Iraq warned OPEC it may quit if its oil quota stays low, as its May output collapsed to 1.48 million bpd, far below its 4.378...
Saudi Housing Sales Halve in Q1 2026, but Demand Holds Firm
Knight Frank says Saudi housing transactions fell 50% in Q1 2026 as the Iran war spooked buyers, but prices kept rising and long-term demand held...
Jordan Real Estate Trading Falls 5% in First Five Months of 2026
Jordan real estate trading volume fell 5% to JD 2.458 billion in the first five months of 2026, with apartment sales to non-Jordanians rising 6%...
Egypt and Azerbaijan Step Up Cooperation Ahead of Baku Summits
Egypt's planning minister and Azerbaijan's ambassador shaped a new cooperation phase, days before Baku hosts the IsDB annual meetings and OIC summit.
How the Iran War Is Reshaping Egypt’s Everyday Economy
The Iran war has lifted Egyptian fuel prices up to 30%, pushed urban inflation to 15.2%, and cut Suez Canal revenue by $10 billion since...
Egypt’s Growth at Risk as AfDB Flags Four Revenue Channels
Egypt risks losing up to 2.5 GDP points from geopolitical pressure on Suez Canal revenues, tourism, and remittances, per the AfDB's 2026 outlook.
Egypt Ships Its First Watermelons to Europe Through Austria
Egypt shipped its first watermelon containers to Europe this season, starting in Austria with three a week, as exporters chase a market led by Morocco...
1 in 3 Israeli Workers Earn Less as War Strain Climbs Upward
About one in three Israeli workers is now earning less than before the country's wars began, and the financial damage is no longer confined to...
Saudi Arabia Enforces 70% Procurement Saudization From May 31
Saudi Arabia began enforcing a 70 percent Saudization requirement across 12 procurement professions on Sunday, May 31, one of the steepest localization quotas the Kingdom...
Jordan Cut Fuel Prices in June but the Tax Floor Held Firm
Jordan's Fuel Pricing Committee cut pump prices for June 2026, dropping 90-octane gasoline to 0.915 dinars a litre (about $1.29) from one dinar in May,...
Saudi Flag on Two New Ships Marks a Quiet Registry Push
Saudi Arabia raised its national flag aboard two vessels on Monday, one at Ras Tanura Port on the Gulf coast and the other at Jeddah...
Egypt Adds Turkiye’s OZ Mining to Its Eastern Desert Gold Queue
Egypt has added another foreign name to the list of companies circling its Eastern Desert gold belt. The Mineral Resources and Mining Industries Authority (MRMIA,...
Saudi Consultant Freeze Turns Vision 2030 Into a Cash Test
The Saudi consultant freeze reported this week is less a sudden backlash against McKinsey decks than a cash discipline signal from a government whose transformation...
India-Middle East-Europe Corridor Needs a War Plan
The India-Middle East-Europe Economic Corridor was unveiled as a faster bridge for goods, energy and data. After the Iran war exposed what the European Council...
Jordan Exports to Europe Jump but Factories Face EU Test
Jordan exports to Europe jumped 72.3 percent in the first two months of 2026, reaching JOD112 million, about $158 million at the Jordanian dinar's fixed...
Kharg Island Tanker Queue Turns Into Iran’s Storage Test
The Kharg Island tanker queue has grown from a shipping delay into a storage test for Iran's oil system. Satellite and maritime intelligence reviewed on...