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
Are banks in Gaza jeopardizing economic sector? Banks are limiting their facilities in the Gaza Strip, which reflects badly on the already ailing economy. Palestine
How feasible is Khamenei’s economic doctrine for Iran? In one of his most comprehensive explanations of his economic doctrine, Iran’s supreme leader outlined his focus on self-sufficiency, import substitution, putting an end to oil dependence and prioritizing the agricultural sector. Iran
Central Bank: 2019 will be difficult for Tunisian banks Tunisia's financial and political quarters worry about an imminent liquidity crisis threatening the banking sector. Tunisia
Zarif seeks help from Pakistan Iranian Foreign Minister Mohammad Javad Zarif visits Islamabad with an eye toward receiving help in dealing with Iran's economic woes and its issues with Washington and Riyadh. Iran
Seeking trade incentives, Palestinian businessmen develop economic ties with Israel Palestinian businessmen flout political taboos by meeting with Israelis for business. Palestine
Egypt plans new maritime line to East Africa for increasing exports The Egyptian government will soon inaugurate a new maritime line from the port of Ain Sokhna to East African countries, with the aim of boosting trade and exports. Egypt
Group to boost Palestinian economy, cut link to Israel The Palestinian prime minister is heading a new group designed to inject vitality into the economy and strengthen partnerships among the public, private and civil sectors. Palestine
Egypt’s new free zone to serve development purposes As part of the Egyptian government development plan for Upper Egypt, a new free zone will be opened in Aswan to boost the economy, serve investors and create more jobs. Egypt
The PA moves forward in its disengagement from Israel The Palestinian government decided to appoint commercial attaches in the Palestinian embassies in a bid to promote national products abroad, which is seen as a step forward on the path of economic disengagement from Israel. Palestine
Contradictory moves to rescue Palestinian economy While the United States is pushing for an economic workshop to help Palestinians, the mood in Ramallah is defiant with ideas to build an alternative independent economy — a goal sought by the Shtayyeh government. Palestine
Can Iran rely on Russia to dodge US pressure? Iran is relying on Russia to minimize the impact of the US "maximum pressure" campaign, but Russia seems to have reservations while it also enjoys certain advantages if US-Iran tensions remain unresolved, albeit at a controlled level. Russia
Turkey’s debt-ridden Treasury mulls risky steps to stay afloat Grappling with a growing budget deficit and with little room to maneuver, Ankara has come to consider some unorthodox measures, including the high-risk idea of tapping the central bank’s rainy-day cash. Turkey
