Suez Canal traffic soars as Hormuz disruptions reroute energy trade The canal generated $419 million in revenue in April, up 27% year over year. Egypt
Syria says Iraqi oil shipments surge as Damascus courts foreign energy investment Speaking at the Atlantic Council Global Energy Forum in Washington on Tuesday, Syrian Petroleum Company CEO Yousef Qiblawy said Iraq's overland oil exports through Syria have expanded rapidly in recent months. Syria
Explainer Saudi Arabia, Turkey advance plans to revive historic Hejaz Railway Turkish and Saudi officials signed agreements as part of a Turkish push to revive the Hejaz Railway linking Turkey to the Gulf through Syria, Jordan and Saudi Arabia. Turkey
Analysis Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping Turkey is using the Hormuz crisis to promote Iraq- and Syria-based Gulf-Europe corridors, but experts say the routes remain too costly, underbuilt and politically fragile to rival maritime shipping. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Analysis Why Turkey sees opportunity in Hormuz crisis to boost Middle Corridor By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
The reform challenge: What Oman (and others) might learn from Egypt Parallels in experience may offer guideposts for managing change. Oman
Despite blockage crisis, Suez Canal achieves record revenues The Egyptian government announced that the Suez Canal has achieved the highest monthly revenue in its history in April, exceeding half a billion dollars, despite obstruction of navigation in late March after a giant vessel went aground on the international waterway. Egypt
Can modernization of Egypt’s railway network avert train accidents? Egypt signed an agreement worth 145 million euros ($177 million) with the African Development Bank as part of its recent plan to improve its railway system to prevent crashes. Egypt
As GCC turns 40, all eyes on post-oil era The GCC alliance hopes for greater future economic growth in the Gulf. Legacy: Gulf
Bread crisis looms in Syria amid low wheat production The bread crisis in Syrian regime areas is expected to become worse in the next few months due to drought and its subsequent impact on wheat crop production. Syria
Egypt to use IMF account to help reduce Sudan’s debt Egypt announced that it will use its share at the International Monetary Fund to help settle part of Sudan’s outstanding debts, as Cairo sees its own stability and security as being correlated with Khartoum's. Egypt
Work in Gulf means short-term gains, transient lifestyle Tax-free incomes offered to migrant workers who play a decisive role in developing Gulf economies are regarded as compensation for no formal route to citizenship or social security. Legacy: Gulf
Protests in Oman over job losses, economy Sultan Haitham has attempted to introduce economic and political reforms in the past year. News Brief
The Takeaway: Erdogan’s incendiary remarks about Israel worsen ties with Washington The fallout of the Turkish president’s comments could compound problems for country’s beleaguered economy; Israel-Palestinian frictions dominate region’s news; Libya’s mercenaries; and more! Turkey
Egypt to complete construction of New Rafah City New Rafah City is becoming a reality in northern Sinai, giving displaced Rafah residents hope for a new and secure life and Egypt a chance to better fight the Islamic State in the border area with the Palestinian Gaza Strip. Egypt
Lebanon loses some electricity after Turkish company ceases operations Karpowership said they stopped providing electricity to crisis-stricken Lebanon due to 18 months of no payments. Lebanon
Egypt's Sisi approves plan to widen, deepen Suez Canal after stuck ship The plan includes widening and deepening the area where Ever Given got stuck in March. News Brief
