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
UAE bans exports of India-sourced wheat, restricts others The Ministry of Economy said the decision was motivated by global supply chain disruptions as well as the recent trade agreement between the UAE and India. Legacy: Gulf
Israeli energy minister inks deal to export gas to Europe via Egypt Energy Minister Karine Elharrar hailed the signature this morning of a trilateral memorandum of understanding between Israel, Egypt and the European Union on the export of natural gas as a historic event. Israel
Iran's labor minister resigns as economic protests grow The first high-profile resignation in President Ebrahim Raisi's government comes as he scrambles to soothe public fury over unprecedented rising living costs. Iran
Maritime dispute with Lebanon threatens Israeli natural gas drilling Israel hopes that a solution can be found to the maritime border dispute with Lebanon so Energean can start drilling in the Karish field in the third quarter of 2022. Israel
Egypt to invest in gold, mineral mining Egypt is working to increase the exploration of gold and minerals in the Eastern Desert with the aim of attracting investments in the mining sector. Egypt
Egypt looks to India for wheat to make up losses from Ukraine war A potential deal between Egypt and India to import 500,000 tons of Indian wheat in exchange for Egyptian fertilizers is in the works amid ongoing global wheat shortages. Egypt
African Union chief says Israel has role to play in Africa Participating at the OECD Africa Forum, African Union Chief and President of Senegal Macky Sall acknowledged Israel’s engagement in Africa, especially on the backdrop of the crisis generated by the Ukraine war. Israel
After IAEA criticizes Iran, Israeli prime minister meets with Emirati leader Prime Minister Naftali Bennett made a quick visit to the Emirates, where he met privately with Emirati President Sheikh Mohammed bin Zayed. Israel
Liberia, Suriname pledge to open offices in Jerusalem The announcements come as Israel seeks to reinforce and expand its relationships in Africa. Israel
Retirees join Iran protests over economic grievances The rallies were sparked by unprecedented rising prices across the food sector under President Ebrahim Raisi's economic policies. Iran
Saudi Arabia, Cyprus set up joint business council Cyprus has important relationships with several Middle Eastern states, including Egypt. Legacy: Gulf
Pakistan’s new premier looks to Turkey for political, economic boost Shahbaz Sharif, who needs international economic and political support to stabilize his coalition government, is busy making deals with Ankara. Turkey
