Economics
Middle East economy to shrink 2.1% in 2026, Gulf economies by 4.3%, World Bank forecasts
Despite grim forecasts, the World Bank projects regional economies could rebound by 7.8% in 2027 if the conflict ends this year, though the Hormuz blockade and inflation remain major threats.
China-Syria trade rises by hundreds of millions of dollars as China launches industrial investments
Gas prices in Israel to reach all-time high at NIS 8.27 per liter amid worldwide price hikes
Election economics: Israel’s government must not buy voters’ support - editorial
OECD cuts Turkish economic growth forecast to lowest rate since 2020 amid Iran war, rising prices
The organization, which published its latest economic outlook under the title “Navigating Successive Shocks,” also lowered Turkey’s 2027 growth forecast to 3.6%.
OECD expects AI boom to help offset Middle East energy shock for now
In the OECD's baseline outlook, inflation in G20 economies was seen at 4.1% in 2026, up from 4.0% forecast in June.
Dubai built an economic empire Iran’s return cannot erase - opinion
Dubai’s rise was driven by decades of policies, infrastructure and global connections, not simply by Iran’s decline after the 1979 revolution.
US offers $10 million reward for information on senior IRGC leaders, including one killed in April
The US State Department's Rewards for Justice offered a bounty of up to $10m. for information on five IRGC leaders, including Majid Khademi, who was killed by an Israeli strike in April.
The ROI of resilience: The economic case for healing Israel’s traumatized children
There is no greater hidden liability than untreated childhood trauma, and no higher-yield investment than breaking the intergenerational cycle of abuse.
Israel’s economic resilience: Growth and investment despite years of war - opinion
With the wars, it is easy to forget there are thousands of other things going on simultaneously in Israel that are positive, worthy of praise, and even a cause for amazement.
Iran to become member of BRICS Bank, increasing economic cooperation, trade - report
Hemmati announced that Iran was set to join the BRICS Bank in the near future, Iran's semi-official Tasnim News Agency reported.
West African leaders sign $25 billion Nigeria-Morocco gas pipeline agreement
Once completed, it will have an annual capacity of 30 billion cubic meters of natural gas, with about half of that designated for export to Europe via an existing connection to Spain.
Approval granted for the transfer of NIS 1.1 billion for the rehabilitation of southern communities
A week after the explosion in the Finance Committee, the budget was approved unanimously. Hanoch Milwidsky explained the delay as an attempt to obtain reports and assist businesses in the North.
Saudi Arabia explores IMEC route through Syria, sidestepping Israel, sources tell 'Post'
The war in Gaza and the collapse of momentum toward Israeli-Saudi normalization have forced Riyadh to reassess the route of the project.
