Israel’s Economic Outlook Darkens Following S&P and Moody’s Downgrades
S&P Global Ratings has lowered Israel's long-term credit rating from 'A+' to 'A' amid growing tensions with Israel
October 2, 2024Section
Middle East
Saudi Arabia Braces for Wider Budget Deficit as Economic Reforms Accelerate
Saudi Arabia has revised its fiscal outlook for 2024, projecting a larger budget deficit than initially anticipated. The Ministry of...
October 1, 2024
Abu Dhabi’s Adnoc Secures $13B Acquisition of German Petrochemical Leader Covestro
The Abu Dhabi National Oil Company (Adnoc) has agreed to purchase German petrochemical firm Covestro for $13 billion. Analysis from...
October 1, 2024
Iran Launches Massive Missile Strike on Israel, Escalating Middle East Tensions
Iran launched over 100 missiles at Israel Tuesday night, marking a notable escalation in the conflict between the two nations....
October 1, 2024
Israel Enters Lebanon, Launches Limited Ground Operation Against Hezbollah
Israel has initiated a limited ground operation in southern Lebanon escalating its conflict with Hezbollah. Coverage and analysis from The...
October 1, 2024
UAE Embraces U.S. A.I. Partnership, Distances from Chinese Tech
The United Arab Emirates has pivoted away from Chinese technology investments and towards a new artificial intelligence partnership with the...
September 30, 2024
Beirut’s Heart Under Fire: Israel Expands Attacks into Lebanon’s Capital
Israel launched unprecedented attacks on Beirut's center hitting apartments and camps killing Hamas and PFLP leaders. Analysis from The Rio...
September 30, 2024
US-UAE Defense Pact Raises Eyebrows Amid Sudan Conflict Allegations
The United States and the United Arab Emirates have forged a new defense partnership. This development comes at a time...
September 27, 2024
Lebanon Trembles on the Brink of All-Out Conflict, While Israel Says it Fights for Survival
Israel has escalated its military operations against Hezbollah in Lebanon, approaching the one-year mark of its conflict with Gaza, which...
September 27, 2024