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
Video game exec encourages independent developers in Mideast Hussam Al-Natour, founder of Rababa Gaming, describes the challenges and potential of the Mideast’s video game industry. Jordan
Egypt’s rate cut to boost property, gold and stock markets Egypt’s central bank recently slashed key interest rates by 1.5%, triggering public concerns about a possible depreciation of the local currency. Egypt
Will rancor or realism prevail in Turkish-Israeli ties? While there continues to be a large political gap between Turkey and Israel, economic ties continue to be strong despite the lack of a gas pipeline deal. Israel
How Jordan handled fuming crisis over cigarettes Residents of the border city of Ramtha in the north of Jordan have protested recently against new government measures to curb smuggling, which would further add to their economic burdens. Jordan
Palestinian, Israeli economies intertwined A tour of the West Bank city of Bethlehem makes it clear that the Palestinian and Israeli economies are intertwined. Palestine
Cash-strapped Jordan imposes new taxes; public anger ensues Economists suggest the Jordanian government should cut its own expenses and those of its staff instead of imposing taxes that add to the people’s economic burden. Jordan
Egypt seeks to increase exports to Africa Despite figures indicating an increase in the Egyptian exports to Africa, there still seem to be several obstacles facing Egyptian exports to the continent. Egypt
Iran plans revamp of national currency The Iranian Cabinet has approved a bill to remove four zeros from the national currency, the rial, and rename it the toman, but economists are divided over the potential impact. Iran
Why Netanyahu downplays historic trade agreement with South Korea Israel’s most nationalist government ever pledges to annex the occupied territories, and then approves a historic trade pact with South Korea that boycotts the settlements. Palestine
Russia ready to fund Palestinian industrial zone Palestinian Prime Minister Mohammad Shtayyeh discussed with the Russian ambassador the possibility of establishing an industrial zone in Nablus in light of Palestine’s ongoing efforts to promote its local economy and disengage from Israel. Palestine
Labor proposes taking Israel back to social-democrat economy According to the economic pre-election agenda presented by Labor head Amir Peretz, the party wants to increase Israel's external debt in order to pay for social projects. Israel
Will Egypt launch its own official digital currency? As Facebook announced it might not launch its digital currency as previously announced, experts in Egypt are debating whether the country should regulate digital currency. Egypt
