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
Palestinian Authority, Jordan work to boost economic ties Palestinian and Jordanian ministers plan to hold intensive meetings in the next few months to tackle several issues related to joint trade cooperation between the two countries. Palestine
Why Turkey’s new economic program failed to impress The Turkish government’s hallmark rejection of self-criticism affects consistency and realism in its diagnoses of economic woes and the remedies it plans. Turkey
Is Jordan ready to normalize ties with Syria? Syrian and Jordanian officials are in technical talks about reopening their border for trade purposes, but analysts have noted Amman's wariness about normalizing relations for fear of its possible effect on relations with its Arab and Gulf allies. Jordan
Can Tunisia handle public sector strike? While the Central Bank of Tunisia recommends taking exceptional measures to deal with the alarming economic situation by imposing new rules on banks to measure the ability to meet their engagements, there is fear the country could go bankrupt especially as labor unions are threatening to go on strike. Tunisia
Palestine stock exchange defies all odds The Palestine Securities Exchange (PEX) announced profits of around $167 million in the first half of 2018; however, the general economic situation in Palestine is going downhill. Palestine
Will Egypt get handle on its public debt? Parliamentary committees are making noise about plans to address Egypt's public debt, in part by establishing mechanisms to optimize the use of loans and grants. Egypt
What rial devaluation means for Iranian government While the devaluation of the rial has had a negative impact on Iranian society, it has the potential to help key economic players — including the government and the Central Bank — to gain a new and sustainable balance in their finances. Iran
Surging prices may push Iran's housing sector back into recession While property prices in Iran have jumped following turmoil across the economy, the sector is headed for another recession as the number of actual deals is dropping. Iran
Economic ties going strong between Israel, Palestine Palestinian-Israeli economic relations seem unaffected by the political stalemate hindering peace talks between the two sides. Palestine
Egypt's horse exports growing now that most bans are lifted Now that many countries no longer ban imports of Egyptian horses, the government expects the country to become a hub for investment in purebred Arabian horses. Egypt
Lawmakers to study how Egypt's civil servants are paid The majority coalition in Egypt’s parliament wants to amend the civil service law to increase what government employees are paid, while some experts and economic observers believe the state ought to instead create a work environment that discourages incompetent civil servants. Egypt
Why is Egypt canceling T-bond auctions? For the second time this year, the Egyptian government canceled the sale of treasury bonds after banks demanded higher interest rates. Egypt