Maersk resumes Red Sea passage after two-year halt amid easing Houthi threat A ceasefire reached between Israel and Hamas in October has prompted some shipping companies to consider resuming services, but security concerns persist. Yemen
Analysis How Netanyahu ceded to Trump, agreed to Egypt's $35B gas deal The Israeli prime minister's frustration with Trump administration strong-arming continues, with pressure to sign Egypt gas deal and now a reported push for Sisi meeting. By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Israel's Netanyahu approves $35B natural gas megadeal with Egypt Prime Minister Benjamin Netanyahu announced Israel will sell Egypt natural gas worth $35 billion, in the biggest-ever deal of its kind for the country. Israel
Analysis Iran’s FM Araghchi in Moscow as biting sanctions drive closer Russia ties The economic agenda of the meetings in Moscow and Tehran reflected a deliberate effort by both governments to signal momentum in a partnership increasingly shaped by isolation from the West. By A correspondent in Tehran In Tehran, reporting on politics
Exclusive Inside Netanyahu’s pressure campaign to block Turkey, Saudi Arabia from acquiring F-35s By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
US, India, UAE, Israel convene I2U2 forum in Abu Dhabi The meeting builds on the food security initiative spearheaded by President Joe Biden in 2021 in preparation for global climate change. Legacy: Gulf
COP-28 head Sultan Al Jaber: UAE ‘running toward’ energy transition As the climate summit president continues to face criticism for his role as head of the UAE's state oil producer, Sultan Al Jaber argued that his position will serve more as an asset than an obstacle to energy transition. Legacy: Gulf
IMF director credits Gulf, India in boosting global economy The World Government Summit highlighted critical issues with the global economy and announced flying taxis in Dubai. Legacy: Gulf
From Israel to Egypt, how Adani Group's downfall could reverberate in Middle East The Indian tycoon's crumbling empire had made investments in Israel and Egypt, but relations between India and the region may chill if deals go bad. Israel
Egypt plans to sell stakes in 32 state-owned companies within year The announcement comes as the government is moving to reduce the state’s footprint in the economy, and includes two military-owned enterprises and three banks. Egypt
Egypt's economy takes another hit with rating downgrade Moody’s also said Egypt’s ability to generate domestic funding will help its economic outlook. Egypt
In Turkey, questions about country's preparedness after massive earthquake Only 0.5% of spending from the central government budget last year went to programs related to urban improvements and disaster management in quake-prone Turkey. Turkey
Egypt’s non-oil sector suffering under high inflation: Report Egypt is experiencing rising inflation and the depreciation of its currency, but the country’s stock exchange is doing well and the IMF recently agreed to a massive aid package. Egypt
HSBC warns Netanyahu’s judicial overhaul will harm Israel's economy The leading European bank echoed last week's warnings by JPMorgan over the negative effects the judicial reforms pushed by the current Israel government could have on the country’s economy. Israel
Explainer: What is behind Lebanon's new exchange rate? There are multiple exchange rates between the Lebanese pound and the US dollar, and the official rate being below the black market rate helps financial institutions pass on their losses to the public. Lebanon
In Egypt, economic heat of Russia's war in Ukraine is only getting worse Average Egyptians told Al-Monitor that everything from the price of tomatoes to bread is taking a toll on daily life and household decisions as country's economy reels under the heavy toll of the war in Ukraine. Egypt
Egypt's Sisi meets Modi, inks 'strategic partnership' on landmark India visit The trip could lead to greater cooperation between India and Egypt on trade, the Suez Canal, green hydrogen and more. Egypt
