Analysis What Maersk's $250M logistics park means for Saudi Arabia Danish logistics company remains invested in the Red Sea despite continued threats to shipping from Yemen's Houthi militants. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis Libya: Behind abduction and failed central bank coup in Tripoli The bank's head of information technology was abducted on Sunday morning but returned hours later. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis With new investment law, Saudi Arabia looks to reassure foreign investors Riyadh looks to incentivize investors to participate in the diversification of its economy, as its Vision 2030 deadline looms nearer. By Jennifer Gnana In Dubai, reporting on Gulf energy policy and politics
Analysis Oman’s sleepy tech sector showing signs of promise Global investors are putting millions into an Omani carbon removal startup, signaling a breakthrough for a market that has lagged behind Gulf neighbors targeting tech growth. By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE port operator DP World's profits fall 60% amid Yemen's Houthi Red Sea attacks United Arab Emirates
Analysis How Morocco-UAE economic agreement could usher in new era of bilateral trade By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Egypt to use IMF account to help reduce Sudan’s debt Egypt announced that it will use its share at the International Monetary Fund to help settle part of Sudan’s outstanding debts, as Cairo sees its own stability and security as being correlated with Khartoum's. Egypt
Work in Gulf means short-term gains, transient lifestyle Tax-free incomes offered to migrant workers who play a decisive role in developing Gulf economies are regarded as compensation for no formal route to citizenship or social security. Gulf
Protests in Oman over job losses, economy Sultan Haitham has attempted to introduce economic and political reforms in the past year. News Brief
The Takeaway: Erdogan’s incendiary remarks about Israel worsen ties with Washington The fallout of the Turkish president’s comments could compound problems for country’s beleaguered economy; Israel-Palestinian frictions dominate region’s news; Libya’s mercenaries; and more! Turkey
Egypt to complete construction of New Rafah City New Rafah City is becoming a reality in northern Sinai, giving displaced Rafah residents hope for a new and secure life and Egypt a chance to better fight the Islamic State in the border area with the Palestinian Gaza Strip. Egypt
Lebanon loses some electricity after Turkish company ceases operations Karpowership said they stopped providing electricity to crisis-stricken Lebanon due to 18 months of no payments. Lebanon
Egypt's Sisi approves plan to widen, deepen Suez Canal after stuck ship The plan includes widening and deepening the area where Ever Given got stuck in March. News Brief
Lebanese parties distribute food baskets as economy continues to sink Lebanese parties are distributing aid and food baskets to people suffering under difficult economic and social conditions but at the same time are ignoring the root of the crisis. Lebanon
New loan fund could save small Arab-Israeli businesses Already fragile small Arab-Israeli businesses were hit especially hard by the pandemic and the ensuing economic crisis. Israel
Can Chinese investment provide boost to Iran’s Chabahar port? As US-Iran ties deteriorated, India slowed down work at Iran’s Chabahar port; yet Chinese investment could bring it back to life. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
French FM visits Lebanon to send message of ‘great firmness’ to bickering politicians French Foreign Minister Jean-Yves Le Drian met with President Michel Aoun, who briefed him on the stalled efforts to form a government. Lebanon
Turkish Central Bank keeps interest rates high as inflation weighs on economy Cornered by rising inflation and a weakening currency, Turkey’s Central Bank kept its benchmark interest rate steady at 19% on May 6 as policymakers await positive signals. Turkey