US-China tech rivalry hits Israel as Intel cancels Tower Semiconductor deal The companies canceled the deal after failing to obtain regulatory approval from China. Israel
US sanctions Lebanese environmental group for Hezbollah ties The US imposed sanctions on Green Without Borders and its leader, Zuhair Subhi Nahla, for providing cover for Hezbollah's activities in southern Lebanon. Lebanon
Analysis Saudi holdings of US Treasuries hit record low, signaling push to diversify from dollar Saudi Arabia's stockpile of US Treasuries fell to $108.1 billion in June, the lowest point since December 2016. By Salim A. Essaid
Saudi Arabia, China sign $1.33 billion in housing deals The Saudi-China Business Forum represents the latest sign of increased Chinese interest in Saudi Arabia. Gulf
Pentagon denies US military to cut Iran’s land route into Syria The top commander of US-led coalition forces in Iraq and Syria denied his forces are preparing to cut the road from al-Qaim to Albukamal, pushing back on recent reports in Arabic-language media. Syria
US lawmakers question if Iranian 'intimidation effort' delaying seized oil transfer American shipping companies have reportedly been reluctant to offload Iranian oil from a tanker anchored off the coast of Texas. Iran
Saudi oil exports fall to 21-month low The decline in the kingdom’s oil exports follows its production cuts as well as those of Russia. Saudi Arabia may face difficulties maintaining price stability moving forward. Gulf
Offshore gas rig sets up in cash-strapped Lebanon The arrival of the machinery marks a significant development for Lebanon, which hope gas exploration will revive its ailing economy. Lebanon
US officials challenge Turkey’s claim to have killed Islamic State leader US officials suggest that the Syrian jihadist group Hayat Tahrir al-Sham really was behind the death of Islamic State leader Abu al-Hussein al-Husseini al-Quraishi. Syria
Turkey roasts as extreme weather fuels wildfires, disrupts air traffic In Turkey’s Mediterranean province of Antalya, soaring humidity levels have also disrupted air travel. Turkey
