China warns US not to interfere with Iran trade: What to know China's Foreign Ministry said Beijing was firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary measures” to safeguard its rights. Iran
Large UAE delegation set to arrive in Lebanon in major investment push A large Emirati delegation of around 70 business leaders and government officials is heading to Beirut, in the latest sign of thaw between the United Arab Emirates and Lebanon. Lebanon
France, Saudi Arabia announce more than $10B in deals on MBS visit Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris. Saudi Arabia
China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Currency tumult hits Turkey’s credit-driven revival Apprehension is rife in Turkey that a loan-driven economic warm-up could devolve into major turmoil in the fall, with Ankara’s dubious management of the coronavirus pandemic feeding the unease. Turkey
Gulf investment woes, COVID economic crisis converge in Egypt Gulf state support to Egypt — whether through official aid, central bank deposits or capital investment flows — has not been consistent in the past, so will investments and aid help Egypt through a coronavirus-induced recession? Legacy: Gulf
Turkey to use 'all available' tools as currency plunges Turkey’s Central Bank says it's ready to use “all available instruments” to calm the market as the Turkish lira drops to new depths, and an interest rate hike is one of the most obvious. Turkey
Turkish lira slides 2% amid reserves concerns Turkey’s currency slumped 2% against the dollar Wednesday as concerns linger over Central Bank policies and depleted reserves. Turkey
Why Iran could be approaching hyperinflation in coming years The asset markets in Iran have been witnessing sharp surging spikes in prices in the recent weeks and months on the back of astonishingly rising money supply. Iran
Rouhani: Iran’s economy handled pandemic better than US Iran’s president said his country’s economy is in a comparatively better shape than the US and European states' ones when it comes to the impact of the coronavirus pandemic. United States
Can Jerusalem mayor improve situation of Arab residents? Jerusalem Mayor Moshe Leon advances two development projects in East Jerusalem — in Issawiya and in Wadi Joz. Palestine
Turkey’s lira slides as Central Bank raises inflation forecast Despite state bank efforts to bolster Turkey’s currency, the lira fell to its lowest point since May against the dollar this week, prompting fears of a renewed currency crisis. Turkey
Qatari investments continued in Egypt despite political tensions The Qatari Diar Company managed to open the St. Regis Hotel on the banks of the Nile River in Cairo, but the future of Qatari investments in the Egyptian market seems to be marred by tensions between the two countries. Qatar
Moody's credit rating downgrade puts Lebanon on par with Venezuela The major credit rating agency said Lebanon is likely to default on its debt due to a lack of reform and the collapse of the Lebanese pound. Lebanon
How COVID-19 widened Egypt’s budget gap The coronavirus outbreak and the subsequent lockdown measures have largely affected Egypt’s budget deficit. Egypt
GCC Railway: a train across a fractured Gulf? The repeatedly delayed rail network could boost regional trade and ease mobility. Originals
