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
Does latest Gulf aid to Jordan come with strings? Analysts wonder whether a Gulf aid package to help Jordan deal with its current economic crisis is in fact an attempt to pressure the kingdom into accepting the Israeli-Palestinian peace plan being developed by the United States. Legacy: Gulf
Egypt braces for spillover from Turkey’s economic crisis With the Turkish lira hitting a new low against the dollar and Jordan freezing its free trade agreement with Ankara, will Egypt take revenge on Turkey by imposing duties on Turkish imports? Egypt
Rapid spread of gas stations fuels controversy in Gaza Gas stations are increasingly being invested in under the degenerating economic and humanitarian situation in the Gaza Strip, pointing at conflicting interests between Gaza’s Ministry of Finance and Planning and the Ministry of Local Government. Palestine
Iran could become collateral damage of OPEC decision If OPEC decides this month to increase oil output, it will probably be the result of a simple economic decision and not any desire by Riyadh and Moscow to cater to the United States. Saudi Arabia
How foreign investors force Ankara to toe the line With nearly $700 billion in various assets in Turkey, foreign investors represent a crucial factor of pressure on Ankara's economic policies. Turkey
West Bank city becomes shopper's paradise for Palestinians living in Israel Impressive numbers of Palestinians in Israel are crossing the Green Line destined for shopping and eating in the West Bank city of Jenin. Palestine
Egypt expands law granting domestic products preference Egypt’s parliament has approved amendments to a law that gives preference to domestic products instead of imported ones in government contracts, drawing mixed reactions from local experts. Egypt
Turkish exports to Syria revived under shadow of war Turkey remains Syria's leading supplier of goods despite the ongoing war, with exports standing at some $1.4 billion last year. Syria
Russia finds navigating new development tricky in Syria Syria is slowly being seen less as a military liability and more as an investment opportunity, though there are still many potential challenges. Syria
Iran’s insurance industry braces for impact of US sanctions As Iran’s insurance industry awaits the re-imposition of US nuclear-related sanctions, the sector is this time better prepared for external restrictions. Iran
Can Palestine be transformed into investment hub? Foreign investments in Palestine accounted in 2017 for $1.5 billion, mostly in the tourism and banking sectors, with Palestine offering a range of encouraging incentives. Palestine
Iran's outreach to India after US exit from nuclear deal faces obstacles While Iran will likely receive political and trade support from the Indian government, Indian business with exposure to the United States will likely succumb to pressure from Washington. United States