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
Oman’s public sector reform risks brain drain By letting go of thousands of foreign experts, Oman risks losing the know-how central to achieving economic diversification. Oman
In latest spending cut, Oman not renewing majority of foreign consultant contracts Contracts will not be renewed for at least 70% of foreign experts and consultants working for the Omani government. Oman
Lebanon’s economic crisis is decimating its middle class The middle class in cash-strapped Lebanon is having a hard time making ends meet as salaries have been slashed and banks are imposing informal capital control, all compounded by the coronavirus-induced lockdown measures. Lebanon
Report: Etihad Airways faces debt restructuring or possible legal action The owners of the Emirati airline's debt submitted a restructuring proposal and are waiting to hear back. United Arab Emirates
Syrian government freezes assets of Assad cousin The move to seize the assets of the businessman is the latest in a dispute that began to heat up late last year. Syria
COVID-19 ravages Turkey’s vital clothing, textile industry Turkey’s clothing and textile sector, a vital source of employment and revenues, has become the worst-hit industrial branch in the coronavirus crisis, taking both domestic and external blows. Turkey
New banking regulations threaten press freedom in Turkey Recent measures seeking to limit damaging information on the financial system pose new threats to press freedom in Turkey. Turkey
Lebanese bank official arrested for alleged currency manipulation Lebanon's central bank denied the allegations; the Lebanese pound's value has decreased significantly amid the ongoing economic crisis. Lebanon
Gulf’s megaprojects face delays, reassessment Saudi Arabia has cut capital expenditure for a number of Vision 2030 projects amid a drop in oil prices and Chinese investment. Will other Gulf states follow suit? Saudi Arabia
Have taxes killed GCC economic integration? Saudi Arabia's recent decision to increase its value-added tax by 200% could spell the end of chances for regional economic integration and policy coordination. Saudi Arabia
Israel gives final go-ahead for cannabis exports Israeli Economy Minister Eli Cohen gives his final approval for the export of medical cannabis. Israel
Iran’s industry minister sacked amid crumbling economy In a surprise move, Iran’s president dismissed his minister of industry as the sector is increasingly plagued by US sanctions, untamed inflation and corruption. Iran
