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
Will Lebanese wait hours in gas lines as fuel crisis bites? Lebanese citizens are living day by day the repercussions of the dollar scarcity crisis, as the fuel sector threatens an open strike next week if the government fails to find a proper solution. Lebanon
Uptick in Turkish exports, tourism comes at a price Increased export and tourism revenues have helped limit the Turkish economy’s contraction in the second quarter, but the improved numbers have come at the expense of price cutting, economic data show. Turkey
Petra bus attack exposes divisions within local Jordanian community A recent attack on a tourist bus in Petra seems linked to ongoing tensions between the Bdoul and Layathna tribes, who compete with each other for revenues in Petra’s souvenir and tourism hospitality economy. Jordan
Can trade dialogue help improve Turkish-US ties? Amid the lingering threat of US sanctions on Turkey over its purchase of Russian missiles, US Secretary of Commerce Wilbur Ross paid a long visit to Turkey, leading many to believe bilateral trade will be set apart from the political rows between the two countries. Syria
Palestinians preparing for their day in court against Israel The Palestinian leadership is preparing briefs to present to the International Court of Arbitration in The Hague to address Israeli violations of the Paris Protocol, which governs their economic and trade relations. Palestine
Investors, economists see Egypt’s new mining law as promising Egyptian President Abdel Fattah al-Sisi approved a new law on mining that would help promote the mineral sector by attracting foreign investors and regularizing the industry. Egypt
Is Belarus scheming against Russia's reconstruction policies in Syria? Belarus is tacitly promoting its own businesses in Syria, but not all of them are necessarily to the detriment of the Russians. Syria
How much are Israel's elections costing it? With only about 70% of Israelis bothering to vote, maybe it's time to reconsider election day being a national holiday and therefore a paid vacation day for workers. Israel
Intel: Why Russia boosts Iran even as Tehran pares nuclear deal commitments Despite their differences on Syria, Russia needs a stronger Iran as its partner. Russia
What did Sisi discuss in Kuwait? Egyptian President Abdel Fattah al-Sisi met with Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber al-Sabah during a visit to Kuwait, to discuss economic and security cooperation as well as regional developments. Kuwait
The interplay between exchange rates and inflation in Iran While the Iranian rial has strengthened against the dollar, inflation remains high, and the budget deficit is not helping the matter. Iran
Crisis-hit Turkey suffers erosion in investments Turkey’s economic downturn has been marked by a dramatic decline in investments, both private and public, bearing heavily on joblessness. Turkey
