Kuwait's LNG imports climb to highest level since start of Iran war The country's domestic gas production has fallen drastically since the beginning of the US-Israel-Iran war in February. Kuwait
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
Turkey’s controversial wealth fund stumbles badly since hasty creation Turkey’s sovereign wealth fund, which holds key public assets worth $160 billion, has stumbled badly since its hasty creation in 2016. Turkey
Egypt planning slew of IPOs to boost 2018-19 budget Listing 23 Egyptian state-owned companies on the stock exchange is among several steps that the recently announced state budget will rely on to achieve a 5.8% growth rate in the next fiscal year. Egypt
What's behind Iran's massive capital flight? While a large amount of hard currency has left Iran in the years since the implementation of the nuclear deal, the picture is more complex than a simple case of investors rushing to move their capital outside the country. Iran
Iran MPs call on Central Bank governor to resign as rial plummets Iranian President Hassan Rouhani and Central Bank Gov. Valiollah Seif have come under heavy fire over the sudden devaluation of the rial. Iran
Turkey to lower price of citizenship for foreign investors Disappointed by the impact of a citizenship incentive offered to foreign homebuyers last year, Ankara is expected to lower the bar from $1 million to $300,000. Turkey
Iran raises minimum wage in concession to workers Iranian laborers are set to receive an almost 20% increase in the minimum wage in a concession from the authorities. Iran
What's really driving currency depreciation in Iran? Rather than an indicator of a poor economy, the devaluation of the Iranian currency is the result of investment behavior, and what we are witnessing now looks more like a bubble. Iran
Turkey’s economic woes open cracks in government ranks Amid failing efforts to halt the slump of the Turkish lira, President Recep Tayyip Erdogan and senior Cabinet members appear increasingly at loggerheads over how to keep the economy afloat. Turkey
Beirut renames seaside avenue after Saudi benefactor Will King Salman Avenue bring Lebanon more Saudi tourists, or does it just represent the failures of the Lebanese political system? Saudi Arabia
Rumors of Turkish deputy PM's departure spook markets The Turkish lira took a tumble amid reports that Mehmet Simsek, the deputy prime minister in charge of Turkey's economy, had resigned. Turkey
Energy, military cooperation dominate Putin’s visit to Turkey Turkey anticipates even deeper ties with Russia as the two countries embark on massive development projects and a major military contract. Turkey
Moroccan government lashes out at protest organizers in mining town The Moroccan government has accused Islamist and leftist movements of being behind the ongoing protests in the city of Jerada. Morocco