Yearender: Mideast economies hit by regional conflicts in 2024 as cooperation with China gains momentum

ISTANBUL, Dec. 24 (Xinhua) -- Amid the chaos of escalating conflicts in the Middle East in 2024, a complex economic landscape has emerged: While the warring nations grapple with crippling economic setbacks, oil-producing nations in the Gulf sustain steady growth, driven by rising oil prices and strategic economic transformation.

Most countries in the Middle East now recognize the importance of pursuing economic