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
Fourth Cabinet reshuffle raises questions about economic reforms in Jordan Jordan’s prime minister conducted a Cabinet reshuffle for the fourth time since ascending to power to advance economic reforms required by a loan deal with the International Monetary Fund. Jordan
Egypt eyes new IMF deal Egypt has entered into talks with the International Monetary Fund to discuss a new financing package for the country, whose current economic reform program expires this month. Egypt
Iran's commercial code reform invites turmoil The Iranian parliament's rush job on approving hundreds of articles of a bill designed to reform the commercial code will lead to unconsidered consequences. Iran
Egypt launches first shipment to Kenya as part of Gosour project As part of the Gosour project, Egypt launched its first shipping line from Ain Sokhna port to Kenya’s Mombasa port — a project highly praised by the private and public sectors. Egypt
After unprecedented shutdown, Lebanon’s banks reopen, mitigate nationwide panic Lebanese banks have been shut for two weeks straight, not only because of the unprecedented nationwide protests but also because of the accumulation of an unresolved economic crisis. Lebanon
Why Palestinian businessmen will visit Russia As part of efforts to achieve economic disengagement from Israel and find new markets, a Palestinian delegation will visit Russia in November with the goal of boosting bilateral trade. Palestine
Palestinians seek economic disengagement through West Bank port Palestinian traders demand the establishment of a land port in Palestinian territories without Israeli conditions. Palestine
As Lebanese PM lays out reform package, protesters demand more Although the Lebanese government has unveiled a set of reforms to calm popular protests, it appears unlikely the proposal will satisfy demonstrators' demands. Lebanon
Why Israel should expand work permits for Palestinians In order to end the situation where Palestinians pay thousands of shekels to obtain work permits in an illegal manner, Israel should expand the number of permits and offer job seekers some hope. Palestine
Turkey-China economic cooperation on rise Turkey has a special place in China’s Belt and Road initiative, as confirmed by the increase in Chinese direct investment in Turkey. Turkey
Palestinians seek Egypt’s support to join free trade pact Palestinians are anxiously awaiting admittance to an Arab free trade agreement that should help reduce their economic dependence on Israel. Palestine
Is Egypt encouraging investments in gold mines? The Egyptian government plans to add the taxes and royalties system to the new amendments of the Mineral Resources Law, thus replacing the current production-sharing system in place. Egypt
