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
How realistic are Ankara’s hopes of trading in Turkish liras? While the Turkish lira continues to tumble, Turkey’s currency swaps with China and other countries have failed to live up to their stated objective of boosting trade in local currencies, official data show. Turkey
Iran's middle class priced out of housing market As housing costs in Iran see record increases, officials are exchanging blame. Iran
Israel-EU talks to resume for first time in decade EU foreign ministers agreed today to convene soon a meeting under the EU-Israel Association Council in order to regulate and advance relations between Brussels and Jerusalem. Israel
Lebanese initiative to support struggling zaatar producers Small-scale producers in Lebanon are struggling to stay in business due to harsh economic conditions, but projects like Mazeej are helping them to turn things around for the better. Lebanon
War in Ukraine leaves Lebanon hungry As wheat imports from Ukraine and Russia dwindle, Lebanese people are in danger of going hungry. Lebanon
Turkey’s economy stands to suffer from euro’s downturn The ramifications of the euro’s slide threaten to further stoke Turkey’s currency woes and soaring inflation. Turkey
Israel hails Saudi agreement to open skies to all airlines Riyadh has decided to allow flights from Israel to cross Saudi airspace, significantly cutting flight times to the Far East. Israel
Will Tunisia, Algeria relations recover through land border reopening? Several issues, including gas and the dispute over the Western Sahara, continue to linger over the tense Algerian-Tunisian relations, despite the reopening of the land borders between the two countries. North Africa
India’s use of rupee for import, export payments could boost Iran trade Iran is seeking to boost trade with both Russia and India at present. Iran
Iranian pharmacy has new take on 'wall of kindness' The measure helps poor people obtain medicine amid rising inflation in Iran. Iran
Flydubai suspends flights to Sri Lanka as Emirates, Etihad keep flying Sri Lanka is experiencing mass unrest over its deteriorating economic situation. Legacy: Gulf
Unprecedented inflation hammers Iran Iranians have grown accustomed to high inflation and rising prices, yet recent macroeconomic trends are unprecedented. Iran
