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FinanceTime
  • August 22nd, 2026

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LATEST NEWS FROM MIDDLE EAST

July 29th, 2026
Middle East

US issues new Iran-related sanctions targeting insurers, more tankers

The United States on Wednesday issued another round of Iran-related sanctions, taking aim at Iran's efforts to "monetize ​the Strait of Hormuz" with designations of 10 entities and...
July 29th, 2026
Middle East

UN rights office warns of worsening settler violence in West Bank

The U.N. human rights office on Wednesday warned of worsening violence by Israeli settlers in the occupied West Bank, and urged international action against the killing of ​Palesti...
July 29th, 2026
Middle East

New Jewish-Arab party may complicate bid to oust Netanyahu

A new Jewish-Arab political party is courting young voters ahead of Israel's October election. But critics say it risks weakening the bid by ​the already underrepresented Arab mino...
July 29th, 2026
Middle East

SABIC posts narrower quarterly loss, revenue falls 18% as Iran war disrupts supply chains

Saudi chemicals giant ​SABIC on Wednesday reported a sharply narrower second-quarter net loss due mostly ‌to the absence of the previous year's large one-off charges, while revenue...
July 29th, 2026
Middle East

Yemen's Houthis considering fees for ships sailing through Red Sea, sources say

Yemen's Houthi group is considering imposing fees on commercial ships sailing through the southern Red Sea, a week after declaring a naval blockade ​on Saudi Arabia, regional sourc...
July 29th, 2026
Middle East

Explainer: Who are Iraq's Iranian-backed armed groups?

The U.S. and Saudi Arabia have struck Iran-backed Shi'ite armed groups in Iraq, which the allies said were responsible for drone attacks on Saudi oil facilities.
July 29th, 2026
Middle East

Guterres plans Cyprus meeting to define way forward

United Nations Secretary-General Antonio Guterres ​said on Wednesday ‌he planned to convene a multi-party meeting ​on the division ​of Cyprus to define ⁠the way forward ​on resolvi...
July 29th, 2026
Middle East

Israeli elections: how they work and who is in the race

Israelis are due to hold a national election on October 27. It will be the first since the deadly October 7, 2023 Hamas attack that shook the country and plunged the Middle East in...
July 29th, 2026
Middle East

Iran rules out regional management of Hormuz Strait, hitting hopes for breakthrough

Iran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official said on Wednesday, hitting hopes of a swift ​diplomatic breakthr...
July 29th, 2026
Middle East

Turkey detains another opposition district mayor, others as crackdown expands 

Turkish authorities detained an opposition Istanbul district mayor and five ​others on Wednesday over alleged ‌irregularities in building and occupancy permits, broadcaster NTV rep...
July 29th, 2026
Middle East

Ships transiting via Bab el-Mandeb strait at highest in a week, data shows

Thirty-seven commodity ships passed through the Bab el-Mandeb strait on Tuesday, the highest number since July 19, preliminary shipping data showed, with ​only a few transiting thr...
July 29th, 2026
Middle East

US military says US, Saudi forces struck sites of Iran-backed groups in Iraq

The U.S. military said on ​Tuesday it conducted ‌strikes with Saudi Arabia's armed forces in ​Iraq against militant ​groups aligned with Iran.
July 28th, 2026
Middle East

US military says it intercepted Iranian ballistic missiles launched towards US forces in Middle East

The U.S. military said on Tuesday it ​intercepted multiple ballistic missiles launched by Iran ‌towards U.S. forces in the Middle East, adding American forces remained "vigilant."
July 28th, 2026
Middle East

Top US oil trade group opposes Hormuz tolls after Gulf-backed voluntary fee proposal

The American Petroleum Institute opposes tolls or transit fees for vessels crossing ​the Strait of Hormuz, the top U.S. oil industry trade ‌group's chief executive Mike Sommers tol...
July 28th, 2026
Middle East

Yemen's Houthis say they fired missiles at Saudi oil tanker in Red Sea

Yemen's Houthis said they fired ballistic missiles at a Saudi oil tanker ​in the Red Sea, stepping up enforcement of ‌a newly declared maritime blockade of Saudi Arabia.
July 28th, 2026
Middle East

Saudi Prince Alwaleed takes 5% stake in EV maker Lucid

Saudi billionaire Prince Alwaleed bin Talal Al Saud has ​taken a 5% stake in Lucid , ‌according to a regulatory filing on Tuesday.
July 28th, 2026
Middle East

Saudi Arabia says it intercepted drones launched from Iraq targeting oil facilities

Saudi Arabia said on Tuesday that its air defenses intercepted and destroyed ​several drones launched from Iraqi territory that attempted ‌to target oil facilities in the kingdom's...
July 28th, 2026
Middle East

Ukrainian foreign minister says he warned Iranian counterpart against escalation, support for Russia

Ukrainian Foreign Minister Andrii Sybiha said on Tuesday he called his Iranian counterpart, Abbas Araqchi, ​following Iran's denunciation of a Ukrainian drone attack on one of ‌its...
July 28th, 2026
Middle East

Iran proposes temporary Hormuz plan giving itself greater control over transit lines

Iran has proposed to Oman a temporary arrangement to reopen the Strait ​of Hormuz under which one direction of traffic would ‌pass through Iranian waters and part of the opposite r...
July 28th, 2026
Middle East

Israel's yellow line, a shifting edge of war pushing Gazans from home

On a road in Gaza City's Zeitoun district, Palestinian resident Assem Dawla loaded mattresses and bags onto a truck as concrete yellow blocks marking the edge of Israel's expanding...
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Aug 21st 1 day ago
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Aug 21st 1 day ago
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US plans $725 million payment towards its large UN debt

Aug 21st 1 day ago
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NATO members discuss Strait of Hormuz options without allia...

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Aug 21st, 2026 Americas

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Aug 21st, 2026 Litigation

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