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The return of brotherly relations
Good afternoon, nice people. It’s the last day of the quarter, and we’re ending it on a “brotherly” note, as…
Iran signals it could reopen Hormuz within a week as UN diplomacy inches forward
Plus: Saudi Arabia secured limited British refueling support and a French offer to help secure Yanbu
Jordan locks in zero-tariff US access for 60% of its exports as Amman shops for more trade partners
Apparel, pharma, and fertilizers retain full exemption
Abu Dhabi keeps spreading sovereign capital abroad with EUR 40 bn German package
The UAE signed nearly identical packages with France and Italy last year
A diplomatic rupture
Good afternoon, ladies and gentlemen, and happy Friday. The two stories and themes we’re carrying into the weekend: A diplomatic…
Saudi Arabia negotiating bespoke nuclear oversight agreement
Plus: Spanish travelers are canceling their September bookings to Morocco after Ceuta migrant crisis
China’s Xi lands in Cairo as Beijing pushes to convert its Africa tariff window into permanent FTAs
PLUS: US Treasury moves to cut Banque Misr’s UAE branch off from the USD system over alleged Iran links
France joins the US, UK, and Italy in lining sovereign export credit behind its contractors for Saudi giga-projects
Saudi entertainment group Qiddiya will also invest EUR 6 bn (some USD 7 bn) to build three amusement parks
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