Analysis Iran currency plunges to historic low amid factional blame game As Iran's judiciary publicly rebukes the central bank over the rial's collapse, the currency crisis is no longer economic and is fast becoming a test of political accountability and regime stability. By A correspondent in Tehran In Tehran, reporting on politics
Yemeni ministries declare support for STC campaign as Gulf tensions flare Yemen's Saudi-backed government criticized the statements in support of the Southern Transitional Council, which is supported by the UAE, as Gulf states deliberate on how to move forward. Saudi Arabia
Analysis Gulf finance hubs race to expand as hedge funds flock to Dubai, Abu Dhabi The Gulf’s top financial hubs have posted another strong year in 2025, with the UAE spearheading a regional push to attract hedge funds, asset managers, crypto and fintech firms as regional neighbors target growth of their own. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Maersk resumes Red Sea passage after two-year halt amid easing Houthi threat A ceasefire reached between Israel and Hamas in October has prompted some shipping companies to consider resuming services, but security concerns persist. Yemen
Analysis How Netanyahu ceded to Trump, agreed to Egypt's $35B gas deal By Ben Caspit In Tel Aviv, reporting on national security, Israeli politics, defense
Analysis Iran’s FM Araghchi in Moscow as biting sanctions drive closer Russia ties By A correspondent in Tehran In Tehran, reporting on politics
Emirates reports massive drop in revenue in 2020 The Dubai-based airline's revenues fell billions and it is relying on reserves and support from the government to continue flying. United Arab Emirates
Qatar Airways resumes flights to Algiers The Doha-based airline is also increasing the number of its weekly flights to New York and Chicago. Qatar
Turkish lira makes gains on renewed optimism After hitting a series of record lows, Turkey’s currency rebounded more 7% this week as investors expect sharp policy reversals by the nation’s newly appointed economy team. Turkey
International financial alliance forms to help Iraq Several countries are forming an economic alliance to help Iraq in its financial crisis. Iraq
Amid market tumult, Erdogan appoints new finance minister Investors are watching for policy shifts as Turkey’s Former Deputy Prime Minister Lutfi Elvan takes the helm of the nation’s Finance Ministry following the surprise resignation of President Recep Tayyip Erdogan’s son-in-law Berat Albayrak. Turkey
Israeli fashion industry could collapse from pandemic losses Shopkeepers warn that if the government does not take serious steps to save them from the coronavirus-induced crisis, the whole national fashion industry could go down. Israel
Shakeup of economy team stuns Turkey, cheers investors Presidential son-in-law Berat Albayrak has quit as finance minister amid economic turmoil, but most news outlets pretended it didn’t happen. Turkey
Egypt bets on oranges to boost exports to Japan Japan allowed the Egyptian government to export citrus fruits after long negotiations between the two sides, in a step officials and experts believe will contribute to increasing Egyptian exports, pumping foreign currency into the country, creating job opportunities and increasing farmers’ income. Egypt
Lebanese brace for lifting of subsidies as conditions deteriorate As Lebanon suffers from its worst economic crisis in decades, the Lebanese are growing concerned as the central bank warns that its reserves will soon be depleted, forcing it to lift subsidies off basic commodities. Lebanon
Inflation rises in Turkey as lira falls for ninth consecutive day Turkey’s lira hit new lows Tuesday, becoming the worst-performing emerging market currency of the year following a rise in inflation last month. Turkey
Egypt, Ukraine discuss cooperation in furniture industry Egypt and Ukraine step up cooperation in the furniture industry, as both countries eye new markets in Africa and Eastern Europe. Originals
Egypt-Sudan eye cross border railway network Railway discussions follow increased engagement and coordination over Egyptian dispute with Ethiopia over Grand Ethiopian Renaissance Dam. Egypt
