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
Saudi Arabia's economy shrinks by 4.8% amid Iran war: What to know The kingdom saw a 24.7% year-on-year decline in its oil sector for the April 1 to June 30 period due to the closure of the Strait of Hormuz. Saudi Arabia
Explainer Saudi airlines outbuy Gulf rivals at Farnborough air show: What to know United Arab Emirates
Turkish, Armenian envoys to meet Wednesday amid renewed peace push The sixth round of Turkish-Armenian normalization talks will follow the Washington peace summit between Armenia and Azerbaijan, which is expected to inject fresh momentum into reconciliation efforts. Turkey
Turkey's trade deficit falls to lowest level in nearly four years: What to know Turkey’s trade deficit in August shrank to $4.17 billion, its lowest level in 46 months, Trade Minister Omer Bolat said. Turkey
UAE says Israel’s West Bank annexation push a ‘red line': What to know There are growing indications that the Israeli government is seeking to annex the Palestinian territory, but the UAE is becoming increasingly critical of the plan. Israel
Egypt, Turkey ink investment deals with China on SCO Summit sidelines Egyptian Prime Minister Mostafa Madbouly and Turkish President Recep Tayyip Erdogan were in China for the two-day summit. Egypt
Analysis Arid Gulf states pursue global water deals, leveraging desalination expertise After becoming leaders in domestic water desalination, Gulf states are spotting opportunities to generate lucrative returns by exporting their know-how in a world facing growing water pressures. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How India-China reset could ease competition over Middle East energy, trade Experts suggest the improved ties could allow both countries to pursue joint projects and strengthen their economic and strategic roles in the Middle East. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Amid Trump tariffs, UAE, Singapore to form trade group of small nations The new group, the Future of Investment and Trade Partnership (FIT-P), is expected to include around 10 countries, with the UAE, Singapore, and New Zealand being founding members. United Arab Emirates
US eases export controls to boost Syria's recovery The move is the Trump administration’s latest bid to assist the country's postwar reconstruction. Syria
UK bans Israeli officials from major defense fair: What to know After suspending trade talks and sanctioning Israeli far-right ministers, the British government barred an official Israeli delegation from a major London defense fair. Israel
Somalia, UAE hold talks as tensions simmer over Puntland, Somaliland The visit occurred on the same day that Somalia's president met with Sudan’s intelligence chief. United Arab Emirates
Iran's currency plunges below 1M against dollar as E3 triggers snapback sanctions Iran's struggles with inflation and the depreciation of the rial could be compounded by Europe reimposing sanctions over the nuclear issue. Iran
ACWA Power, TAQA among Saudi firms backing Syria's energy comeback Some 14 years of civil war have wiped at least $800 billion from the country’s gross domestic product, according to UN figures. Syria
