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
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
Why Iranians are lured by Georgian delights Iranians from different walks of life seek investment opportunities and residency in Georgia, thinking it would be a gateway to Europe — but is it that easy? Iran
Saudi Arabia hires star lawyer to fight anti-oil cartel bill Former Republican Solicitor General Ted Olson is being paid to push back against bipartisan legislation challenging OPEC’s dominance. Saudi Arabia
Rouhani moves closer to Khamenei amid bipartisan backlash President Hassan Rouhani’s appearance before parliament to answer economic questions did not satisfy Principlists or Reformists. It did, however, please Supreme Leader Ayatollah Ali Khamenei. Iran
Egypt reaps harvest of Sisi’s visit to China Egyptian President Abdel Fattah al-Sisi returned a few days ago from a visit to China during which he participated in the Forum on China-Africa Cooperation in what raised questions about the gains that Egypt will achieve from the visit. Egypt
Unemployment pushes Palestinians to work in Israel Many Palestinians in the West Bank and Gaza Strip, where jobs are scarce and low-paying, enter Israel to find work, and those who are truly desperate end up building the very settlements they seek to end. Palestine
