Oil falls below $71 as US-Iran talks continue, Gulf exports rebound Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress." Iran
Kuwait's Zain eyes $1.5B mobile network in postwar Syria: What to know The Kuwaiti company is planning to invest more than $1.5 billion in Syria after securing a license to operate there, Bloomberg reported Tuesday. Syria
Oman's sultan meets Macron in first France visit since 1989: What to know French President Emmanuel Macron has been pushing against any form of toll for the Strait of Hormuz. Iran
Traffic plummets through Strait of Hormuz after Iran, US trade fire Shipping through the Strait of Hormuz had recovered somewhat before renewed fighting between Iran and the United States saw traffic drop sharply over the weekend. Iran
Interview Saudi labor localization will take ‘generation or two': Armada CEO Olivier Badard CEO of Armada Holding
Analysis Why the Hormuz oil shock never became an energy catastrophe By Samuel Wendel In Washington, DC, reporting on regional business and tech
Lebanon struggles to cope with COVID-19 amid financial crisis As Lebanon reels under the brunt of the worst financial crisis in its recent history, the government struggles to provide the necessary equipment to be able to cater for a potential increase in novel coronavirus cases. Lebanon
Pakistan seeks to control spread of virus from Iran Pakistan kept its border open with Iran, a COVID-19 hotspot, perhaps longer than it should have and is now screening thousands of its citizens returning from pilgrimages for the new coronavirus. Iran
Israel dreads coronavirus outbreak in Gaza So far, the closure has protected the Gaza Strip from the coronavirus, but Israeli specialists estimate that a COVID-19 outbreak there is just a matter of time. Palestine
Coronavirus damages Iraqi economy with fall in tourism, oil prices COVID-19 has harmed both the private and public sectors of the Iraqi economy. Iraq
UAE offers regional road map to deal with Iran Policies on coronavirus, nuclear issues may help recast regional security discussions, complement US policies. Saudi Arabia
Iran’s coronavirus has no politics and can’t be contained UAE, Gulf take proactive steps to get ahead of outbreak, but region is already paying a heavy price. Saudi Arabia
What impact will Lebanon’s looming debt crisis have on its society and economy? Lebanon’s government is still negotiating the issue of Eurobonds maturing next week, with analysts saying that whatever the steps, Lebanon will face an even more agonizing economic downturn. Lebanon
Mountain couriers brave bullets along Iran-Iraq border As the economic crisis deepens in Iran, more people are risking their lives to earn money by transporting goods through the mountains of the Kurdistan region on the Iraq-Iran border. Iraq
Coronavirus puts more pressure on Iran’s already strained economy Amid ongoing economic strain due to sanctions, mismanagement and corruption, the ongoing outbreak of coronavirus presents additional challenges. Iran
Socks for tourists, jobs for refugees in Jordan Two young entrepreneurs in Jordan get women in refugee camps to knit socks for tourists. Jordan
Art, culture victims of Lebanon's economic crisis Lebanon’s cultural organizations, which have long been regional models, struggle to keep their heads above water as economic and political crises deepen. Lebanon
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
