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The damning report identifies 176 transactions within a six-year timeframe that were allegedly linked to suspected weapons dealers in Somalia and Yemen.

India's economic diplomacy with Turkey could yield positive results, but Kashmir remains a source of friction.

UAE deal puts Israel's economic reach on Iran's doorstep

The New Arab Staff & Agencies

UAE deal puts Israel's economic reach on Iran's doorstep

The controversial normalisation deal could pave the way for direct economic engagement between Israeli and UAE-based Iranian business people, analysts say.

Algeria turns to <em>Islamic</em> finance to prop up economy

The New Arab Staff & Agencies

Algeria turns to Islamic finance to prop up economy

Algeria has launched Islamic finance product s to attract more money, but bankers warn it isn't enough to fix the country's economy.

Lebanon's economic collapse could threaten Israel's security: Israeli general

The New Arab Staff

Lebanon's economic collapse could threaten Israel's security: Israeli general

Israeli commander Amir Baram said the crisis in Lebanon could impact Israel.

The New Arab Staff

Algeria's new economic reforms aims to save $20 billion

The North African country is launching an economic plan that would help it out of its financial strait.

The New Arab Staff & Agencies

Iran's Rouhani says coronavirus lockdown would cause 'chaos, hardship'

Iran has battled the Middle East's worst outbreak of the novel coronavirus.

The New Arab Staff

Iran protesters demand resignation of central bank governor

In a tense stand off with security officials, crowds of protesters chanted slogans calling for the dissolution of the government-subsidised ...

Kareem Chehayeb

Lebanon weighs impact of Caesar Act as economy nosedives

Cash-strapped Lebanon is weighing its response to a new US sanctions law targeting the Syrian regime.

Syria Insight: Syria's collapsing economy threatens Assad's rule

Paul McLoughlin

Syria Insight: Syria's collapsing economy threatens Assad's rule

The Syrian economy has not looked in a worse position for decades with few options for the bankrupt regime.

The New Arab

UAE's Sharjah raises $550 million to boost coronavirus-hit economy

The UAE has announced a range of stimulus packages to rescue local coronavirus-hit economies.

The Middle East at war with coronavirus

The New Arab

The Middle East at war with coronavirus

In today's roundup: First Covid-19 death reported in Bangladesh's refugee camps, Saudi Arabia's mosques reopen and Yemen's influx of migrants ...

Billionaire Saudi <em>banking</em> tycoon dead at 79, family says

The New Arab & agencies

Billionaire Saudi banking tycoon dead at 79, family says

Saleh Abdullah Kamel, founder of the banking and real estate conglomerate Dallah Albaraka Group, died in a hospital at age 79.

Coronavirus-struck Iran urges IMF to accept $5b loan

The New Arab & agencies

Coronavirus-struck Iran urges IMF to accept $5b loan

Iran has urged the IMF to give a $5 billion emergency loan to combat coronavirus.

Iran says European barter system 'good omen' but insufficient

The New Arab & agencies

Iran says European barter system 'good omen' but insufficient

Britain, France and Germany last week carried out the first transaction through the Instex mechanism to deliver medical supplies to Iran, which ...

The New Arab & agencies

Pakistan's Imran Khan calls for lifting of Iran sanctions

Imran Khan called for the lifting of US-led sanctions on neighbouring Iran, after Iranian President Hassan Rouhani wrote to him asking for help in dealing with the coronavirus outbreak.

Paul McLoughlin

Iran funded Assad's war at the expense of Iranians

Analysis: Iran has helped the Assad regime win back much of Syria but at what cost to its taxpayers? The New Arab crunched the numbers

The New Arab

Turkey clerics defy tradition to allow interest on loans

Traditional Islamic thought bars lending money with interest rates.

The New Arab

A decades-long battle: The Iran-US rivalry explained

Explainer: Tensions between the US and Iran have reached the highest point in decades, with the killing of a leading Iranian general by ...

Extreme inequality will fuel Middle East turmoil and uncertainty

Emile Nakhleh

Extreme inequality will fuel Middle East turmoil and uncertainty

Comment: The regimes' inability and unwillingness to address their peoples' legitimate demands is leading the region to more turmoil and ...

Shireen T. Hunter

Sanctions are testing the resilience of Iran's Islamic system

Comment: Iran's latest crisis highlights the problems of its double-headed government, and the conflict between national interests and the ...

UAE releases $700 million in frozen Iranian funds

The New Arab

UAE releases $700 million in frozen Iranian funds

The UAE has reportedly released hundreds of millions of dollars of frozen Iranian assets amid improving 'currency relations' between the two ...

Thomas Cook and the rise of Britain's colonial empire

Charlie Hoyle

Thomas Cook and the rise of Britain's colonial empire

Despite being synonymous with affordable package holidays, the Thomas Cook travel company, which collapsed this week, was once at the forefront ...

Iran to abandon more nuclear commitments in '60 days'

The New Arab & agencies

Iran to abandon more nuclear commitments in '60 days'

Iranian authorities warned the Islamic Republic would abandon more nuclear commitments in 60 days.

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