Explainer IMF projects Gulf rebound in 2027. Can energy production keep pace? Restoring shipping access in the Strait of Hormuz is only part of the recovery, as Gulf producers also need to repair damaged infrastructure to avoid further disruption to production and exports. Saudi Arabia
Jeddah airport flights disrupted as Houthis escalate threats Saudi Arabia’s busiest airport, Jeddah King Abdulaziz International Airport, saw widespread flight cancellations and delays on Tuesday. Saudi Arabia
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
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
Trump’s steel tariffs add to US-Turkish bickering Turkish manufacturers see “great injustice” in Washington’s new steel tariffs, as Ankara seeks compromise on the issue amid the tense political climate between the two countries. Turkey
How Trump is prompting Iran to improve ties with its neighbors Iran’s long-touted motto of prioritizing good ties with immediate neighbors is finally taking shape in apparent response to US-led pressure. Iran
Are Iranians ready to 'Buy Iranian'? As Iran rings in the new year, the government has launched a campaign to encourage the public to buy locally made goods, but whether the public has as much enthusiasm for local products is another question. Iran
Egypt’s trade with Turkey grows despite political rift Egyptian efforts to attract investors and openness to Turkish investors have helped reduce Cairo's trade deficit with Ankara, despite ongoing tense bilateral political relations. Egypt
Iran’s supreme leader urges people to support national products In his annual Nowruz speech, Ayatollah Khamenei called on Iranians to support domestic industry by buying locally made products. Iran
Blindsided Bahrain lobbies against Trump tariffs The major aluminum exporter and US Navy host has been blindsided by President Donald Trump’s 10% tariffs on aluminum. Bahrain
Protests in Tunisia's phosphate regions threaten economy The recurrent disruption of phosphate production puts Tunisia's economy in the face of new challenges. Tunisia
Tunisia hopes boost in Chinese investment can ease economic woes After years of placing investments elsewhere in the African continent, China is increasingly looking to Tunisia to serve as an ideal middleman to control passageways between North Africa and Europe. Egypt
Can European business and technology save the Iran deal? Far from being a passive bystander as the Trump administration moves to tear up the Iran nuclear deal, Europe has plenty of options to save the accord. United States
Economic gloom fuels flight from Turkish lira The Turkish government slammed Moody’s for downgrading Turkey’s credit rating, but its own citizens are increasingly fleeing the Turkish lira for the safety of hard currencies. Turkey
Iran's break with dollar easier said than done The Iranian authorities’ move to ban import orders registered in US dollars presents yet another challenge for the private sector. Iran
Saudi Arabia looks to expand its footprint in Iraq Following decades of setbacks and years of a rift, Saudi Arabia's rapprochement with Iraq and its support for stability there is accelerating, in what is deemed to be a fundamental change in the relations between the two countries. Saudi Arabia
