China warns US not to interfere with Iran trade: What to know China's Foreign Ministry said Beijing was firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary measures” to safeguard its rights. Iran
Large UAE delegation set to arrive in Lebanon in major investment push A large Emirati delegation of around 70 business leaders and government officials is heading to Beirut, in the latest sign of thaw between the United Arab Emirates and Lebanon. Lebanon
France, Saudi Arabia announce more than $10B in deals on MBS visit Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris. Saudi Arabia
China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
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
Fire, redevelopment controversy engulf 127-year-old Cairo market An Egyptian presidential decision to vacate and restore the Ataba market stirs traders’ fears of the government's desire to control the largest market in Cairo and turn it into an investment zone. Egypt
Why farmers reject Egypt’s new cotton trade strategy The Egyptian government has announced a new trading system for cotton, which would be sold through public bidding, raising the ire of farmers who already suffer from severe losses. Egypt
Yemen’s farmers brace for slow pomegranate season Harvest season for pomegranates has kicked off in Saada amid fears of how a Saudi ban on importing the fruit will affect farmers, exporters and markets. Saudi Arabia
Israel’s economy victim of election campaign Israeli politicians prefer to ignore the implications of two election campaigns in one year on the market and the state deficit, which could harm the country’s credit rating. Israel
UAE diversification strategy lags despite growth in oil sector The United Arab Emirates is struggling somewhat with its economic diversification project as oil prices remain relatively low. Legacy: Gulf
Egypt flips its wig over cost of imported cosmetics Economists say Egypt's trade balance needs to be reduced, and some see one way of doing this by reducing imports of cosmetics and wigs. Egypt
