Bahrain, one of the oil-rich Gulf’s most vulnerable economies, will focus on “stringent cost controls” as it seeks to cut its budget deficit and reduce interest costs while using investment to stimulate growth, the country’s finance minister said.

Saudi Arabia is bolstering efforts to shore up the economy of a fellow Arab monarchy with a 500 million-dinar ($705 million) joint investment in Jordan.

Pakistan is close to a deal with the International Monetary Fund after nation’s Prime Minister Imran Khan pledged to carry out deep structural reforms of an economy that’s staring at a balance-of-payment crisis.

A day earlier, Prime Minister Imran Khan met IMF chief Christine Lagarde in Dubai to discuss a bailout, and the country’s foreign currency reserves have dwindled to around $8 billion, just enough to cover about two months of imports

Emerging-market stocks halted a six-week rally last week amid concern over the outlook for U.S.-China trade talks and a global economic slowdown. The reduced appetite for risk also sent currencies down.

Deutsche Bank AG aims to rebuild in the Middle East after years of cost cutting and has hired executives to help win debt and advisory deals.