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US pitches USD 10 bn Gulf reconstruction fund as Qatar pushes back on the “worthless Hormuz” thesis
US’ Bessent says Hormuz will be worthless in two years. Qatar’s Kaabi says it will never be obsolete.
Morocco’s water security and Oman’s Yiti sustainable city pick up USD 190 mn from OPEC Fund
Plus: EBRD backs Iraqi trade finance and Moroccan energy-efficiency lending with matching EUR 25 mn lines
Iraq looks to end reliance on Hormuz and Iranian gas with pipelines and new power generation projects
An agreement with Siemens covers combined-cycle and thermal plants burning fuel sources available in Iraq
Russia sends first convoy to Syrian bases since signing basing agreement
Plus: Etihad is flying 15% more than last year
Iraq sentences power distribution executive to seven years over illicit gains
It’s the latest conviction in a corruption campaign that has detained more than 210 suspects, including officials and legislators
Iraq turns to private operator to lift Ajeel field gas and crude output
Plus: Tunisia’s trade balance remains wobbly even as exports rise
Saudi data center pipeline grows as Edarat lands SAR 197.8 mn AI facility contract
Plus: Iraq wants to ramp up its OPEC quota
Iraq may soon hold talks with US banks for financing package
Plus: Egypt looks at repairing damaged Damietta FSRU + building redundancy
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