Hong Kong exchange expands Gulf presence with new Dubai commodities arm The emirate has positioned itself as a global commodities trading hub, with the UAE ranking second globally after the US in last year’s Commodity Trade Index. United Arab Emirates
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
Half a million children in Lebanon still 'struggling to survive' after Beirut blast A new report from Save the Children found the families of 564,000 children can't afford sufficient food and other basic goods. Lebanon
Affordable housing for Jaffa’s Arab residents: too little, too late With the prices of houses skyrocketing in the center of Israel, even projects designed for the low-income Arab population of Jaffa have become too expensive for them. Israel
The Takeaway: The roots of Tunisia’s political crisis are economic Also: United States, Iraq stay focused on Islamic State; Gulf eyes solar energy; Russia’s Syria policy puzzles Israel; Afghan refugees trigger backlash in Turkey; Erdogan puts spotlight on Cyprus ghost town. Tunisia
France to host Lebanon aid conference as political crisis deepens French President Emmanuel Macron will host the Aug. 4 conference, which comes a year after the devastating blast at Beirut's port. Lebanon
Hariri steps down as prime minister-designate after dispute with president Lebanon has been without a government for nearly a year as the economic crisis in the country worsens. By Al-Monitor Staff
Iran presses for visa waiver from Iraq Iranian authorities continue to pressure the Iraqi government into waiving its travel visa between the two countries. Iraq
Report reveals heavy impact of COVID-19 on Israeli Arabs A new report quantifies disparities in how the coronavirus crisis has affected Israel's Arab population. Israel
Saudi Arabia’s race for Gulf economic leadership takes to the sky The kingdom diversification plan goes head-to-head with flag carriers Emirates and Qatar Airways, as intra-Gulf economic rivalries heat up on all fronts. Legacy: Gulf
What does Saudi ban on Syrian produce mean for Assad’s government? The kingdom's decision to ban the import of produce from the government-held areas is viewed as a sign that the kingdom has not changed its position toward the Syrian government. Syria
Suez Canal announces record $5.84B revenue after container ship jam Osama Rabie, head of the Suez Canal Authority, said canal revenues were up 2% from the prior tax year. Egypt
Lebanon implements ration card program as economic crisis worsens The Lebanese parliament approved a law to fund ration cards for the most vulnerable families, while ending subsidies. Lebanon
King Abdullah to be first Arab head of state to meet with Biden King Abdullah will visit Washington for the first time in two years and is to meet with US President Joe Biden on July 19. Jordan