Crypto crash collides with UAE’s big bet on digital assets After hitting record highs in 2025, Bitcoin’s sell-off is roiling global markets and making waves in the UAE. United Arab Emirates
Merz courts Gulf as Germany seeks energy alternatives to US, China Berlin is seeking to capitalize on ties with Gulf energy giants as relations with the United States have cooled amid strains over transatlantic defense commitments, Washington’s pursuit of Greenland and tariffs. Qatar
Gulf markets recover after gold rout, buoyed by Iran de-escalation hopes Saudi Arabia’s benchmark stock index, TASI, rose 1.4%, a day after falling the most in nearly 10 months amid a broad sell-off in the commodities market. United Arab Emirates
Analysis As envoys recalled, what's driving Israel-South Africa rupture? South Africa has expelled the Israeli charge d'affaires, deepening the diplomatic crisis between the two countries. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Analysis Saudi Arabia downsizes megaprojects, chases cash amid AI push By Samuel Wendel , Jack Dutton
Suez Canal to establish sovereign wealth fund The Suez Canal Authority has unveiled a plan to establish a sovereign wealth fund to shield the canal from fluctuations in global trade and crises like COVID-19. Egypt
Lebanon and Iraq ink defense cooperation agreement Lebanese Defense Minister Maurice Sleem is in Iraq for an official visit. News Brief
Egyptian travel companies profit on Turkey visits due to falling lira Egyptian tourism companies are seeking to take advantage of the low exchange rate of the Turkish lira to promote their programs in Turkey even after the summer season is over. Egypt
Egyptians carry on tradition of entrusting savings to gold Many Egyptians see gold as the safest investment option for their savings, especially in times of economic uncertainty. Egypt
Economic meltdown in Lebanon leaves pets homeless In Lebanon's ongoing economic collapse, hundreds of cats and dogs are thrown into the streets every month. Lebanon
UAE top destination for tourists from India The UAE is looking to enhance its trade ties with India and recently sent a delegation to the country. News Brief
Gaza's few Christians lift economy Gaza’s very small Christian community has been a strong force for the economy. Palestine
UN secretary-general says Lebanese politicians ‘paralyze' country, demands ‘truth' about Beirut blast United Nations Secretary-General Antonio Guterres visited Lebanon to meet with the country’s leaders amid the economic crisis. News Brief
US-Palestinian economic ties resume after 5 years Palestinians have reluctantly agreed to give the economic track a chance after it became obvious that there was no movement expected on the political track. Palestine
Egypt builds industrial city in Tanzania Egypt and Tanzania close ties are strengthened further by the inauguration of an Egyptian industrial city adjacent to the Tanzanian capital. Egypt
Syria, Iraq discuss boosting trade The two countries also discussed cooperation on oil imports earlier this year. News Brief
US, Palestinian officials hold first economic dialogue in five years The US-Palestinian Economic Dialogue covered infrastructure development, access to US markets, US regulations, free trade and other financial issues. News Brief