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
Despite Egypt's wheat self-sufficiency plan, imports increase Egypt is importing unprecedented quantities of wheat, despite a recent expansion in cultivated lands and wheat cultivation, raising doubts about the feasibility of the government's plans to achieve wheat self-sufficiency. Egypt
Cairo seeks to boost trade with Ankara, overlooking political deadlock Tarek Kabil, Egypt’s minister of trade and industry, said it is not in Egypt’s interest to hinder trade activities with Turkey. Egypt
Turkey-EU tensions spill over to customs union accord Amid mounting bilateral tensions, Germany has ruled out talks on improving Turkey’s customs union accord with the European Union, but such sanctions might have little effect on Ankara in the short term. Turkey
Anti-dumping duties may worsen Egypt's economy Experts examine the possible motivations and consequences behind anti-dumping duties imposed on imported steel by the Egyptian Ministry of Trade and Industry. Egypt
Iraq, Saudi Arabia to reopen border crossings after 27 years As Iraq and Saudi are preparing to open land border crossings between them, trade activities are likely to resume in the next few weeks. Saudi Arabia
Erdogan targets Turkish banks over economic crisis Turkey’s president is blasting banks for making what he considers to be unfairly large profits, yet he overlooks his government's role in making it possible. Turkey
The real footprint of the IRGC in Iran's economy Given the important footprint of the IRGC in the Iranian economy, the Rouhani administration appears to be confronting the Guards by co-opting them. Iran
Clouds gather over Turkish-German economic ties Exasperated over Turkey’s disregard for the rule of law and its arrest of German nationals, Berlin has raised the specter of economic sanctions against Turkey. Turkey
One year on, Turkey's coup attempt has impacted economy Turkey's state of emergency since last year's coup attempt has been instrumental in averting a serious economic crisis, while also marking a process of "wealth transfer" through the seizure of hundreds of private companies. Turkey
The Turkish economy's mysterious rebound The Turkish economy's surprise 5% growth rate in the first quarter has stirred controversy, fueled mostly by a new calculation method adopted last year. Turkey
As Trump stumbles, Turkish economy comes back from brink of crisis US President Donald Trump's underperformance on his pledges has led global funds to return to emerging economies, which helped Turkey to escape an economic crisis, though not without a growing baggage of problems. Turkey
What’s on Rouhani’s second-term economic agenda? While President Hassan Rouhani’s economic agenda features strong commitment to the building blocks of sustainable development, there are significant challenges ahead. Iran
