UAE, Russia host first joint business forum despite Ukraine war sanctions Trade between the two countries is projected to exceed $10 billion in 2025. United Arab Emirates
Analysis Russian leak signals Su-35s for Iran moving to production: What to know Recently leaked documents suggest 16 fighters are already on Russian assembly lines, with deliveries slated through 2027. For Tehran, it would be the first meaningful fighter upgrade in decades. By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
Iran rial hits record low 1.13M to dollar as UN snapback sanctions resume: What to know The sanctions, which were trigged by the three European signatories to the nuclear deal, will not hinder Iranian oil exports to China, an official said. Iran
From F-35s to Ukraine: Erdogan-Trump talks signal reset, but sanctions obstacles remain The summit underscored both leaders’ personal chemistry while highlighting the limits of what the partnership can deliver. Turkey
Analysis As Trump plays Russia oil sanctions gambit, will Middle East profit or pay? By Samuel Wendel In Washington, DC, reporting on regional business and tech
Turkey lashes out at US over warship anchored in Cyprus The island remains ethnically divided between Turkish- and Greek-Cypriots since Turkey’s military intervention in 1974 in response to a Greek military coup. Turkey
Erdogan thanks 'dear friend' Putin as Turkey extends Russia-Ukraine grain deal The extension came as Erdogan prepares to face his rival in the presidential runoff election on May 28. Turkey
Iran hosts Russian navy chief, seeks to boost China triangle Russian and Iranian commanders discussed forming joint committees tasked with deepening cooperation as sanctions-hit Tehran continues to lean on Moscow. Iran
White House previews new moves against Iran's drone transfers to Russia Iran has sent more than 400 armed drones to Russia since August and is seeking billions of dollars worth of military equipment in return, a White House official said Monday. Iran
Analysis Israeli officials visited Russia, discussed Iran on rare trip Israel is trying to have it both ways by increasing its assistance to Ukraine while preserving its security ties with Russia. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Analysis Saudi Aramco, high-value IPOs face impending pressure in 2023 The United Arab Emirates saw the world’s largest IPO of first quarter 2023, with ADNOC Gas PLC raising $2.5 billion on the Abu Dhabi Securities Exchange. By Salim A. Essaid
Turkey Elections: Kilicdaroglu outreach to US, NATO hindered by Russia ties Even if victory for the opposition reinvigorates Turkey’s relations with NATO, analysts say there’s no chance Ankara will break off ties with Russia. Turkey
Bahrain FM Zayani takes shelter during Ukraine visit amid Russia's bombing A senior diplomatic source told Al-Monitor that Zayani “experienced the shelter life” in Kyiv on Wednesday and Thursday nights, a reference to the bomb shelters used by Ukraine to protect from Russian bombing. Legacy: Gulf
Turkey says Russia agreed to delay gas payment ahead of elections The deal marks another economic boon from Moscow to Ankara ahead of Turkey's fateful elections. Turkey
Israel tests missile warning system ahead of deployment to Ukraine Signaling its support of Ukraine, Israel started testing in Kyiv a missile-warning system to protect the population against Russian attacks. Israel
Turkey inks $321 million deal with Romania for Bayraktar military drones Ukraine has had considerable success using the drone against Russia since Moscow's invasion last year. Turkey
Iran blacklists EU, UK officials as it ups armed support for Russia Iran's tit-for-tat measure marked the latest episode in its tensions with Western adversaries and coincided with fresh allegations of its military assistance to Russia in the war against Ukraine. Iran
