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 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 By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iran’s membership in Asian security body won’t solve sanctions problem While the news that Iran will gain full membership in the Shanghai Cooperation Organization is a psychological victory for the sanctions-hit country, it will take much more to achieve lasting economic impact. Iran
UAE spends big to boost private sector workforce The United Arab Emirates will spend $6.5 billion in incentives for its citizens to take work in the private sector and stop waiting for public jobs. Legacy: Gulf
Will Iranian fuel solve fuel crisis in Lebanon? Lebanese economists do not see any benefit from the Iranian fuel shipments that recently entered Lebanon, with support from Hezbollah, amid the worsening fuel crisis in the cash-strapped country. Lebanon
Amazon's entry heats up local competition in Egypt US e-commerce giant Amazon opened its logistics zone in Egypt, offering new options to consumers and new challenges to small businesses. Egypt
Bennett rules out meeting Abbas, but not economic cooperation Prime Minister Naftali Bennett said Tuesday that he will not meet with Palestinian President Mahmoud Abbas, but he showed willingness to support economic and business ties with the Palestinian Authority. Israel
Confidence-building measures with Israel trigger mixed reactions among PA leaders Palestinian leaders exhibit varying reactions toward the confidence-building measures with Israel. Palestine
Sudan, South Sudan resume trade activity Following a 10-year hiatus, since the secession of South Sudan on July 9, 2011, the governments in Juba and Khartoum agreed to resume trade activity and cooperate on transport and security beginning in early October. Egypt
Lebanon forms new government The formation of a new government led by Prime Minister Najib Mikati brings to an end a 13-month gridlock in Lebanon. Lebanon
Chinese-operated port opens in Israel despite American concerns The Biden administration is relaying to Jerusalem the same fears expressed by former US administrations over Chinese investments in Israel. Israel
Absence of government, parliament negatively affects Tunisia’s economy The complex political and economic scene in Tunisia is deepening concerns over the negative economic repercussions on the sovereign ratings of the economy and the business and investment climate, as political experts warn of an unprecedented economic disaster. Tunisia
Israel opens Chinese-run terminal at Haifa port Biden's CIA director raised concerns about Beijing's growing investment in Israel, according to a report. Israel
Turkey’s record growth rate belies murky economic prospects Eager to woo back disgruntled voters, Erdogan appears bent on stimulating economic growth at the risk of stoking Turkey’s currency troubles. Turkey
