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
In Egypt, economic heat of Russia's war in Ukraine is only getting worse Average Egyptians told Al-Monitor that everything from the price of tomatoes to bread is taking a toll on daily life and household decisions as country's economy reels under the heavy toll of the war in Ukraine. Egypt
NATO wants Israel to 're-examine' its aid to Ukraine NATO and Israel are closer than even before on the issue of the Iranian threat but not yet on the same page over assisting Ukraine. Israel
Finland lifts Turkey's arms embargo, is one step closer to NATO While Finland seems one step closer to NATO membership after Helsinki’s decision to resume defense sales to Turkey, Ankara’s anger at Sweden shows no signs of abating. Turkey
Algeria-Italy energy ties strengthen with emission reduction deal Italy’s Eni and Algeria’s Sonatrach pledged to work together on carbon capture, green hydrogen and more during Prime Minister Giorgia Meloni’s official visit to Algeria. The North African country is exporting more gas to Europe in response to the Ukraine war. North Africa
Iran leans on Russia, hopes for Sukhoi sale as EU pressure mounts Tehran is increasingly boosting its military ties with Moscow, hoping for Sukhoi sale, amid dim prospects for the revival of the nuclear deal and a wave of fresh sanctions over its crackdown on dissent at home. Iran
Breaking | Last Updated: January 20, 2023, 3:29 pm US to designate Russia’s Wagner Group as transnational criminal organization The Russian mercenary group has been accused of war crimes from Syria to Libya, the Central African Republic and Ukraine.
Russia to expand private militaries in broader Middle East amid staffing crisis As it wages a full-scale war in Ukraine, Russia wants to reform its army while being chronically short of security personnel, and increasingly dependent on mercenaries Russia
Ukraine and Turkey defense chiefs speak amid prisoner-swap reports The Turkish and Ukrainian defense chiefs have discussed the situation in Ukraine amid ongoing humanitarian talks between Russian and Ukrainian representatives in Turkey. Turkey
Ukrainian, Russian commissioners to meet in Turkey Ukrainian and Russian representatives will meet in Turkey this week for talks on humanitarian issues including a potential prisoner swap. Turkey
US sanctions Iran drone suppliers for arming Russia in Ukraine The Treasury Department announced designations on six executives and board members with Qods Aviation Industries. Iran
Erdogan presses for 'concrete steps' in Syria during call with Putin President Erdogan tells his Russian counterpart Putin that the Syrian government needs to be "constructive" for "concrete results" in Syria. Turkey
2022 in review: Reforms, Ukraine war drive boost in UAE’s real estate market Improved regulatory policies and diplomatic measures amid the Ukraine war have welcomed foreign direct investment and boosted the UAE real estate market in 2022 above the global average. Legacy: Gulf
