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
Lebanon to shift to new official lira-to-dollar exchange rate Lebanon is shifting to a new official exchange rate to the US dollar, three years after an unprecedented financial and economic crisis that has plunged a large portion of its population under the poverty line. Lebanon
UAE, Tanzania sign double tax avoidance deal The Emirates is also pursuing renewable energy projects in the southern African country. Legacy: Gulf
UAE, Oman boost ties with deals on high-speed rail, combating financial crimes The agreements are in line with the UAE’s foreign policy, which prioritizes regional partnerships. United Arab Emirates
Saudi Arabia partners with Senegal on railway, desalination plant The UAE, Israel and Turkey have also upped their engagement with African states in recent years. Saudi Arabia
Egyptian households turn to credit as inflation bites In the past, locals used to buy only durables in installments. Today, breadwinners buy clothes, schoolbooks, stationery and groceries on credit. Egypt
Lebanese depositors irate over closed banks Banks in Lebanon have been shut down for nearly a week amid fears of a bank run. Lebanon
Palestinian economy falters despite pandemic recovery Despite the end of the coronavirus pandemic, an improvement in the Palestinian economy does not seem very likely given other factors. Palestine
Despite slowdown, Israeli tech companies attract major investments Big investments announced in recent weeks in Israeli start-up companies might indicate that the slowdown, the layoffs and other difficulties facing the global high-tech industry might be temporary. Israel
Palestinian businessman seeks self-funded projects to support Gaza economy An agreement of $1 million was signed to restore industrial facilities that were destroyed in the May 2021 war on Gaza, which came as a glimmer of hope for the stricken industrial city. Palestine
Lebanese fear more hardships after fuel subsidies are lifted The Lebanese are expecting higher gasoline prices in light of the central bank’s decision to lift subsidies amid market chaos, dollar exchange fluctuations and devaluation of salaries in the Lebanese pound. Lebanon
Egyptian pound continues to lose value Economists expect Egypt's central bank to loosen its grip on the exchange rate of the Egyptian pound in its meeting later this month, but the possible move is fraught with fears from a sharp rise in commodity prices. Egypt
Culture Lebanese turn to logging in preparation for winter Lebanon’s woodlands are at risk as the poor are cutting down trees as an alternative for fuel to heat their homes in the coming winter, and with such desperate measures experts fear the loss of precious and old trees. Lebanon
