Analysis What UAE’s $3.45B pullback from Pakistan signals about Abu Dhabi's priorities As Abu Dhabi pulls back long-rolled deposits while investing selectively, Pakistan faces an era of more conditional Gulf support tied to strategic alignment. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis MENA wheat importers face food security risks as Hormuz crisis festers Home to many of the world's largest wheat importers, the Middle East and North Africa face acute food security risks as the US-Israel-Iran war disrupts global fertilizer flows and pushes up prices. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel rejects Ukraine's claim that Russian shadow fleet vessel docked in Haifa Ukraine alleges the vessel unloaded wheat taken from occupied territories in Haifa, while Israel says ship had not entered the port. Israel
UAE’s cash request tests US ties as Iran war strains Gulf financial muscle Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now. United Arab Emirates
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
Why is the steel industry in Egypt declining? Egypt's steel industry has generally been lowering prices as a result of an oversupply in inventories and lower raw material prices just as a new steel factory comes online. Egypt
Edelman strikes $6 million deal with Saudis to promote G-20 business summit Saudi petrochemicals company SABIC has hired the Chicago-based PR giant to support this year’s Business 20 gathering in Riyadh. Saudi Arabia
Syrian crossings reopen, freeing up flow of people, goods The closed crossings that have separated Turkish-affiliated forces in Syria from those of the Kurds have reopened, allowing for trade and travel in those areas for the first time in months. Syria
Palestinian-Israeli agriculture exchange hits a snag The normal exchange of agriculture and animal goods between Israel and Palestine has hit a snag, causing economic and social interruptions and possibly pushing Palestinians to become less dependent on Israel. Palestine
Lebanon’s new government has its work cut out for it The newly formed Lebanese government is in for real challenges, mainly the crisis of the collapsing Lebanese pound and debt that has reached a record level. Lebanon
Lebanon to ask IMF for technical help with economic crisis Amid a deepening financial and monetary crisis plaguing Lebanon, a government source announced that the country is to officially request the IMF’s help. Lebanon
Egypt’s non-oil private sector activity declines despite banking flourishing Egypt's non-oil private sector growth has decreased to its lowest level in three years, affecting the country's private sector and undermining a campaign to boost private sector companies. Egypt
Jitters grip Egyptian importers as coronavirus spreads After Egypt suspended its flights with China, concerns emerged about the supply of Chinese products and raw material, as well as price hikes. Egypt
Egyptians fear cash subsidies would send prices soaring Egypt's proposed cash subsidies system has raised concerns among citizens despite its numerous advantages, in light of the lack of market supervision over product prices and availability. Egypt
Syrian crisis dictates peace between Damascus and Ankara The Russian side is said to be developing two strategies to thwart Turkey’s possible objections to cultural autonomy for Syrian Kurds. Syria
New business council to provide network, funds for Rafah's budding businesswomen Palestinian women have started small businesses to make ends meet, but a new council aims to lead them to fields such as electronics or high-end products. Palestine
Greenback weakening in Egypt as economy improves Egypt’s pound continues to grow stronger against the US dollar in 2020, thanks to gains in foreign investment, tourism and exports. Egypt
