Analysis What UAE’s $3.45B pullback from Pakistan signals about Abu Dhabi's priorities As Abu Dhabi pulls back long-rolled deposits while investing selectively, Pakistan faces an era of more conditional Gulf support tied to strategic alignment. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis MENA wheat importers face food security risks as Hormuz crisis festers Home to many of the world's largest wheat importers, the Middle East and North Africa face acute food security risks as the US-Israel-Iran war disrupts global fertilizer flows and pushes up prices. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel rejects Ukraine's claim that Russian shadow fleet vessel docked in Haifa Ukraine alleges the vessel unloaded wheat taken from occupied territories in Haifa, while Israel says ship had not entered the port. Israel
UAE’s cash request tests US ties as Iran war strains Gulf financial muscle Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now. United Arab Emirates
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
Jordan accuses teachers union of 'economic crimes' in crackdown Activists claim Jordanian government is applying "defense laws" to suppress dissent during economic downturn. Jordan
How megaprojects mitigated COVID-19 impact on Egypt’s labor market The coronavirus pandemic has increased the unemployment rate, but the impact could have been worse without the infrastructure overhaul. Egypt
Opting for backdoor measures, Turkey’s Central Bank holds interest rate steady Turkey’s Central Bank left a key interest rate unchanged in favor of liquidity measures Thursday in what analysts described as a “missed opportunity” to send a positive signal to the markets. Turkey
Despite dispute with Riyadh over Kashmir, Saudi-Pakistan ties remain strong Security and economic bonds mean that Islamabad’s recent disputes with Riyadh are unlikely to impact overall bilateral ties. Saudi Arabia
Israeli companies enthusiastic on deal with UAE, target Gulf market Israeli companies in the fields of cyber, water management, defense and even diamonds are lining up for launching business ventures in the United Arab Emirates. United Arab Emirates
Gulf migrant workers face crisis of unpaid wages amid pandemic Unscrupulous employers have exploited chaotic coronavirus mass repatriations to avoid paying migrant workers. Originals
Currency tumult hits Turkey’s credit-driven revival Apprehension is rife in Turkey that a loan-driven economic warm-up could devolve into major turmoil in the fall, with Ankara’s dubious management of the coronavirus pandemic feeding the unease. Turkey
Gulf investment woes, COVID economic crisis converge in Egypt Gulf state support to Egypt — whether through official aid, central bank deposits or capital investment flows — has not been consistent in the past, so will investments and aid help Egypt through a coronavirus-induced recession? Legacy: Gulf
Turkey to use 'all available' tools as currency plunges Turkey’s Central Bank says it's ready to use “all available instruments” to calm the market as the Turkish lira drops to new depths, and an interest rate hike is one of the most obvious. Turkey
Turkish lira slides 2% amid reserves concerns Turkey’s currency slumped 2% against the dollar Wednesday as concerns linger over Central Bank policies and depleted reserves. Turkey
Why Iran could be approaching hyperinflation in coming years The asset markets in Iran have been witnessing sharp surging spikes in prices in the recent weeks and months on the back of astonishingly rising money supply. Iran
