UAE-Syria move ahead on $20 billion real estate mega-developments Major housing and tourism projects in Damascus and Latakia are set to advance following a new agreement with UAE real estate tycoon Mohamed Alabbar. Syria
Iran’s economy deteriorates, oil minister resigns, workers protest: What to know Iran’s oil minister has resigned amid mounting economic pressure from US sanctions and restrictions on the country’s exports. Iran
Analysis Turkey’s $20B fund crisis: Who profited, and who will pay? Opposition parties are demanding immediate government compensation for affected investors, who face up to a six-month wait as independent banks oversee the asset liquidations. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Iran’s rial hits record low as pressure on oil exports mounts The rial was trading at more than 2.5 million to the dollar in Tehran's open market on Tuesday. Iran
Analysis After France's settlement ban, Israel sees no warming of ties with Macron government By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Serbia opens factory to assemble Israeli-made drones: What to know Serbian President Vucic said the factory will put together “state-of-the-art” Israeli-designed drones and employ around 100 workers. Israel
Syria’s Sharaa talks economic ties with UAE leader: What to know The UAE is moving to boost trade and investment ties with Syria amid the conflicts in the region and following initial caution in its dealings with Damascus. Syria
Saudi Arabia finds 114M tons of rare earths, uranium: What to know The kingdom's energy minister said that the ore discovery contains high concentrations of heavy rare earth elements and "promising" concentrations of uranium. Saudi Arabia
Oil tops $109 after Houthi strikes, Saudi pipeline shutdown The Houthi militia said on Monday that it fired dozens of drones and ballistic missiles at military targets in Saudi Arabia in retaliation for airstrikes by Riyadh in Yemen. Iran
UAE announces plans to invest $46B in Germany during MBZ visit The UAE is Germany’s largest trading partner in the Gulf, with bilateral trade surpassing 13 billion euros ($15 billion) last year. United Arab Emirates
Brent crude sails past $100 as Middle East war intensifies The Iran war escalated this week as Yemen’s Iran-backed Houthi rebels attacked four southern Saudi Arabian cities and oil facilities. Saudi Arabia
12 countries including France, UK, Canada end trade with West Bank settlements The decision comes against the backdrop of an escalation in settler violence and settlement expansion in the occupied West Bank. Israel
Iran to announce new Gulf restricted zone, Hormuz route: What we know Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the restricted zone would begin at the point where the US blockade of Iranian ports starts and extend into the Gulf. Iran
Xi makes first Egypt visit in decade as Cairo gets caught in US-China AI row China's Huawei last month submitted a bid to build advanced AI data centers and supply more than 2,000 AI chips for Egyptian government systems. Egypt
UAE investment fuels Syria's postwar economic recovery with $7B property deal The deal would see UAE-based Arada develop a major real estate project in Damascus. Syria
Israel, Greece sign $3.5 billion air-defense deal: What to know Against the backdrop of growing tensions with Turkey, Israel signed one of its largest-ever defense industry deals to supply Greece with advanced air defense systems. Israel
Lebanon, UAE ink deals, deepen economic ties on Emirati Beirut visit An Emirati business delegation signed the agreements in Beirut and met with President Joseph Aoun, indicating the UAE's interest in deepening economic ties with Lebanon. Lebanon
