Iran moves to deepen infrastructure links with trading partners
Seeking to carve out a niche in regional transit networks, Iran’s transport minister held meetings...
Middle East
Saudi Arabia and Iran hold high-level meeting in China
After agreeing to a deal brokered by China to explore restoring diplomatic ties, Saudi Arabia...
IMF warns Lebanon of hyperinflation risk
Ernesto Ramirez Rigo, the head of the IMF’s mission in Lebanon, said on Thursday that progress...
Saudi Arabia and Iran plan bilateral talks
After holding a call on the first day of Ramadan, Saudi Arabia’s and Iran’s foreign...
Malaysia seeks closer ties with Saudi Arabia
Malaysian Prime Minister Anwar Ibrahim visited Saudi Arabia this week, seeking to restore ties with...
Iraq to settle bilateral trade with China in yuan to defend the dinar
Iraq’s central bank announced on Wednesday that it would settle purchases of Chinese imports directly in...
Iranian rial falls to record low against dollar
Iran’s currency sank to a new low of 500,000 to the dollar on Monday on...
Lebanon devalues official exchange rate by 90%
Lebanon devalued its currency by 90% this week in an effort to fulfill promises made as part...
Saudi Arabia pushes to grow tourism sector
Saudi Arabia’s effort to diversify its economy got a boost last year with a near-100% surge...
Iraq looks to Qatar for energy investment
Iraq is hoping to secure a $27 billion investment from Qatar that would stanch the flow...
Enhanced dollar controls slam the battered Iraqi economy
Iraq’s economy is reeling after stricter controls on wire transfers targeting Iran led to a sharp rise in import...
Gulf nations warm to Emerging Asia as Western alliances weaken
Saudi-China summit highlights Asia's increased trade, energy, and security importance to traditionally Western-aligned countries across the Middle East
