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
Poverty spikes in Iran as prices for essential goods rise Inflation in Iran continues unabated, forcing further economic pressure and poverty on low-income households. Iran
Emirates reports massive drop in revenue in 2020 The Dubai-based airline's revenues fell billions and it is relying on reserves and support from the government to continue flying. United Arab Emirates
Qatar Airways resumes flights to Algiers The Doha-based airline is also increasing the number of its weekly flights to New York and Chicago. Qatar
Turkish lira makes gains on renewed optimism After hitting a series of record lows, Turkey’s currency rebounded more 7% this week as investors expect sharp policy reversals by the nation’s newly appointed economy team. Turkey
International financial alliance forms to help Iraq Several countries are forming an economic alliance to help Iraq in its financial crisis. Iraq
Amid market tumult, Erdogan appoints new finance minister Investors are watching for policy shifts as Turkey’s Former Deputy Prime Minister Lutfi Elvan takes the helm of the nation’s Finance Ministry following the surprise resignation of President Recep Tayyip Erdogan’s son-in-law Berat Albayrak. Turkey
Israeli fashion industry could collapse from pandemic losses Shopkeepers warn that if the government does not take serious steps to save them from the coronavirus-induced crisis, the whole national fashion industry could go down. Israel
Shakeup of economy team stuns Turkey, cheers investors Presidential son-in-law Berat Albayrak has quit as finance minister amid economic turmoil, but most news outlets pretended it didn’t happen. Turkey
Egypt bets on oranges to boost exports to Japan Japan allowed the Egyptian government to export citrus fruits after long negotiations between the two sides, in a step officials and experts believe will contribute to increasing Egyptian exports, pumping foreign currency into the country, creating job opportunities and increasing farmers’ income. Egypt
Lebanese brace for lifting of subsidies as conditions deteriorate As Lebanon suffers from its worst economic crisis in decades, the Lebanese are growing concerned as the central bank warns that its reserves will soon be depleted, forcing it to lift subsidies off basic commodities. Lebanon
Inflation rises in Turkey as lira falls for ninth consecutive day Turkey’s lira hit new lows Tuesday, becoming the worst-performing emerging market currency of the year following a rise in inflation last month. Turkey
Egypt, Ukraine discuss cooperation in furniture industry Egypt and Ukraine step up cooperation in the furniture industry, as both countries eye new markets in Africa and Eastern Europe. Originals