Saudi Arabia outlines oil export plans amid escalating Houthi attacks Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis. Saudi Arabia
Iraq devalues dinar 13% as Hormuz disruption hits oil revenue The central bank said in a statement that it had revised the official exchange rate to 1,520 Iraqi dinars per dollar from around 1,320. Iraq
Erdogan aide named suspect in Turkey financial scandal Former AKP deputy chairwoman Fatma Betul Sayan Kaya is facing allegations of being linked to a market manipulation scandal. Turkey
UAE-Syria move ahead on $20 billion real estate mega-developments Major housing and tourism projects in Damascus and Latakia are set to advance following a new agreement with UAE real estate tycoon Mohamed Alabbar. Syria
Analysis Turkey’s $20B fund crisis: Who profited, and who will pay? By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Reduction in Iran's gasoline subsidy sparks anti-government protests President Hassan Rouhani’s announcement of a large reduction in the gasoline subsidy sparked protests across a number of cities, with deaths having been reported. Iran
Dubai's aviation boom in question as airshow kicks off The profitability of UAE airlines is on the decline as Dubai Airshow 2019 kicks off. United Arab Emirates
Egypt conducts joint drills with Greece, Cyprus amid Turkey tensions The naval forces of Egypt, Greece and Cyprus conducted joint military exercises in the Mediterranean amid tensions with Turkey over its drilling activities in the area. Egypt
Iran plans to wean budget off oil income by next year Iranian officials say the country will kick its dependence on oil revenues by next year, using them only for development projects and to acquire capital assets. Iran
Egypt's powerful military companies to go public President Abdel Fattah al-Sisi has called for listing companies affiliated with Egypt's armed forces on the stock exchange, allowing citizens to buy the shares in an effort to increase transparency. Egypt
Million-dollar lobbying campaign against Kuwait suffers major setback A Kuwaiti court has sentenced a Russian businesswoman to 15 years of hard labor despite pressure from former US officials. Here's who's behind the campaign to release Marsha Lazareva. United Arab Emirates
Fourth Cabinet reshuffle raises questions about economic reforms in Jordan Jordan’s prime minister conducted a Cabinet reshuffle for the fourth time since ascending to power to advance economic reforms required by a loan deal with the International Monetary Fund. Jordan
Egypt eyes new IMF deal Egypt has entered into talks with the International Monetary Fund to discuss a new financing package for the country, whose current economic reform program expires this month. Egypt
Iran's commercial code reform invites turmoil The Iranian parliament's rush job on approving hundreds of articles of a bill designed to reform the commercial code will lead to unconsidered consequences. Iran
Egypt launches first shipment to Kenya as part of Gosour project As part of the Gosour project, Egypt launched its first shipping line from Ain Sokhna port to Kenya’s Mombasa port — a project highly praised by the private and public sectors. Egypt
After unprecedented shutdown, Lebanon’s banks reopen, mitigate nationwide panic Lebanese banks have been shut for two weeks straight, not only because of the unprecedented nationwide protests but also because of the accumulation of an unresolved economic crisis. Lebanon
Why Palestinian businessmen will visit Russia As part of efforts to achieve economic disengagement from Israel and find new markets, a Palestinian delegation will visit Russia in November with the goal of boosting bilateral trade. Palestine
