What role is Jordan playing in Syria's reconstruction? As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction. Syria
Iran currency dips to new low of 1.2M per dollar as sanctions bite: What to know Since US President Donald Trump took office in January, the rial has plummeted. Iran
Meloni to attend GCC summit in Bahrain as Italy deepens Gulf ties The summit is expected to focus on economic integration in the Gulf, but regional issues will likely loom just as large, including post-war Gaza and the conflict in Sudan. Bahrain
Analysis US-Gulf critical minerals ties grow in bid to weaken China’s grip on industry Saudi Arabia and the UAE are emerging as indispensable partners to the United States in its efforts to “friend-shore” a strategic sector and supply chains dominated by China. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Deals and data: Saudi Crown Prince brings growing AI ambitions on US visit By Samuel Wendel In Washington, DC, reporting on regional business and tech
Saudi Arabia 'conservative' on oil revenue as it pares back Vision 2030 plans Mohammed Al-Jaadan warned that being a resource-rich country was a curse as well as a blessing because being dependent on one commodity such as oil can hold a country "hostage" to the volatility of global demand and prices. Saudi Arabia
How Iran could benefit from Chabahar Port deal with India India has been reluctant to move ahead with its plans for Chabahar due to US sanctions, despite an exemption. Iran
What does Turkey's three-year austerity plan to curb inflation entail? The plan is to increase the efficiency of the public sector through cost-cutting measures such as a ban on buying new vehicles for civil servants. Turkey
Emirates airline reports record $4.7B profit as Gulf competition heats up The Dubai-based airline has posted strong performance figures in recent months. United Arab Emirates
Turkey, Israel tangle in fresh row over trade ban The fresh tensions between the two regional powers seem to be stemming from a Turkish directive sent to companies that were doing business with Israel to introduce a three-month adjustment period for implementation of the trade ban. Turkey
Israel's Elbit clinches $53M deal to sell mortar systems to Europe Between 2019 and 2023, Israeli weapons constituted 2.4% of the global market, massively reshaped by Russia's invasion of Ukraine and increased imports by European countries. Israel
Dubai crowned wealthiest city in Middle East, home to 72,500 millionaires The number of individuals in Dubai with liquid investment wealth — assets that can be readily converted to cash — of $1 million or more increased by 78% between 2013 and 2023 to 72,500, according to a report. United Arab Emirates
Turkey and Kuwait sign six deals as Erdogan hosts country's Emir The Kuwaiti emir traveled to Turkey for his first foreign visit to a non-Arab country since he took the oath of office in December. Turkey
KFC, Pizza Hut profit in Middle East cut by half amid Gaza war boycotts Americana Restaurants said the decline was due to the “ongoing geopolitical tensions” in the Middle East and the effect of the Ramadan period. Israel
As it seeks to rival China and Pakistan, India sets its sights on Oman trade deal The agreement could serve as a "strategic lever" for New Delhi to expand its influence in the Middle East. Oman
UAE’s non-oil revenues hit by April floods, but quick recovery expected The seasonally adjusted S&P Global UAE Purchasing Managers’ Index fell to 55.3 points in April, still indicating growth, but had been at 56.9 the previous month. United Arab Emirates
UAE, Ukraine conclude trade deal talks, Emirates to help post-war reconstruction Ukraine’s bilateral trade has sharply fallen since Russia invaded the country in February 2022. United Arab Emirates
