News, economy and analysis from across the Middle East
EconomyAnalysis
Egypt's six-day forum gathered 8,000 participants to chart a national economic course beyond the IMF programme, focusing on private sector growth and fiscal health.
Brent crude oil prices have fallen from a five-month high. A US waiver on Russian sanctions allowing increased diesel exports signals shifting supply dynamics for energy producers.
Doha's latest commitment aims to rebuild Lebanon's dysfunctional electricity sector with no upfront cost to Beirut, potentially offering a more reliable power supply for homes and businesses.
Baghdad's crude production reached its highest point this year, signalling a recovery from war-related disruptions. This rebound is crucial for the nation's finances.
Algeria and South Africa are enhancing cooperation across oil, gas, and other key sectors, aiming to boost economic integration and investment. This strategic shift could reshape trade flows for both nations.
The decision offers a temporary shield against rising costs for Egyptian households and businesses, but the government's commitment to ending fuel subsidies by 2025 looms large.
Egyptian officials are in Bangkok advocating for expanded financial tools and greater private sector involvement to bolster the nation's economic recovery amid regional challenges.
A recent missile strike on Saudi Aramco's Dhahran headquarters has rattled investor confidence, threatening the Kingdom's ambitious Vision 2030 economic transformation goals. This escalation prompts questions about the security of vital energy infrastructure.
A joint operating body led by BP has taken over four major oilfields in northern Iraq to boost output and capture gas for power generation.
Egypt's currency is under renewed pressure, driven by substantial financing requirements and broader geopolitical instability in the region. This shift affects import costs and investment outlook.