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
Egypt’s animal-drawn cart owners struggle as government crackdown intensifies Some animal-drawn cart owners are finding it hard to make ends meet as the Egyptian government intensifies its crackdown against them as part of its campaign to fight traffic congestion in Cairo. Egypt
Turkey welcomes back foreign cash, no questions asked Scrambling to ease a bruising hard currency crunch, the Turkish government has enacted a wealth amnesty bill that opens the door to the repatriation of shadowy money from abroad. Turkey
Why China may not come to Iran’s rescue While China remains committed to the implementation of the nuclear deal with Iran, the extent of its economic interaction with the Islamic Republic may be limited by US sanctions. United States
US exit from nuclear deal driving Russia, Iran closer Moscow and Tehran are willing to tackle multiple challenges to improve their business dealings despite US sanctions. Russia
Iraqi Kurds look to open new chapter with Iran The Iraqi Kurdish leadership forges ahead with efforts to improve ties with Iran, both in hopes of reviving their economy and also to regain lost clout in Baghdad. Iraq
Turkey stands to suffer under new US sanctions on Iran Turkey might have a tough time dealing with pending US penalties against Ankara's trading partner Iran. Turkey
Who is really driving the slump of the Turkish lira? Though the flight of foreign investors is often cited as the main factor behind the slump of the Turkish lira, official data indicate that growing distrust in the currency stems largely from domestic actors. Business
Saudi Arabia, Iran vie for economic influence in Iraq Saudi Arabia is seeking to enter the Iraqi market aggressively, along with a political presence, and increase the competition with its opponent Iran in the Iraqi arena. Saudi Arabia
How Turkey's 'doping-induced' growth backfired into hasty elections The Turkish government’s rush to hold elections in June is driven by economic woes that even its attempts at "doping-induced" growth have failed to overcome. Turkey
Egypt establishes sovereign fund The Egyptian government has moved to establish a sovereign fund as part of reforms intended to boost the economy and shrink unemployment. Egypt
Iran pushes for transparency to deal with currency instability While Iran’s push for transparency is positive, its new integrated system for hard currency transactions seems ill-prepared to manage the complexities of the Iranian currency market. Iran
Iran’s currency tensions spur crypto ban Iran’s recent move to ban cryptocurrencies is not only far from clear in its scope, but also likely a mere temporary fix amid efforts to combat capital flight. Iran
