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
Turkish inflation nears 20% on rising food, energy costs While Turkey’s latest official inflation figures beat expectations, raising some concerns over data integrity, consumer prices are expected to keep rising amid growing global energy costs. Turkey
Iran’s plan to get rid of the subsidized exchange rate Iran's subsidized exchange rate has failed to prevent the downfall of the rial — and a move to do away with it could actually help the economy. Iran
World Bank approves loan to Egypt, praises government for growth during pandemic The loan accompanies various reforms, including actions to increase economic participation of women. News Brief
Mansour Abbas puts mark on Israeli development plan for Arab communities The coalition Ra’am party is proud of the approval by the government of a five-year plan for the economic development of Israeli Arab towns and villages. Israel
The Takeaway: Sudan’s fragile economic stability at risk after military takeover Saudi Arabia’s plan for “net-zero”; Turkey’s spy busts; Syria’s rebel factions; Egypt’s robot detention; fatwas on marital sex and bodybuilding; fishing for plastic in the Nile … all in about 1,500 words! Sudan
Protests break out in Syrian city controlled by jihadist faction Protests erupted in Idlib against the Syrian Salvation Government, affiliated with Hayat Tahrir al-Sham, amid high inflation and deteriorating living conditions. Syria
Greek foreign minister visits Oman Nikos Dendias will also head to Libya this week and recently participated in a summit with allies Cyprus and Egypt. News Brief
Israel announces 3,000 new Gaza work permits The additional work permits for Gazans follows several Israeli measures aimed at easing border restrictions. Israel
EU looks to boost Syrian businesses in Turkey Many Syrian refugees are working in Turkey without work permits, and the European Union is trying to support their small businesses. Syria
Tunisia’s political crisis forewarns economic collapse Economists are sounding the alarm about a possible economic collapse in Tunisia, urging for reforms to revive the economy that had been suffering since 2011 amid political instability. Tunisia
US to give $67 million to Lebanon’s military as violence erupts in Beirut The Lebanese army deployed in the streets of the capital after at least six people were shot dead during violent protests. Lebanon
Ankara looks other way as money flows to tax havens A Turkish law passed in 2006 to tackle money transfers to tax havens remains inapplicable on the ground due to Ankara’s failure to name the countries it considers as tax havens. Turkey
