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 Turkey is using the Hormuz crisis to promote Iraq- and Syria-based Gulf-Europe corridors, but experts say the routes remain too costly, underbuilt and politically fragile to rival maritime shipping. By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
UAE eyes first multifuel pipeline as Hormuz crisis drags on State-owned Abu Dhabi National Oil Company is considering building a refined oil products pipeline that bypasses the Strait of Hormuz. United Arab Emirates
Analysis Why Turkey sees opportunity in Hormuz crisis to boost Middle Corridor By Barin Kayaoglu In Ankara, reporting on geopolitics and national security
Analysis Pushed out of Sahel, Macron turns to Egypt and Africa's anglophone countries By Rina Bassist , Rosaleen Carroll
Economic meltdown revives forgotten occupations in Lebanon Occupations that disappeared over time, most notably that of cobbler and tailor, have been revived due to the decline in citizens’ purchasing power. Lebanon
Hamas plans to continue using cryptocurrencies for operations Israeli Defense Minister Benny Gantz signed an order to seize more than $800,000 on cryptocurrency on its way to Hamas, but a spokesperson for the movement said that the Israeli announcement was exaggerated. Palestine
Despite pandemic, Israeli high-tech industry soars The Israeli high-tech sector has thrived through the end of 2021, with Israeli unicorns making more money than ever before and entering the US stock exchanges. Israel
Suez Canal to establish sovereign wealth fund The Suez Canal Authority has unveiled a plan to establish a sovereign wealth fund to shield the canal from fluctuations in global trade and crises like COVID-19. Egypt
Lebanon and Iraq ink defense cooperation agreement Lebanese Defense Minister Maurice Sleem is in Iraq for an official visit. News Brief
Egyptian travel companies profit on Turkey visits due to falling lira Egyptian tourism companies are seeking to take advantage of the low exchange rate of the Turkish lira to promote their programs in Turkey even after the summer season is over. Egypt
Egyptians carry on tradition of entrusting savings to gold Many Egyptians see gold as the safest investment option for their savings, especially in times of economic uncertainty. Egypt
Economic meltdown in Lebanon leaves pets homeless In Lebanon's ongoing economic collapse, hundreds of cats and dogs are thrown into the streets every month. Lebanon
UAE top destination for tourists from India The UAE is looking to enhance its trade ties with India and recently sent a delegation to the country. News Brief
Gaza's few Christians lift economy Gaza’s very small Christian community has been a strong force for the economy. Palestine
UN secretary-general says Lebanese politicians ‘paralyze' country, demands ‘truth' about Beirut blast United Nations Secretary-General Antonio Guterres visited Lebanon to meet with the country’s leaders amid the economic crisis. News Brief
US-Palestinian economic ties resume after 5 years Palestinians have reluctantly agreed to give the economic track a chance after it became obvious that there was no movement expected on the political track. Palestine