Saudi Arabia outlines oil export plans amid escalating Houthi attacks Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis. Saudi Arabia
Iraq devalues dinar 13% as Hormuz disruption hits oil revenue The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320. Iraq
Erdogan aide named suspect in Turkey financial scandal Former AKP deputy chairwoman Fatma Betul Sayan Kaya is facing allegations of being linked to a market manipulation scandal. Turkey
UAE-Syria move ahead on $20 billion real estate mega-developments Major housing and tourism projects in Damascus and Latakia are set to advance following a new agreement with UAE real estate tycoon Mohamed Alabbar. Syria
Analysis Turkey’s $20B fund crisis: Who profited, and who will pay? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Consumer prices dropping in Iran as currency regains value Consumer prices are reportedly dropping in Iran after a period of untamed jumps rarely seen in the country's recent history. Iran
How Iran’s quasi-state firms intensify currency crisis The clash between the Rouhani administration and Iranian petrochemical companies over foreign currency earnings is another chapter in the battle between the government and quasi-state actors. Iran
Egyptian MPs visit Ireland to boost economic ties An Egyptian delegation visited Ireland to boost economic relations between the two countries, while focusing on the exchange of expertise in the field of livestock. Egypt
Turkey steps up ties with Palestinian Authority Turkey and the Palestinian Authority have signed new agreements, indicating Ankara intends to broaden official dealings with the PA, but limit its financial assistance to the Gaza Strip to relief agencies. Palestine
Iranians mob money changers to sell dollars as rial jumps Iranians rushed to money changers in several cities to sell their "home-kept" dollars as their national currency started to regain value. Iran
How the Rouhani administration can contain excess liquidity In the absence of genuine reforms that will allow the adoption of more prudent fiscal, monetary and foreign currency policies, the Iranian economy will remain structurally crisis-ridden. Iran
Egypt’s stock market faces fluctuations over manipulation case A move to charge prominent investors, including sons of former President Hosni Mubarak, with stock market violations, has rattled the Egyptian Exchange, which was already on edge due to US trade policies and rising interest rates. Egypt
Palestinian Authority, Jordan work to boost economic ties Palestinian and Jordanian ministers plan to hold intensive meetings in the next few months to tackle several issues related to joint trade cooperation between the two countries. Palestine
Why Turkey’s new economic program failed to impress The Turkish government’s hallmark rejection of self-criticism affects consistency and realism in its diagnoses of economic woes and the remedies it plans. Turkey
Is Jordan ready to normalize ties with Syria? Syrian and Jordanian officials are in technical talks about reopening their border for trade purposes, but analysts have noted Amman's wariness about normalizing relations for fear of its possible effect on relations with its Arab and Gulf allies. Jordan
Can Tunisia handle public sector strike? While the Central Bank of Tunisia recommends taking exceptional measures to deal with the alarming economic situation by imposing new rules on banks to measure the ability to meet their engagements, there is fear the country could go bankrupt especially as labor unions are threatening to go on strike. Tunisia
Palestine stock exchange defies all odds The Palestine Securities Exchange (PEX) announced profits of around $167 million in the first half of 2018; however, the general economic situation in Palestine is going downhill. Palestine
