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
With free trade agreement, Israel hopes to triple trade with Emirates Israel and the United Arab Emirates already established a large scope of bilateral trade, but officials and businesspeople on both sides are persuaded that this is only the beginning. Israel
Israelis begin doing deals in Saudi Arabia Following a change in Saudi Arabia’s entry requirements, dozens of Israeli businesspeople arrived recently to Riyadh and even closed deals there. Israel
Culture Lebanon’s economic crisis threatens education sector Lebanon’s education sector, once prized throughout the Middle East as a regional leader, has been witnessing an irreversible mass exodus with hundreds of professionals in the teaching sector leaving. Lebanon
Abraham Accords accelerate Israel-Africa rapprochement Israeli and African diplomats are engaged in expanding bilateral relations and taking them much further then ever before in many fields. Israel
Israel interest rates to continue upward trend Battling growing inflation, the Bank of Israel has significantly raised the country’s interest rates twice in recent weeks. Israel
Hamas imposes new taxes on products imported from West Bank Hamas' Ministry of Finance in the Gaza Strip is imposing a new tax on imported West Bank products, which will add to the hike in prices amid a devastated economy due to the Israeli siege and repeated Israeli wars. Palestine
NFTs get Egyptian women out of debtor's prison An organization that offers help to poor Egyptian women persecuted by the law has partnered with a creative collective in Dubai to raise donations and awareness, especially outside the country, using non-fungible tokens. Egypt
Israel-UAE economic relations grow further with free trade agreement A variety of economic, cultural and energy-related deals preceded the free trade agreement signed in Dubai today. Israel
Israeli companies offer solutions for global wheat crisis Israeli agritech companies are finding solutions for the growing global wheat crisis and others. Israel
How interest rate hikes affect Egypt’s economy The central bank may raise rates further by 100 to 200 basis points in 2022 to be in line with tightening global monetary policies. Yields on T-bills are set to rise. Egypt
Abu Dhabi special acquisition firm begins trading on stock exchange The ADC Acquisition Corporation is listed on the Abu Dhabi stock exchange to raise funds for the Emirati sovereign wealth fund ADQ and Abu Dhabi's Chimera Investment. Legacy: Gulf
Israel seeks to double trade with Egypt The visit to Egypt of the Israeli Firqat Alnoor Orchestra reflects a clear trend in the past year and a half of cultural, environmental and economic ties warming up between the two countries. Israel
