Trump insists Middle East allies want to fight Hamas
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President Donald Trump’s son-in-law Jared Kushner spoke to CBS’ “60 Minutes" with U.S. Special Envoy Steve Witkoff about helping to negotiate the Gaza ceasefire deal.
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The International Monetary Fund, which raised its 2025 growth outlook for the Middle East and North Africa last week, has said that risks for the region are still tilted to the downside, despite a recent improvement in geopolitical tensions.
The U.S. has sent two top advisers and its vice-president to the Middle East as it scrambles to hold together an increasingly fragile ceasefire between Israel and Hamas.
Goldman Sachs Group Inc. is building out its wealth-management division in Saudi Arabia, as competition intensifies among Wall Street giants to tap into the Middle East’s largest economy.
Weapons makers Lockheed Martin and RTX predicted strong profits for the rest of this year on Tuesday as their results benefited from surging demand for arms from conflicts in the Middle East and a protracted Russia-Ukraine war.
The Middle East’s growing potential is also evident in new partnerships signed during President Trump’s trip to the region, including stronger defense industrial cooperation with the United Arab Emirates.
Egyptian imports of liquefied natural gas have surged over the past two years to become the biggest in the region, overtaking long-term buyer Kuwait.
Middle East stands at crossroads following Gaza ceasefire deal, with outcomes ranging from economic renaissance to Hamas regrouping and an Iranian resurgence.