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
Egypt promotes local products More factories are ready to join the Egyptian president’s initiative to promote local products, which economists believe will boost the economy and fight unemployment. Egypt
Netanyahu — not Mr. Security, not Mr. Economy Prime Minister Benjamin Netanyahu prefers that Israel’s growing deficit will not come up on the March election agenda. Israel
Israel’s economy victim of political gridlock Without a new state budget, without new senior officials and without new reforms, Israel’s economy is one of the biggest victims of the current political chaos. Israel
Are Sisi’s state assets law amendments well-intentioned? Egypt is to pass amendments to a law that would give Egyptian President Abdel Fattah al-Sisi the right to transfer the ownership of state assets to Egypt’s sovereign wealth fund without facing any objections. Egypt
National campaign to support domestic goods on rise in Iraq Iraqi protesters launched campaigns to support the national goods and boycott foreign and Iranian goods in particular. Originals
Economics or politics: What's driving Turkey’s electric car project? The limited scope of Turkey’s electric car project points to political motives by a government under strain rather than economic goals to help transition the automotive industry. Turkey
Egypt’s military adds new factory to industrial portfolio Egypt’s military signed a deal with a Chinese company to establish a car tire factory, further tightening its grip over the country's industrial sectors. Egypt
Russia weighs two reconstruction strategies for Syria In the face of US sanctions, Moscow is considering whether the outsourcing of reconstruction efforts for Syria may be better for Russia than a long-term presence. Syria
Palestine seeks economic relations with Oman A Palestinian ministerial delegation is preparing to visit Oman early next year as part of efforts to sever economic ties with Israel, but some analysts wonder what benefits are to be gained by either party. Oman
Analyzing Iran’s new state budget Iran's state budget introduced no major structural changes, but it did improve transparency in some sectors. Iran
Will Turkish lira save economy in Syria's opposition-held areas? As Syria's currency plunges against the dollar, the opposition's Syrian Interim Government plans to replace the Syrian pound with the Turkish lira in the areas it controls. Syria
Lebanon’s real estate sector crumbles along with dreams As Lebanon’s economic crisis devastates the housing sector, homeowners are faced with increasing payments and debt tied to the dollar and rising interest rates. Lebanon
