Analysis Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington Already a leading recipient of US aid, Jordan has secured fresh funds from the United States as the Iran war tests Amman and Washington's partnerships. By Samuel Wendel In Washington, DC, reporting on regional business and tech
US stock markets soar to new records amid Hormuz deal hopes The S&P 500, Nasdaq Composite and Dow Jones Industrial Average are on track for their best five-day performance since April 2025. Iran
Explainer Iran-Oman Hormuz route talks near 'completion': What to know The new framework would give Iran a greater role in managing one of the world’s most strategically important maritime choke points. Oman
Lebanon’s Riad Salameh hospitalized as arrest roils Beirut: What to know Lebanon's former Central Bank governor, Riad Salameh, was taken from prison to a hospital over his deteriorating health. Lebanon
Explainer Saudi airlines outbuy Gulf rivals at Farnborough air show: What to know United Arab Emirates
Imports up pressure on Morocco’s foreign reserves Energy and food imports alongside a growing trade deficit put pressure on Morocco’s foreign currency reserves. North Africa
Suez, Panama canals sign cooperation agreement to boost investments The Suez and Panama canals’ economic zones seek to attract more investments through a cooperation agreement to exchange experiences and information. Egypt
Egypt, Turkey hold firm on interest rates Turkish President Recep Tayyip Erdogan is adamantly opposed to raising interest rates, but some observers expected Egypt to raise rates in line with Gulf banks and the US Federal Reserve. Egypt
Egypt, Saudi Arabia sign economic agreements worth $7.7 billion Saudi Arabia intends to invest about $8 billion in various economic sectors in Egypt, which will ease the Egyptian economy's wheels amid the global crisis. Egypt
Egypt participates in Russian economic forum Egyptian President Abdel Fattah al-Sisi delivered a virtual speech at the opening session, stressing the need to find "effective solutions" to the global economic crisis. Egypt
Egypt looks for upsurge in tourists from sanctions-hit Russia Cairo and Moscow are holding talks to allow the Russian payment system MIR in Red Sea resorts. Egypt
Egypt’s car industry suffers under dollar crisis Car prices experienced a steep spike in Egypt over the past months as the dollar rose against the Egyptian pound and import restrictions were imposed amidst a decline in supply and a redirection of Egypt’s market shares to other countries. Egypt
Egypt, Congo boost ties with electricity deal Egypt and the Democratic Republic of the Congo agreed to partner in the field of electricity as part of Egypt’s plan to boost its presence in the African continent amid the stalled talks on the Grand Ethiopian Renaissance Dam crisis. Egypt
Egypt looks for boost from gas deal with Israel, EU The EU, Egypt and Israel signed an agreement for the export of natural gas to Europe, which would reduce the latter’s dependence on Russian gas. Egypt
Israeli minister backs Moroccan claims to Western Sahara sovereignty On a first official visit to Morocco, Interior Minister Ayelet Shaked said Israel recognized Morocco’s sovereignty over the Western Sahara, and stated Israel’s intention to enable Moroccans to work in Israel in the construction and nursing sectors. Israel
Saudi Arabia, Jordan strengthen ties with energy, mining deals Saudi Arabia is now a major investor in Jordan. Jordan
Egypt, Saudi Arabia sign agreements on green hydrogen, infrastructure The deals came during Saudi Crown Prince Mohammed bin Salman’s visit to Egypt. Legacy: Gulf
