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
Analysis The Takeaway: Trump's revenge as Biden deal with Iran stymied by IRGC sanctions Russia backs Syrian attacks on opposition; Turkish inflation soars as result of Ukraine war; Iran-linked mob attacks Kurdish party offices in Iraq; new generation runs for election in Lebanon; Egypt rallies Africa climate consensus. By Andrew Parasiliti , Elizabeth Hagedorn
Egypt, Turkey consider coordination to boost tourism Tourism in both Egypt and Turkey has plummetted due to the Russian war on Ukraine. Egypt
Egyptian economy experiences 'sharp fall' from Ukraine war According a S&P Global, Egypt’s non-oil sector has taken a subtantial hit, and the government is focusing on wheat imports in particular. Egypt
Most of Israel's top leadership condemns war crimes in Bucha, Ukraine Israel’s foreign minister, defense minister and health minister have all condemned what they named war crimes in Bucha, Ukraine, but the prime minister is still treading lightly. Israel
Turkey inflation hits 61% as fallout from Ukraine war continues Consumer inflation has surged to a fresh two-decade high in Turkey as external headwinds spawned by Russia’s invasion of Ukraine add to the country’s own economic woes. Turkey
Israel takes global lead in fintech Effects of the war in Ukraine set aside, the Israeli fintech sector is expected to continue growing this year and attract more global investments. Israel
SWIFT cutoff leaves Egyptian students in Russia empty handed Russia's exclusion from global payments systems has prevented thousands of Egyptian students in the country from receiving money from their families back home. Egypt
Gaza’s poor, reconstruction projects victims of Russia-Ukraine war The Russia war on Ukraine took a toll on the Gaza Strip, where the vulnerable population is facing increasing hardships in securing basic necessities as a result of soaring prices, in addition to halting construction projects due to high prices of building materials. Palestine
Pandemic no longer Israeli tourism's top problem The Russian invasion of Ukraine, as well as China maintaining strict COVID-related travel regulations, could present obstacles to a tourism recovery in Israel. Israel
Ukraine war boosts Erdogan's 'new Atlanticism,' but for how long? Turkey’s westward focus may complicate, or complement, Ankara’s previous priority of Eurasia. Turkey
Analysis The Takeaway: Turkey thrust into spotlight amid Ukraine-Russia talks Turkey acts as mediator in the Russia-Ukraine crisis, Israel is on high alert after a wave of terrorist attacks, how drones are revolutionizing the battlefield, and more. By Elizabeth Hagedorn , Andrew Parasiliti , Joe Snell
Egypt looks to India as alternative wheat source to Ukraine Final talks are being held to send Indian wheat to Egypt, after Russia's invasion of Ukraine disrupted the global supply. Egypt