Analysis Why Algeria's nixing of UAE air deal is more diplomatic than economic Algeria has begun canceling its air services agreement with the UAE amid heightened tensions over the Gulf country’s foreign policy in the region. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
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? 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
Iraq-Saudi border crossing reopens after 30 years The Arar crossing has remained closed since Iraq's invasion of Kuwait. Saudi Arabia
Iraq increases deficit to pay salaries The Iraqi parliament voted on the funding deficit law so that it can borrow to pay salaries that have been in arrears for more than two months. Iraq
Poverty spikes in Iran as prices for essential goods rise Inflation in Iran continues unabated, forcing further economic pressure and poverty on low-income households. Iran
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