Economy

Cairo is monitoring Houthi advances near Bab al-Mandab amid fears of disruption to Red Sea shipping and traffic through the Suez Canal.

Lebanon is expanding Beirut port's container terminal with a $100m project to restore its role as a major eastern Mediterranean logistics hub.

US Treasury sanctions a Turkish financial institution as Washington targets financial networks supporting Iran's government.

Luxembourg has allowed its approval of Israel’s bond prospectus to lapse, forcing Israel to seek a new EU regulator if it wants to keep marketing the debt.

Putin, Xi, Iran's Pezeshkian and India's Modi will join a regional summit in Kyrgyzstan as the SCO seeks to counter Western influence.

Analysts have said Syria faces several challenges in the widespread adoption of digital payment systems, including limited infrastructure.

Lebanon’s economy is projected to shrink 6.4 percent in 2026 as war, inflation and disrupted trade derail its fragile recovery.

The opening of the new berth is expected to increase port capacity, though analysts warned that lower costs may not reach ordinary people.

Aramco's announcement coincided with a complaint from US President Donald Trump that oil companies are making "too much money" because of the war on Iran.

The IMF said Thursday it completed two reviews of Egypt's loan programme, giving the country access to about $1.8 billion.