Saudi Arabia lifts 5-year ban on Lebanon imports: What to know Saudi Arabia had been a main donor for Lebanon before ties strained during Hezbollah’s rising influence in the country. Lebanon
Suez Canal traffic soars as Hormuz disruptions reroute energy trade The canal generated $419 million in revenue in April, up 27% year over year. Egypt
Syria says Iraqi oil shipments surge as Damascus courts foreign energy investment Speaking at the Atlantic Council Global Energy Forum in Washington on Tuesday, Syrian Petroleum Company CEO Yousef Qiblawy said Iraq's overland oil exports through Syria have expanded rapidly in recent months. Syria
Explainer Saudi Arabia, Turkey advance plans to revive historic Hejaz Railway Turkish and Saudi officials signed agreements as part of a Turkish push to revive the Hejaz Railway linking Turkey to the Gulf through Syria, Jordan and Saudi Arabia. Turkey
Analysis Turkey pushes Iraq, Syria trade routes as Hormuz crisis disrupts Gulf shipping By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Iranian National Oil Company opens office in Iraq Tehran expands its economic and political influence in Iraq via its National Iranian Oil Company. Iraq
PA wants to break free from reliance on Israeli electricity Jordan and the Palestinian Authority are about to sign an agreement under which the kingdom would supply electricity to the West Bank. Palestine
Istanbul election rerun brings Turkey fresh economic turmoil The cancellation of the opposition victory in the mayoral race in Istanbul has raised the specter of more trouble for the Turkish economy, which is already grappling with recession and currency-related tumult. Turkey
Egypt’s private sector to revamp 150 historic buildings in Cairo The Egyptian government is drawing up a plan to turn over historic buildings to the public sector to help refurbish them and rent them out Egypt
Will Gaza contractors be able to resolve their crisis? The losses incurred in the construction sector in the Gaza Strip since 2007 have prompted the Palestinian Contractors Union to plan a September exhibition with the goal of promoting this sector; success in this endeavor, however, may hinge on the Palestinian Authority. Palestine
Boys' rescue from forest provides bright spot for Turks The rescue of two boys, ages 4 and 5, from a forest brought a modicum of hope the day after May Day to Turkish union members and others who have seen their buying power dwindle and are still seeing the nation's governing party trying to reverse the results of the March 31 Istanbul mayor election. Turkey
Intel: How Russia and Turkey are growing closer at US expense The April 30 phone call between Russian President Vladimir Putin and Turkish President Recep Tayyip Erdogan covered a broad range of topics, from trade to military cooperation to Syria, as the two countries continue to grow closer amid US-Turkey tensions. Syria
Russia consolidating its position in Iraq amid anti-Iran sanctions Russian and Iraqi officials convened in Baghdad for another bilateral commission session to discuss energy and security cooperation amid US anti-Iran sanctions. Iraq
Gaza’s Justice Ministry has a new delivery service For the first time, judicial notification and papers in Gaza will be delivered by a private company. Palestine
High cost of death haunts Egyptians The high cost of living in Egypt has extended to dying, and burial has gotten too expensive for the poor. Egypt
Iranian hard-liners leverage IRGC terrorist designation to kill FATF bills The US designation of the IRGC as a foreign terrorist organization has empowered Iranian hard-liners seeking to halt the passage of bills that would have Iran meet international standards for combating money laundering and terrorism financing. United States
Shtayyeh government to focus on economy of resistance New Prime Minister Mohammed Shtayyeh is trying to connect with the Palestinian people to prepare them for austerity measures to withstand the economic pressure being exerted by Israel and the United States. Palestine
