Egypt’s Sisi, Putin meet as Russia steps up Africa push: What to know Wednesday’s meeting comes on the sidelines of the third Russia-Africa Summit, a two-day gathering in Moscow bringing together African leaders and officials. Egypt
Canada, UAE sign trade pact as Ottawa seeks to diversify beyond US The agreement is set to broadly lift tariffs on key products as Canadian officials hope to boost bilateral trade to $7 billion within a decade. United Arab Emirates
Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks The Future Investment Initiative, which typically attracts the CEOs of some of the biggest companies in business, finance, and technology to Riyadh, will now be held next year. Saudi Arabia
Analysis How Hormuz crisis is reshaping economic ties between Iraq and Syria By Shelly Kittleson In Baghdad, reporting on Iraqi politics
Lebanese brace for lifting of subsidies as conditions deteriorate As Lebanon suffers from its worst economic crisis in decades, the Lebanese are growing concerned as the central bank warns that its reserves will soon be depleted, forcing it to lift subsidies off basic commodities. Lebanon
Inflation rises in Turkey as lira falls for ninth consecutive day Turkey’s lira hit new lows Tuesday, becoming the worst-performing emerging market currency of the year following a rise in inflation last month. Turkey
Egypt, Ukraine discuss cooperation in furniture industry Egypt and Ukraine step up cooperation in the furniture industry, as both countries eye new markets in Africa and Eastern Europe. Originals
Egypt-Sudan eye cross border railway network Railway discussions follow increased engagement and coordination over Egyptian dispute with Ethiopia over Grand Ethiopian Renaissance Dam. Egypt
Egypt looks to South Korea to revitalize small businesses Egypt has moved to cooperate with South Korea to develop its small and medium-sized enterprises sector, which is the main pillar of sustainable development and a key to creating jobs for the country’s youth. Originals
Al-Azhar, Egyptian observers and activists divided over boycotting French products Egypt’s Al-Azhar, along with social media activists from Egypt and the Arab world, launched harsh campaigns against the French government for supporting the cartoons that offended the Prophet Muhammad. Egypt
Erdogan’s economic policies show growing disconnect from working class Turkish President Recep Tayyip Erdogan aims for social justice by distributing the loot to his favorite powerful elites at the expense of hardworking blue- and white-collar professionals. Turkey
Turkish lira slump continues as foreign tensions simmer The Turkish lira continued record losses Tuesday against major currencies as analysts questioned Central Bank independence and Ankara saw political spats deepen with foreign allies. Turkey
Egypt swoops in Saudi markets amid boycott of Turkish products Egypt is trying to substitute Turkish products with Egyptian products in Saudi Arabia, in an attempt to exploit the popular boycott campaign launched by the Saudis against Turkish products in light of the Turkish-Saudi tensions. Originals
Can Gulf states adopt universal basic income? Existing social welfare systems have insulated Gulf nationals from changing economic realities and the likelihood of a major global energy transition in the coming decades. Legacy: Gulf
Misfiring trade policies could lead Iran to deeper trade deficit Iran is working to develop non-oil exports in the face of US sanctions, but the country's trade policies are in dire need of reform before real progress will be feasible. United States
Middle East’s chronic woes exacerbate COVID impact, IMF says Also: Israelis back Trump, Palestinians (kind of) tilt toward Biden. Regional
