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
Shared airspace helps Egypt, Russia gain common ground Tourism and joint development projects should get a boost from recently resumed flights between Cairo and Moscow. Egypt
Will Iran’s banking sector collapse? While Iran is certainly on the brink of a major banking crisis, the likely outcome won’t be financial collapse but rather a restructuring of banks. Iran
Curbing inflation tops Sisi’s list of economic priorities With Egyptian President Abdel Fattah al-Sisi securing a second term, many economists are still wondering how to deal with inflation and soaring prices, while questioning the future of the armed forces' participation in the economy. Egypt
Tunisian president denies plan to dismiss PM A spokeswoman for Tunisian President Beji Caid Essebsi has dismissed claims that the head of state intends to fire the prime minister as politically baseless. Tunisia
Iranian banking reforms gain steam after long delay Progress on major banking reforms in Iran finally moves in the right direction after years of stalling. Iran
Turkey’s controversial wealth fund stumbles badly since hasty creation Turkey’s sovereign wealth fund, which holds key public assets worth $160 billion, has stumbled badly since its hasty creation in 2016. Turkey
Egypt planning slew of IPOs to boost 2018-19 budget Listing 23 Egyptian state-owned companies on the stock exchange is among several steps that the recently announced state budget will rely on to achieve a 5.8% growth rate in the next fiscal year. Egypt
What's behind Iran's massive capital flight? While a large amount of hard currency has left Iran in the years since the implementation of the nuclear deal, the picture is more complex than a simple case of investors rushing to move their capital outside the country. Iran
Iran MPs call on Central Bank governor to resign as rial plummets Iranian President Hassan Rouhani and Central Bank Gov. Valiollah Seif have come under heavy fire over the sudden devaluation of the rial. Iran
Turkey to lower price of citizenship for foreign investors Disappointed by the impact of a citizenship incentive offered to foreign homebuyers last year, Ankara is expected to lower the bar from $1 million to $300,000. Turkey
Iran raises minimum wage in concession to workers Iranian laborers are set to receive an almost 20% increase in the minimum wage in a concession from the authorities. Iran
What's really driving currency depreciation in Iran? Rather than an indicator of a poor economy, the devaluation of the Iranian currency is the result of investment behavior, and what we are witnessing now looks more like a bubble. Iran
