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
Ship stuck in Suez Canal finally freed Ever Given was refloated on Monday after being stuck on the Egyptian canal's bank for nearly a week, allowing for the resumption of traffic. News Brief
Egypt eyes economic foothold in Djibouti Egyptian policy involving East Africa takes a new turn, focusing on economics. Egypt
US offers to help Egypt reopen Suez Canal The US offer comes days after a giant vessel ran aground and became lodged sideways in the canal. News Brief
Stuck container ship creates giant traffic jam in Egypt's Suez Canal The massive Rotterdam-bound container ship ran aground Tuesday in poor weather conditions and low visibility, the Suez Canal Authority said. Egypt
No end in sight for Lebanese suffering amid deteriorating economic crisis Lebanon’s ruling elite has yet to form an urgent government to launch reforms to address the country’s worst economic crisis in decades, amid ongoing political bickering. Lebanon
Iraq gives visa on arrival to citizens of 30 countries The list includes the United States, China and other large economies in a bid to attract investment to Iraq; most foreigners need to apply for a visa before traveling to Iraq. Iraq
Egypt seeks land route with Jordan, Iraq to boost trade Egypt recently announced a deal between Jordan and Iraq for the establishment of a land route connecting the three countries, in a bid to boost economic and trade relations between them. Egypt
Is Turkey challenging Egyptian influence in Guinea-Bissau? Amid regional warnings of Turkey's growing role in West Africa, including Guinea-Bissau, Egyptian President Abdel Fattah al-Sisi received a call from Umaro Sissoco Embalo, president of Guinea-Bissau, to discuss ways to develop cooperation in the economic and security fields. Egypt
The Netherlands puts Qatar trade event on hold over foreign workers' deaths The Dutch government postponed a trade mission in Qatar after a report on thousands of workers dying there since the country was awarded the 2022 World Cup. Qatar
Lebanese pound falls to all-time low on black market as people protest Lebanon's harrowing economic crisis worsened when the pound fell against the dollar again on the black market. Lebanon
Turkey emerges with ‘Pyrrhic growth’ from pandemic-hit 2020 Turkey’s economy grew 1.8% last year despite the pandemic, but not without major risks and downsides, including a smaller GDP in terms of dollars. Turkey
