two boys, ages 4 and 5, from a forest brought a modicum of hope the day after May Day to Turkish union members and others who have seen their buying power dwindle and are still seeing the nation's governing party trying to reverse the results of the March 31 Istanbul mayor election. Turkey
Intel: How Russia and Turkey are growing closer at US expense The April 30 phone call between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan covered a broad range of topics, from trade to military cooperation to Syria, as the two countries continue to grow closer amid US-Turkey tensions. Syria
Russia consolidating its position in Iraq amid anti-Iran sanctions Russian and Iraqi officials convened in Baghdad for another bilateral commission session to discuss energy and security cooperation amid US anti-Iran sanctions. Iraq
Gaza’s Justice Ministry has a new delivery service For the first time, judicial notification and papers in Gaza will be delivered by a private company. Palestine
