Iran war deepens Gaza crisis as prices soar, aid falters Gazans fear that Israel could exploit the wider regional war to reenter Gaza, especially as buffer zones along the border continue to expand and civilians are targeted to keep them away. By Daoud Kuttab In Amman, reporting on Palestinian politics
Israel energy minister says gas flowing to Egypt, Jordan despite shutdown reports Israeli Energy Minister Eli Cohen told Al-Monitor that despite security concerns and partial shut down of marine gas platforms, Israel continues to supply gas to Egypt, Jordan and Israeli consumers. Israel
Saudi Arabia launches new Bahrain maritime link as Hormuz routes strain The service connects King Abdulaziz Port in Dammam with Bahrain’s Khalifa Bin Salman Port. Saudi Arabia
How Egypt is navigating limited options in Iran war to stay neutral Egypt, so far spared from Iranian retaliatory attacks, is pushing for a diplomatic solution as the war with the US and Israel threatens its already fragile economy. Egypt
Analysis How Iran's strike on Qatar gas field could impact LNG market for years By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis How long can markets hold their bet on Gulf resilience as war drags on? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi Arabia’s 2022 GDP breaks record, exceeds $1 trillion Saudi Arabia’s government report states that it achieved its highest gross domestic product growth rate in over a decade in 2022 at 8.7% and broke its total amount record of more than $1 trillion last year. Legacy: Gulf
UK Islamic bank: Soccer boosting Gulf property investments Andrew Ball, the CEO of the Bank of London and The Middle East (BLME), spoke to Al-Monitor about how soccer is fueling a rise in Gulf investment in northern England. Legacy: Gulf
Moody’s issues warning about Israel’s judicial reform The credit agency is one of several institutions to warn the controversial reform could hurt the Israeli economy. Israel
Iran says it signed 'aviation cooperation' memo with UAE The UAE and Iran have cordial economic and political relations, despite being on opposite sides of some regional rivalries. Iran
Saudi Arabia mulls tax relief for global companies relocating regional HQs On the sidelines of the International Conference on Justice that began on Sunday in Riyadh, Saudi Arabia granted three foreign law firms licenses to practice in the country. Legacy: Gulf
Russia to add Gulf countries to visa-free travel list Russia stated that it was preparing visa-free travel agreements with a total of 17 countries, which include Saudi Arabia, Kuwait, Bahrain, Oman and Syria. Legacy: Gulf
Analysis Qatar-UAE 'fraternal' meetings offer sign of growing rapprochement Although immediate economic partnerships or deals from the UAE and Qatar meetings have yet to be announced, the latest meetings are still a sign that the two Gulf nations are headed into a thaw after years of boycott. By Salim A. Essaid
Egypt, Russia find opportunity in crisis Analysts say boosting trade between Russia and Egypt in the ruble and the pound is a win for both countries amid Western sanctions on Moscow and the dollar crunch in Egypt. Egypt
Saudi Arabia invests $51 billion in first wave of Shareek diversification The Shareek investment and diversification strategy is set to create more than 64,000 jobs by 2040. Saudi Arabia
UAE's Dubai ranks fourth in luxury residential sales in 2022 Luxury home sales that exceeded $10 million each in Dubai amounted to 219 in 2022, only ranking behind New York (244), Los Angeles (225) and London (223). Legacy: Gulf
Turkey's economy grows 5.6% in 2022, but labor’s income share shrinks In a sign of deepening income disparities, the share of Turkey’s labor force from the national income has dropped to 26.5%, a far cry from 36% in 2016. Turkey
UAE busts 4.5 million Captagon pills in food cans after smuggler arrest Amphetamine fenethylline, known by its brand name Captagon, has increasingly become the drug of choice among youth in Gulf Arab states. United Arab Emirates
