DUBAI, Oct 22 (Reuters) - The IMF on Thursday forecast a sharp drop in economic output in the Middle East, North Africa and Pakistan this year due to the US-Israeli-led war against Iran, followed by a rebound to 6.

Tarik Bin Hendi, CEO of Botim discusses the shifting dynamics of funding in the Middle East. He explains why fewer, bigger bets actually signal a healthy, maturing tech ecosystem.

Oil shipments from the Middle East are showing little sign of buckling in the face of Iran’s more frequent and damaging attacks on merchant ships in the region.

The drawdowns are in response to ongoing threats in the region, sources say, and are taking place as President Trump weighs new military action in Iran.

The Middle East is an increasingly important market for global steel, underpinned by nearly $2 trillion in infrastructure and industrial projects and a market forecast to grow from $44 billion in 2026 to $60 billion by 2031.

Barclays Plc is continuing with plans to expand in Saudi Arabia and the wider Middle East, keeping its “constructive” view on the region, according to the bank’s Asia-Pacific Chief Executive Officer Jaideep Khanna.

The U.S. military has been quietly reducing its footprint at posts in the Middle East due to ongoing regional threats from the Iran-backed Houthis and direct threats from Iran, sources tell CBS News.

Robinhood Markets has received approval from the Dubai Financial Services Authority (DFSA) to offer its investing app in the Middle East, the company said today (Thursday).

"Netanyahu’s map is far more revealing than he probably intended," Middle East expert Andres Krieg, told Newsweek.

Innovo Roads Infrastructure & Marine Works joins the 22nd edition of the awards as the industry comes together to recognise excellence across construction, infrastructure and leadership

Iran says the U.S. is seeking changes to a seven-day ceasefire proposal Trump rejected last month as indirect talks continue.