Economy 2024-12-13
Iraq opens new Gulf port docks in push for economic diversification
The expansion of Grand al-Faw Port will facilitate oil and gas exports and help to reduce Iraq's dependency on regional neighbors.
Economy 2024-12-11
New sanctions on 'shadow fleet' target illicit exports of Iranian oil
The Iranian regime has been using a 'shadow fleet' of tankers to sell oil to foreign markets to fund its regional interference, circumventing sanctions.
Economy 2024-11-18
US sanctions Syrian conglomerate funding IRGC Quds Force, Houthis
Companies, individuals and vessels associated with Al-Qatirji Company have raised funds through the sale of Iranian oil to Syria and China.
Economy 2024-11-18
Lebanese economy better off without Hizbullah's financial arm, economists say
Al-Qard al-Hassan has profited from Lebanon's economic crisis while drawing scrutiny from international money laundering regulators.
Economy 2024-10-30
Saudi-Egypt investment accords send 'smartly timed' message of regional stability
The agreement, signaling a desire for regional peace and prosperity, stands in contrast with the violence fueled by the Iranian regime.
Economy 2024-10-10
Decline in wheat imports via al-Hodeidah port makes bad situation worse
Wheat imports to al-Hodeidah port have fallen by more than half as a result of the Houthis' ongoing attacks in the Red Sea and beyond.
Economy 2024-10-07
Saudi Arabia, Gulf states boost US ties with new LNG, military deals
New deals reflect the extent of mutual trust and the strength of the strategic partnerships in all fields between the United States and Gulf states.
Economy 2024-10-04
Houthi weapons procurement operatives in Iran, China face sanctions
New US sanctions target those who support the Houthis' attempts to destabilize the region and threaten lives and freedom of navigation.
Economy 2024-09-16
Saudi Arabia, Iraq deepen economic ties as counterpoint to Iranian regime's agenda
While the Iranian regime seeks to dominate Iraq through its proxy militias and siphon away its wealth, Saudi Arabia is supporting a new economic vision for Iraq and the region.
Economy 2024-09-13
Sanctioned Hizbullah oil smuggling network generated funds to support terrorist activities
Three individuals, five companies and two vessels are facing US sanctions for smuggling oil to generate funding for Hizbullah's activities.