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
Analysis Israel raises interest rates in eighth consecutive hike in 10 months Fighting rising inflation, Bank of Israel Gov. Amir Yaron took the unpopular decision of increasing the interest rates to 4.25%. By Danny Zaken In Ma'ale HaHamisha, reporting on Israel
Lebanon’s army suffers with currency collapse as desertions mount The drastic devaluation of wages threatens soldiers’ performance in the tumultuous period Lebanon is going through. Lebanon
New rail network on track to bring billions into UAE economy The railway will serve the UAE’s sustainability goals by reducing carbon emissions in the road transportation sector. Legacy: Gulf
UAE's IDEX weapons fair brings in Russia, China, and billion-dollar deals The United Arab Emirates’ defense expenditure amounted to $22.5 billion last year and is expected to reach $28.6 billion by 2027. Legacy: Gulf
Iran's currency dips to all-time low, basic prices skyrocket Recently launched government plans to restore stability to the troubled foreign exchange market proved no remedy, as ordinary Iranians continue to see their pockets shrink. Iran
Oman opens airspace to Israeli flights, following Saudi Arabia Israel’s Foreign Minister Eli Cohen has thanked the Sultan of Oman and the Biden administration for an airspace agreement that will shorten Israeli flight times to Asia considerably. Israel
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
