Analysis Gulf aluminum pursues global deals as Hormuz crisis accelerates shift Gulf aluminum exporters are targeting global deals amid fallout from the US-Israel-Iran war, which has pushed prices to multiyear highs in early June. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi Arabia lifts 5-year ban on Lebanon imports: What to know Saudi Arabia had been a main donor for Lebanon before ties strained during Hezbollah’s rising influence in the country. Lebanon
Suez Canal traffic soars as Hormuz disruptions reroute energy trade The canal generated $419 million in revenue in April, up 27% year over year. Egypt
Syria says Iraqi oil shipments surge as Damascus courts foreign energy investment Speaking at the Atlantic Council Global Energy Forum in Washington on Tuesday, Syrian Petroleum Company CEO Yousef Qiblawy said Iraq's overland oil exports through Syria have expanded rapidly in recent months. Syria
Analysis Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Russian Industrial Zone in Suez to be launched soon The construction of the Russian Industrial Zone in the new Suez Canal Economic zone is expected to begin soon, in a project that Egypt hopes will boost its economy. Egypt
Egypt’s unemployment rate declines to pre-revolution levels amid economic recovery Although the Egyptian government is initiating programs to encourage work in the private sector, some graduates still see unemployment as a threat to young people. Egypt
Iran’s top banks launch blockchain platform to boost ailing banking system Banking giants in Iran have established a digital tokenization platform to liquidize bad assets. If it can overcome the many challenges on the way, it could generate vital cash — and public trust. Iran
Erdogan blasts polling as Turkey's local elections approach President Recep Tayyip Erdogan, long a close observer of opinion polls, now indicates they are not to be trusted when it comes to March 31 local elections that may put his leadership to the test. Turkey
Gazans reluctant to import from Egypt despite Hamas’ encouragement Although Hamas reduced fees imposed on goods entering the Gaza Strip, it seems local traders are hesitant to import from Egypt, which imposes high fees on traded products. Palestine
Iraq-Jordan trade deal opens new doors for regional trade A breakthrough trade agreement may signal new trend toward integration; Erdogan plays Syria card in Turkish elections; HTS undermines Turkish-backed groups in Idlib. Iraq
Trump introduced Qatari to donor pursuing nuclear power project, report says A Tennessee businessman says US President Donald Trump introduced him to a potential Qatari investor at his Mar-a-Lago resort in spring 2018. Saudi Arabia
Iran questions Iraq's promise to import oil despite sanctions In a surprising statement, Iran's oil minister recently complained that Iraq is abiding by the US sanctions and canceling some energy deals with Iran. Iraq
Is Egyptian parliament encouraging alcohol consumption? The Egyptian parliament's approval to lift the prohibition of the sale of alcohol in the law on shops has stirred a wide controversy in a country where Sharia is the source of legislation. Egypt
Turkey’s agricultural decline drags down related industries The alarming decline in Turkey’s agriculture, the core reason behind soaring food prices, is having a spillover effect on agro-industries, especially the food and beverage sector as well as other industries that manufacture inputs for the agricultural sector. Turkey
Baghdad defends advantages of Iraq-Jordan agreement from critics Iraq's recent agreement to exchange Iraqi discounted oil with imported goods from Jordan free of customs fees has stirred the outrage of Iraqis. Iraq
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
