Explainer IMF projects Gulf rebound in 2027. Can energy production keep pace? Restoring shipping access in the Strait of Hormuz is only part of the recovery, as Gulf producers also need to repair damaged infrastructure to avoid further disruption to production and exports. Saudi Arabia
Jeddah airport flights disrupted as Houthis escalate threats Saudi Arabia’s busiest airport, Jeddah King Abdulaziz International Airport, saw widespread flight cancellations and delays on Tuesday. Saudi Arabia
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
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
Foreign ministers set stage for Putin-Erdogan meeting in April Expect to see an effort to boost Russian-Turkish collaboration when the presidents of both countries meet in two weeks. Turkey
Sisi pitches Sinai development to business world Egyptian President Abdel Fattah al-Sisi has called on the country’s business leaders to help develop Sinai, but interest has been underwhelming so far. Egypt
Iran's poorest citizens still waiting for some semblance of parity after 39 years Iranian authorities need to muster the courage and will to tackle fundamental tax and subsidy reforms to remedy the gaping wealth inequality in the country. Iran
Was Egypt's bond sale a sign of hope or desperation? Egypt raised $4 billion in a debt sale to help finance its budget deficit, but some economists emphasize that the government must ultimately find ways to generate income if it is to successfully deal with its economic problems and settle its debt. Egypt
No light at end of tunnel for Yemen’s economy The Yemeni government and central bank are unable to solve the unpaid salaries crisis of government employees amid an economic crisis that has left devastating humanitarian conditions in the war-torn country. Yemen
Rouhani’s visit a reality check for Iran-India relations Trade connectivity overtakes energy as Tehran and New Delhi move to forge closer cooperation. United States
Iran's Rouhani mocks his opponents, again Iranian President Hassan Rouhani, who has welcomed criticism in the past, is under fire for mocking his critics once again. Iran
Palestinians call for new reconstruction plan for Gaza Although more than $5 billion was pledged by international donors to help rebuild the Gaza Strip after the 2014 war, much of the plan to revitalize the coastal enclave has gone unimplemented. Palestine
Iranian lawmakers block cuts to cash handouts Iran's parliament has dramatically weakened the administration's proposed plan to end cash subsidy payments in a politically motivated backlash against the cost-saving effort. Iran
Turkish-Iranian trade revived amid growing cooperation in Syria Turkey and Iran have reversed a four-year downturn in bilateral trade as collaboration in Syria increases, but the possibility of a setback remains real. Syria
Iran prepares to boost jobs, clean air by revamping auto fleet The vast fleet of dilapidated vehicles on Iranian roads may disappear sooner than thought, though not everyone is optimistic about Tehran's latest attempt to get it done. Iran
Iran's currency crisis shakes Rouhani’s middle-class base Following the nationwide protests led by the Iranian working class in late December, the return of fluctuations on the foreign exchange market is putting pressure on the minds of middle-class Iranians. Iran
