US Senate approves repeal of Caesar Act sanctions on Syria: What to know The 2019 Caesar Act imposed sweeping sanctions on Syria to hold the government accountable for human rights abuses committed during the country’s civil war. Syria
Saudi investment minister visits Morocco, Senegal on Africa trade drive Saudi Arabia has pledged more than $41 billion in investment in sub-Saharan Africa over the next decade. Saudi Arabia
Iran, Russia, Central Asia states ink Caspian Sea pact, plan naval drills The navies of Iran, Russia, Azerbaijan and Kazakhstan signed a comprehensive strategic cooperation agreement on Wednesday, aimed at strengthening security in the Caspian Sea basin as the four countries deepen their relations. Iran
World Bank ups Middle East 2025 economic outlook as oil, tourism rebound The lender expects gross domestic product growth in the region to average 2.8% this year, up from its April forecast of 2.6%. Iran
Here's how the latest US rate hike will impact Egypt's economy A stronger US dollar will inevitably drive higher import costs, and subsequently prices, in the most populous Arab country, yet could eventually provide a boost to the local currency with an increase in exports. Egypt
Iran uses cryptocurrency for import order After originally cracking down on cryptocurrencies, which have the potential to help evade sanctions, Iranian authorities later decided to authorize them for imports. Iran
Egypt creates independent fund for Suez Canal Egypt has established a new fund for the Suez Canal manage its own revenues independently. Egypt
Egypt-China ties strengthen with recent deals China is also getting closer to Saudi Arabia, Iran and other countries in the region, primarily through economic cooperation. Egypt
Russia-Ukraine war leaves Hamas in financial crisis The fragile Palestinian economy in the Gaza Strip has been largely affected by the Russian-Ukrainian war, which has caused price hikes and an increase in taxes. Palestine
Lavender ecotourism throws lifeline to rural Lebanese villages As Lebanon experiences a tourism hike this summer, rural villages and attractions hope to draw tourists away from the capital with the help of ecotourism companies. A day spent discovering lavender in the south is one example. Lebanon
Netanyahu slams Lapid over Israeli inflation spike Opposition head Benjamin Netanyahu believes the high cost of living is where he can turn Israeli citizens against Prime Minister Yair Lapid and his government. Israel
World Bank blames Lebanon for 'deliberate' economic crisis The World Bank accused Lebanon’s elites of conducting “Ponzi finance” and deliberately pursuing harmful fiscal policies. Meanwhile, the Beirut port has caught fire again. Lebanon
Israel's ultra-Orthodox entrepreneurs ignore internet taboos The leadership of the ultra-Orthodox communities in Israel are against the internet, but more and more ultra-Orthodox businesses find ways to be part of the digital arena. Israel
Lapid’s legacy to include better relations between Israel, Jordan First as foreign minister, and then as prime minister, Yair Lapid identified rehabilitating commercial and diplomatic ties with Jordan as top priority for Israel. Israel
Israeli army on alert after arrest of Islamic Jihad senior official The IDF has reopened some of the roads blocked off near Gaza, but soldiers remain ready for trouble. Israel
Sanctions impact Russian emigres in Israel needing pensions Finance Minister Avigdor Liberman tries helping older Israeli citizens who immigrated from Russia and depend on their modest Russian pension. Israel
