Interview Saudi labor localization will take ‘generation or two': Armada CEO Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades. Olivier Badard CEO of Armada Holding
Analysis Why the Hormuz oil shock never became an energy catastrophe The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Oil falls below $74 as Hormuz traffic recovers after Iran war Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close. Iran
Explainer Lebanon advances controversial $500K golden visa law: What to know While its supporters say the scheme would help Lebanon's economy recover, critics say it could offer a channel for corruption. Lebanon
Interview US-Egypt fund makes case for economic statecraft in hard power era Cornelius Queen Senior Vice President of the Egyptian-American Enterprise Fund
Analysis US-Iran deal delivers $300 billion controversy, reconstruction questions By Samuel Wendel In Washington, DC, reporting on regional business and tech
Syria, Iraq form joint business council Relations between Syria and Iraq were poor in the 20th century but have gradually improved in the security and economic spheres in recent years. Syria
Israeli delegation pays rare visit to Indonesia While Jakarta is reluctant to advance diplomatic ties with Jerusalem, there is room to expand trade and economic relations. Israel
Israeli ministers fast-track deepening of ties with Morocco Defense Minister Benny Gantz, Regional Cooperation Minister Issawi Freij and Justice Minister Gideon Saar are only a few of the Israeli ministers and senior officials who have visited Morocco recently. Israel
Family of man who held up Beirut bank stages protest Bassam al-Sheikh Hussein took hostages at gunpoint to get his own money out of the bank. Many Lebanese, who are unable to access their savings amid the economic crisis, called him a hero. Lebanon
After Hamas sits out latest conflict, Israel expands Gaza economic relief Now that its miltiary operation has ended, Israel is continuing and expanding measures that will help Gaza’s economy grow. Israel
Here's how the latest US rate hike will impact Egypt's economy A stronger US dollar will inevitably drive higher import costs, and subsequently prices, in the most populous Arab country, yet could eventually provide a boost to the local currency with an increase in exports. Egypt
Iran uses cryptocurrency for import order After originally cracking down on cryptocurrencies, which have the potential to help evade sanctions, Iranian authorities later decided to authorize them for imports. Iran
Egypt creates independent fund for Suez Canal Egypt has established a new fund for the Suez Canal manage its own revenues independently. Egypt
Egypt-China ties strengthen with recent deals China is also getting closer to Saudi Arabia, Iran and other countries in the region, primarily through economic cooperation. Egypt
Russia-Ukraine war leaves Hamas in financial crisis The fragile Palestinian economy in the Gaza Strip has been largely affected by the Russian-Ukrainian war, which has caused price hikes and an increase in taxes. Palestine
Lavender ecotourism throws lifeline to rural Lebanese villages As Lebanon experiences a tourism hike this summer, rural villages and attractions hope to draw tourists away from the capital with the help of ecotourism companies. A day spent discovering lavender in the south is one example. Lebanon
Netanyahu slams Lapid over Israeli inflation spike Opposition head Benjamin Netanyahu believes the high cost of living is where he can turn Israeli citizens against Prime Minister Yair Lapid and his government. Israel
