Economy
World Bank projects a 6.4% contraction in Lebanon’s economy in 2026
The Summer 2026 Lebanon Economic Monitor says renewed conflict reversed the previous year’s recovery and intensified pressure on public finances and household incomes.
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Economy
Jordan tourism income rises to $1.14 billion in August
The central bank reported a 17.2% annual increase, while growth across the first eight months was 2.9% and varied by visitor group.
Economy
IMF projects 1.7% growth for Saudi Arabia in 2026
The July country review says disruption to shipping through the Strait of Hormuz affected oil and non-oil activity; the forecasts are conditional and subject to uncertainty.
Fiscal Policy
Jordan’s domestic public revenue rose 2% through July
Revenue reached JD5.625 billion in January–July 2026. Non-tax receipts made the larger contribution to the increase, while capital spending also rose.
Finance
UAE banks’ gross assets reached AED5.669 trillion at end-July
Central bank data showed monthly growth in lending and deposits. Non-resident deposits rose 6.8 percent, the fastest reported increase among deposit categories.
Finance
World Bank approves US$700 million in financing for Jordan reforms
The approved loan supports reforms covering business licensing, worker protections, energy investment, capital markets and finance access for smaller firms.
Business
UAE non-oil foreign trade reached AED1.937 trillion in H1
Total value rose 13.1 percent in the first half of 2026, while non-oil exports increased 23.9 percent. The figures also show a higher export share within total trade.
Agriculture
Abu Dhabi partnership aims to connect local farmers to Talabat’s digital sales channel
The ADAFSA agreement provides for training, product promotion and demand insights; the announcement gives no purchase volume, farmer-income outcome or timetable.
Agriculture
Saudi Arabia and KAUST launch the Namya agri-tech venture
The venture aims to take research to market; the 60 projects and value above SAR448 million refer to the wider partnership portfolio, not Namya alone.
Data includedAgriculture
FAO and Italy-backed rural food project in Jordan reaches 133 beneficiaries
The project supported infrastructure, training and market access for mushroom, medicinal-plant and honey value chains in three governorates.
Data includedAgriculture
UAE sets wider good-practice certification target for local farms
The national-products drive aims to expand farm certification and local sourcing in hospitality.
Data includedAgriculture
Saudi Arabia signs five deals for agricultural research and innovation
The agreements include cooperation with Tanmiah on poultry products, research and training.