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
US Treasury sanctions Hezbollah financial network in Lebanon A US Treasury official says the department is targeting Hezbollah's "misuse of the international financial system" to raise funds for terrorism. Lebanon
Putin, Raisi look to boost trade, regional cooperation in Moscow talks Ebrahim Raisi's trip to Moscow is unlikely to further elevate relations between the two countries. Russia
Crimean, Syrian ports sign cooperation agreements A Syrian government delegation visited the Russian-backed breakaway republic this week. News Brief
US sanctions Hezbollah's alleged financial facilitators in Lebanon The US Treasury Department designated Adel Diab, Ali Mohamad Daoun and Jihad Salem Alame as well as their travel company. Lebanon
Lebanese minister seeks economic boost with Iraq visit George Boushekian visited Baghdad this week to seek cooperation with his Iraqi counterparts and facilitate business deals between Iraqi and Lebanese entities amid Lebanon's economic crisis. News Brief
US alleviates Lebanon's sanctions concerns over energy deal US Ambassador to Lebanon Dorothy Shea provided a Treasury Department letter that addressed concerns over the energy plan's potential to violate sanctions on Syria. Lebanon
Qatar International Islamic Bank retains A credit rating from Moody's The leading Islamic bank’s head said the rating reflects its ability to withstand the COVID-19 pandemic. News Brief
The Takeaway: Iraq takes first steps toward new government: What comes next Updates from our regional correspondents on Turkey, Kazakhstan and Saudi Arabia, Oman, and Egypt; multimedia on Israel and Iran — all in about 1,000 words. Iraq
Israel pledges to keep US in loop on trade with China In the face of growing American concerns, Jerusalem has reportedly promised Washington it will keep it abreast of any major business deals with Beijing. Israel
As omicron spreads, Israelis turn against Bennett Many Israelis feel that the government and Prime Minister Naftali Bennett have lost control over battling the spread of the coronavirus omicron variant. Israel
Syria joins China’s Belt and Road Initiative The admission of Syria into the Chinese economic project is the latest sign of strengthening relations between Damascus and Beijing. News Brief
Economic meltdown revives forgotten occupations in Lebanon Occupations that disappeared over time, most notably that of cobbler and tailor, have been revived due to the decline in citizens’ purchasing power. Lebanon
