Topic

Middle East

24 stories from Middle East Affairs.

Markets

AI spending boom cushions global economy against multiple shocks

A surge in spending on artificial intelligence infrastructure is helping the global economy absorb shocks from trade conflicts, energy disruptions, and rising borrowing costs, according to analysis from the Wall Street Journal and economists.

Iran

U.S. analysis: Iran willing to absorb costs of prolonged conflict

A New York Times report citing U.S. officials says Iran's leadership believes it can sustain a prolonged confrontation while Iranian civilians bear economic hardship.

Interviews

Three experts assess path to US-Iran deal as conflict deepens

The conflict between the US and Iran appears to be hardening, with little prospect for near-term agreement despite US pressure campaigns combining military strikes and economic sanctions.

Companies

Saudi live-shopping startup Rwaj raises $1.2 million

Jeddah-based live-shopping startup Rwaj has raised $1.2 million in a pre-seed round to expand its social commerce platform across the Middle East.

Football

Al-Ahly coach defends squad depth, emphasizes defensive issues

Al-Ahly manager Marino Boseitch said the club needs to strengthen multiple positions and defended recent tactical decisions in a pre-match press conference.

Arab Economy

Gold prices rise across Middle East as dollar weakens

Gold prices rose on Thursday across Saudi Arabia, Egypt, the United Arab Emirates, Qatar and Kuwait, driven by a weakening dollar and declining U.S. Treasury yields.

Palestine

Israeli settlers kill two Palestinians in West Bank village raid

At least 76 Palestinians have been killed in 2026 during settler attacks in the West Bank, prompting warnings from the United Nations and international organizations.

Security & Defence

USS Abraham Lincoln crew gets first rest day after 286 days at sea

The USS Abraham Lincoln, after nearly 300 days at sea in Middle East operations, docked in Thailand for crew rest as the Pentagon plans to extend the deployment through 2027.

Syria & Lebanon

Israel to release five Lebanese detainees, reports say

Israel is reported to be releasing five Lebanese detainees on Thursday as part of US-brokered negotiations between the two countries.

Energy

Russian crude surges as China turns away from Middle East suppliers

Russian ESPO crude has surged to a $10-a-barrel premium over Brent as Chinese refineries turn to the Pacific-shipped oil amid disrupted Middle Eastern supplies.

Interviews

Scholar examines how Turkey's growing influence is reshaping Middle East dynamics

A researcher at Turkey's SETA foundation discusses how Ankara's growing regional influence is altering Middle Eastern power dynamics and security arrangements.

Markets

Gold surges 2% as traders pare rate-hike bets

Gold jumped more than 2% after a Federal Reserve official signaled openness to holding interest rates steady if inflation continues moderating.

Business

Airlines stagger return to Middle East routes amid operational uncertainty

International airlines are resuming some Middle East services while maintaining suspensions on other routes, with cancellations on some lines extending into early 2027.

Egypt

Egypt, Saudi Arabia call for de-escalation amid regional strains

Egyptian President Abdel Fattah al-Sisi and Saudi Crown Prince Mohammed bin Salman urged de-escalation of regional tensions during a phone call, citing risks to energy supplies and global trade.

Markets

Global bond yields spike to multiyear highs on debt concerns

Major government bond yields have surged to their highest levels in years, driven by rising inflation, swelling budget deficits, and increasing borrowing needs among developed economies.

The Gulf

Taco Bell to return to UAE after 14-year absence

Taco Bell will return to the UAE under a new agreement with Americana Restaurants, which plans to expand the US chain across Gulf markets.

Climate & Environment

Conflict in Iran drives fertilizer prices higher, straining farming economics

Fertilizer prices have spiked as conflict in Iran disrupts ammonia production and shipping, forcing farmers to absorb higher input costs and driving up food prices.

Egypt

China's Xi calls for end to "foreign interference" in Middle East

Chinese President Xi Jinping called on Middle Eastern countries to oppose "foreign interference" during a meeting with Egyptian President Abdel Fattah al-Sisi in Cairo, his first visit to the capital in a decade.

The Gulf

Fitch affirms Qatar's AA rating, expects LNG exports to recover by mid-2025

Fitch Ratings affirmed Qatar's AA credit rating and removed the country from its negative watch list, projecting liquefied natural gas exports will recover to pre-war levels by the second half of 2025.

Markets

Dollar rallies as gold and Bitcoin retreat from August peaks

Gold and Bitcoin, which rose together in August on dollar concerns, have retreated as investor bets on higher U.S. interest rates strengthen the dollar.

Climate & Environment

Forest fires threaten solar power stations across Europe and Middle East

Forest fires have increased sharply across Europe and parts of the Arab world, threatening solar power stations and prompting calls for protective measures.

Society

Tunisia's Court of Cassation to hear final appeal in opposition figures' case

Tunisia's highest court will hear a final appeal on September 3 in a case involving convictions of 34 opposition figures.

Security & Defence

Burnham pressed on paying for defence buildup

Prime Minister Andy Burnham faced questions about how he will finance a major increase in UK defence spending during his first Prime Minister's Questions in parliament.

Iran

Iran launches missile and drone strikes on U.S. positions across Middle East

Iran launched strikes on U.S. bases and interests in Jordan, Iraq and Bahrain, while a Saudi oil tanker was hit in the Strait of Hormuz with two Philippine crew members killed, in an escalation following American air strikes that killed at least 11 people in southern Iran.

Middle East | Middle East Affairs