China-GCC Free Trade Deal Nears Finalization After High-Level Talks
China and Gulf nations signal potential breakthrough in 21-year free trade negotiations following high-level diplomatic meetings, with bilateral trade reaching $180 billion in 2020.
Middle East Economy
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Fitch Lowers Israel’s Credit Rating Amid Gaza Conflict
Fitch downgrades Israel’s rating from A+ to A, citing the Gaza conflict’s impact on the economy, increased military spending, and higher geopolitical risks.