Analysis What UAE’s $3.45B pullback from Pakistan signals about Abu Dhabi's priorities As Abu Dhabi pulls back long-rolled deposits while investing selectively, Pakistan faces an era of more conditional Gulf support tied to strategic alignment. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis MENA wheat importers face food security risks as Hormuz crisis festers Home to many of the world's largest wheat importers, the Middle East and North Africa face acute food security risks as the US-Israel-Iran war disrupts global fertilizer flows and pushes up prices. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel rejects Ukraine's claim that Russian shadow fleet vessel docked in Haifa Ukraine alleges the vessel unloaded wheat taken from occupied territories in Haifa, while Israel says ship had not entered the port. Israel
UAE’s cash request tests US ties as Iran war strains Gulf financial muscle Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now. United Arab Emirates
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
Turkish lira drops to near record lows after Central Bank trims policy rate The move came following pressure from the Turkish president. Turkey
Lebanon raises fuel prices again The Lebanese government previously subsidized fuel prices amid the country's worsening economic crisis. Lebanon
Iran’s membership in Asian security body won’t solve sanctions problem While the news that Iran will gain full membership in the Shanghai Cooperation Organization is a psychological victory for the sanctions-hit country, it will take much more to achieve lasting economic impact. Iran
UAE spends big to boost private sector workforce The United Arab Emirates will spend $6.5 billion in incentives for its citizens to take work in the private sector and stop waiting for public jobs. Legacy: Gulf
Will Iranian fuel solve fuel crisis in Lebanon? Lebanese economists do not see any benefit from the Iranian fuel shipments that recently entered Lebanon, with support from Hezbollah, amid the worsening fuel crisis in the cash-strapped country. Lebanon
Amazon's entry heats up local competition in Egypt US e-commerce giant Amazon opened its logistics zone in Egypt, offering new options to consumers and new challenges to small businesses. Egypt
Bennett rules out meeting Abbas, but not economic cooperation Prime Minister Naftali Bennett said Tuesday that he will not meet with Palestinian President Mahmoud Abbas, but he showed willingness to support economic and business ties with the Palestinian Authority. Israel
Confidence-building measures with Israel trigger mixed reactions among PA leaders Palestinian leaders exhibit varying reactions toward the confidence-building measures with Israel. Palestine
Sudan, South Sudan resume trade activity Following a 10-year hiatus, since the secession of South Sudan on July 9, 2011, the governments in Juba and Khartoum agreed to resume trade activity and cooperate on transport and security beginning in early October. Egypt
Lebanon forms new government The formation of a new government led by Prime Minister Najib Mikati brings to an end a 13-month gridlock in Lebanon. Lebanon
Chinese-operated port opens in Israel despite American concerns The Biden administration is relaying to Jerusalem the same fears expressed by former US administrations over Chinese investments in Israel. Israel
Absence of government, parliament negatively affects Tunisia’s economy The complex political and economic scene in Tunisia is deepening concerns over the negative economic repercussions on the sovereign ratings of the economy and the business and investment climate, as political experts warn of an unprecedented economic disaster. Tunisia
