Analysis Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping Turkey is using the Hormuz crisis to promote Iraq- and Syria-based Gulf-Europe corridors, but experts say the routes remain too costly, underbuilt and politically fragile to rival maritime shipping. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
UAE eyes first multifuel pipeline as Hormuz crisis drags on State-owned Abu Dhabi National Oil Company is considering building a refined oil products pipeline that bypasses the Strait of Hormuz. United Arab Emirates
Interview Saudi Arabia eyes state-backed stablecoin amid digital finance push Tokenization in Saudi Arabia has rapidly evolved from concept to early-stage execution since the early 2020s.
Gulf celebrates Eid al-Adha under shadow of war The holiday marks the first time in decades that Gulf states are observing one of Islam’s holiest celebrations against the backdrop of a regional conflict. United Arab Emirates
Analysis Why Turkey sees opportunity in Hormuz crisis to boost Middle Corridor By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Analysis Pushed out of Sahel, Macron turns to Egypt and Africa's anglophone countries By Rina Bassist , Rosaleen Carroll
Analysis Pakistan’s six corridors offer Iran a trade lifeline, could outlast Hormuz crisis By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis From hoarding to unemployment: Iran's economy buckles under US pressure By A correspondent in Tehran In Tehran, reporting on politics
Gulf consolidates stature as sovereign wealth hub, lags on per capita holdings A frenzy of recent initial public offerings has again highlighted Gulf states' statuses as global wealth hubs. By Sebastian Castelier In Dubai, reporting on regional business
Israel's Smotrich will abolish free trade deal with Turkey, slap 100% tariff As Israel becomes increasingly isolated internationally, the army stated that two Thai workers, presumed kidnapped by Hamas, were actually killed by the group on Oct. 7. Israel
Dubai beats Singapore, London as top city for 'greenfield' FDI projects FDI Markets data, compiled by the Financial Times, found the UAE's financial capital ranked top overall in global "greenfield" FDI projects attracted in 2023. United Arab Emirates
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
