China warns US not to interfere with Iran trade: What to know China's Foreign Ministry said Beijing was firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary measures” to safeguard its rights. Iran
Large UAE delegation set to arrive in Lebanon in major investment push A large Emirati delegation of around 70 business leaders and government officials is heading to Beirut, in the latest sign of thaw between the United Arab Emirates and Lebanon. Lebanon
France, Saudi Arabia announce more than $10B in deals on MBS visit Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris. Saudi Arabia
China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Dubai partnering with Singapore to improve public transportation Dubai and Abu Dhabi are also working to make their public transit systems more environmentally friendly, though oil is still a major part of the Emirati economy. United Arab Emirates
Egypt, Israel expand economic ties Cairo and Tel Aviv strengthen trade and economic cooperation and increase their export capacity under the protocol of the Qualified Industrial Zone. Egypt
Japan to help struggling Palestinian tourism industry A Japanese nonprofit is also supporting a female-run dairy farm in the Gaza Strip. Palestine
Tunisia's future darkens with dissolution of parliament Tunisia's president has taken a darker turn after unilaterally dissolving parliament and threatening to put elected deputies on trial. North Africa
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
Egypt cotton exports record high revenues despite Russia-Ukraine war Despite the Russian war on Ukraine and its negative repercussions on global trade, Egypt succeeded in exporting 50,000 tons, or up to 75%, of its cotton production this season. Egypt
Egypt turns to Suez Canal to boost revenues The waterway’s authority has announced significant increases in transit tolls in recent weeks that are expected to bring in much-needed additional resources to help Cairo navigate its economic challenges. Egypt
Turkey-Colombia trade doubles in 2021 Turkey has also sought good relations with Venezuela in South America. Turkey
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
Israeli business leaders expect surge in trade with Morocco Morocco hopes to replicate, and even exceed, Israel-UAE business ties. Israel
Oman's fiscal outlook improves as oil prices surge Efforts to put public finances on a healthy footing and tackle chronic budget deficits have started to pay off, facilitated by a sharp increase in oil prices, Oman’s main export. Legacy: Gulf
Egypt seeks to contain price hikes caused by Ukraine crisis Egypt is dealing with soaring prices of bread and food products. Egypt
