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
Ukraine complains of Israeli holdup on defensive gear Addressing the press today, Ukraine's ambassador to Israel complained that Israel refuses to greenlight the transfer of sophisticated anti-tank systems from Germany despite US approval. Israel
Egypt asks World Bank for $500 million to buy wheat Egypt is asking the World Bank for $500 million to cover its wheat needs in light of the ongoing war in Ukraine. Egypt
Ukraine, Syria top Lavrov's agenda in Turkey Russian Foreign Minister Sergey Lavrov arrives in Ankara on June 8. Russia
Polish president visits Egypt for the first time in decades The Polish president visited Egypt recently in the first such visit since 1992, which comes as the Russian war on Ukraine rages on. Egypt
Could Turkey-Israel rapprochement lead to gas agreement? The Cyprus conflict stands as a major stumbling block before potential plans to carry Israeli gas to Europe via Turkey. Turkey
Blinken says US fighter jet sales to Turkey 'separate' from NATO demands NATO chief Jens Stoltenberg said he will meet with Turkish, Swedish and Finnish officials to discuss Ankara's demands. Turkey
Israeli companies offer solutions for global wheat crisis Israeli agritech companies are finding solutions for the growing global wheat crisis and others. Israel
How interest rate hikes affect Egypt’s economy The central bank may raise rates further by 100 to 200 basis points in 2022 to be in line with tightening global monetary policies. Yields on T-bills are set to rise. Egypt
Egypt to receive wheat shipments from Ukraine by rail from Poland Cairo agreed with Kyiv on four wheat cargoes, which will reach Egypt by rail to Poland, raising hopes of restoring food security. Egypt
Turkey's NATO obstinance threatens more than Nordic membership From the vantage point of the West, giving in to Ankara’s demands from Finland and Sweden amounts to letting an autocrat design the security architecture of Europe. Turkey
Turkey threatens new Syria incursion amid NATO debate Erdogan ups the ante as NATO allies offer cool response to Ankara’s demands over Sweden, Finland membership. Turkey
Analysis OPINION: Five post-Ukraine Mideast realities Biden's team must consider The seismic impact of Russia's invasion of Ukraine requires Washington to reconsider its role not just in Europe, but in the Middle East as well. By James F. Jeffrey
