Turkey ‘grey listed’ by FATF for failure to combat terrorist financing

The announcement saw the Turkish Lira tumble one percent to a fresh record low

The US holds Iraq hostage with the dollar

Since 2003, Iraq is required to send all its oil revenues to a single US bank account. Washington is now weaponizing Baghdad's own dollars against Iraq, by devaluing its currency and hindering payments.

UAE to disburse $817 million in housing support for citizens

The UAE president earlier waived off over $146 million of debts for 1,214 Emirati citizens

Pakistan’s delicate balancing act between China and the US

Islamabad’s tilt towards Beijing comes as traditional partner, the US looks to grow ties with rival India.

Data leak exposes money laundering scheme in Dubai’s real estate market: Report

Earlier this year, the UAE was placed on a list of countries subject to increased monitoring due to rampant money laundering activities

In snub to Washington, UAE reaches out to Russia

Washington's geopolitical cards are dwindling rapidly. The high-level UAE visit to Moscow this week has consolidated OPEC+ support for Russia in the energy war now raging between east and west.

Global financial crimes watchdog adds UAE to list of money laundering hot spots

The financial watchdog has accused Emirati authorities of not doing enough to combat widespread money laundering activities

Iran has joined the SCO, now it needs to turbo-boost its economy

With Iran's full accession to the Shanghai Cooperation Organization (SCO) complete, Tehran now needs to wrangle big trade deals with its new regional friends to offset US sanctions against its beleaguered economy.