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 imposes 130% tariff on grain imports The move follows a tariff on electric vehicles and comes ahead of Turkey’s crucial elections. Turkey
Analysis What role will Middle East play in Ukraine's post-war reconstruction? Since Russia invaded Ukraine in February 2022, there has been a raft of commitments from Western allies to help rebuild the war-torn state, but few from the Middle East. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
In UAE, Brazil’s Lula looks east for climate investments, peace brokering President Luiz Inácio Lula da Silva looks to exert Brazil's power in a geopolitical landscape that has significantly shifted since he last held office. Legacy: Gulf
UAE will not ‘jeopardize’ rules to attract Russian wealth: Trade minister The Emirates has been criticized for hosting companies engaged in sanctions-busting following the Russian invasion of Ukraine, but is making efforts to clean up its act. Legacy: Gulf
US, UK target Israeli-Russian oligarch Abramovich enablers with more sanctions The Western allies announced new sanctions against financial fixers for Roman Abramovich and fellow Russian oligarch Alisher Usmanov, for their financial support of and close ties to President Vladimir Putin. Israel
US targets firms in UAE, Turkey over Russia sanctions evasion The latest tranche of sanctions come as the Biden administration seeks to crack down on Russia’s financial facilitators. Turkey
Egypt denies report it planned to produce 40,000 rockets for Russia Moscow has also denied the claims that President Sisi ordered the military to secretly ship the rockets to Russia. Egypt
Sweden's NATO ratification likely to wait until after Turkey's elections As Finland becomes a NATO member, Sweden’s options are limited before the Turkish elections of May 14. Turkey
Russia's Lavrov in Turkey to discuss Syria, Caucasus, possible Putin visit Ankara is eager to see Lavrov's visit followed by Russian President Vladimir Putin's trip on April 27 to inaugurate Turkey's first nuclear power plant, built and financed by a subsidiary of Russia's nuclear energy firm Rosatom. Turkey
3 Syrians dead, 3 missing as Ukraine-bound ship sinks off Turkey's coast Rescuers are trying to reach three missing crew members of the Joe 2 ship, which had 14 crew on board. Turkey
Oil prices rise by 5% after OPEC's surprise output cut decision Brent Crude had its sharpest price increase in almost a year on Monday after reports that major oil producers will slash their output. Legacy: Gulf
UAE Central Bank revokes license of Russia's MTS Bank as sanctions tighten The Central Bank of the UAE plans to close the Russian bank’s operations within six months from the date of the decision. Legacy: Gulf
