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
Pakistan’s new premier looks to Turkey for political, economic boost Shahbaz Sharif, who needs international economic and political support to stabilize his coalition government, is busy making deals with Ankara. Turkey
With free trade agreement, Israel hopes to triple trade with Emirates Israel and the United Arab Emirates already established a large scope of bilateral trade, but officials and businesspeople on both sides are persuaded that this is only the beginning. Israel
Israelis begin doing deals in Saudi Arabia Following a change in Saudi Arabia’s entry requirements, dozens of Israeli businesspeople arrived recently to Riyadh and even closed deals there. Israel
Culture Lebanon’s economic crisis threatens education sector Lebanon’s education sector, once prized throughout the Middle East as a regional leader, has been witnessing an irreversible mass exodus with hundreds of professionals in the teaching sector leaving. Lebanon
Abraham Accords accelerate Israel-Africa rapprochement Israeli and African diplomats are engaged in expanding bilateral relations and taking them much further then ever before in many fields. Israel
Israel interest rates to continue upward trend Battling growing inflation, the Bank of Israel has significantly raised the country’s interest rates twice in recent weeks. Israel
Hamas imposes new taxes on products imported from West Bank Hamas' Ministry of Finance in the Gaza Strip is imposing a new tax on imported West Bank products, which will add to the hike in prices amid a devastated economy due to the Israeli siege and repeated Israeli wars. Palestine
NFTs get Egyptian women out of debtor's prison An organization that offers help to poor Egyptian women persecuted by the law has partnered with a creative collective in Dubai to raise donations and awareness, especially outside the country, using non-fungible tokens. Egypt
Israel-UAE economic relations grow further with free trade agreement A variety of economic, cultural and energy-related deals preceded the free trade agreement signed in Dubai today. Israel
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
Abu Dhabi special acquisition firm begins trading on stock exchange The ADC Acquisition Corporation is listed on the Abu Dhabi stock exchange to raise funds for the Emirati sovereign wealth fund ADQ and Abu Dhabi's Chimera Investment. Legacy: Gulf
