Analysis What UAE’s $3.45B pullback from Pakistan signals about Abu Dhabi's priorities As Abu Dhabi pulls back long-rolled deposits while investing selectively, Pakistan faces an era of more conditional Gulf support tied to strategic alignment. By Sabena Siddiqui In Karachi, reporting on South Asia, Middle East, Iran
Analysis MENA wheat importers face food security risks as Hormuz crisis festers Home to many of the world's largest wheat importers, the Middle East and North Africa face acute food security risks as the US-Israel-Iran war disrupts global fertilizer flows and pushes up prices. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Israel rejects Ukraine's claim that Russian shadow fleet vessel docked in Haifa Ukraine alleges the vessel unloaded wheat taken from occupied territories in Haifa, while Israel says ship had not entered the port. Israel
UAE’s cash request tests US ties as Iran war strains Gulf financial muscle Amid growing economic fallout from the regional war, Abu Dhabi’s bombshell request for a war-time financial lifeline from the United States is less about cash and more about clout — for now. United Arab Emirates
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
Intel: Biden dispatches US senators to forge further ties with Sudan Two US senators met with Sudan’s interim leaders in Khartoum on Tuesday as the Biden administration seeks to forge lasting ties with the new government. Washington Pulse
Saudi Arabia buys into e-commerce A crown prince bent on modernization, young and tech-savvy consumers, and a global pandemic are transforming commerce in the desert kingdom. DONT USE - Gulf Pulse
French FM says some Lebanese politicians banned from France over failure to form government Lebanon has been without a Cabinet since last year, and France does not want to provide the country much-needed aid until economic reforms are implemented. News Brief
Egypt seeks foothold in Libya’s reconstruction Egypt and Libya agreed to have Egyptian workers return to the Libyan labor market at a time when Cairo seeks to contribute to the reconstruction of war-torn Libya. Egypt
Egypt, Sudan seek greater cooperation in agriculture, food industries Egypt and Sudan agreed to establish an Egyptian-Sudanese joint stock company on agricultural and animal production and food industries, as they face a threat of shortage of Nile water amid the faltering negotiations on Ethiopia’s controversial Nile dam. Egypt
Iraqi, Syrian oil ministers discuss gas imports The Iraqi and Syrian oil ministers talked about the possibility of transporting Egyptian gas to Iraq through Syria during a meeting in Baghdad. News Brief
As Iran looks to boost production, major political barriers remain Iran’s leaders have put a renewed focus on increasing domestic production, yet to achieve this goal there must be political stability and sincere efforts to push back on corruption. Iran
Egypt promotes economic ties with Sudan Egypt is increasingly seeking to support the Sudanese economy through infrastructure development and the implementation of many industrial and commercial projects. Egypt
Saudi Arabia bans Lebanese produce over drug smuggling concerns The Lebanese Foreign Ministry called on authorities to do more to stop smuggling in response. News Brief
Is opening of Jordanian-Syrian crossing politically motivated? Jordan reopened the Naseeb-Jaber crossing with Syria to restore trade movement, although some do not see any economic benefits for the Syrian government. Syria
JP Morgan listing boosts Egypt’s access to debt markets JP Morgan placed Egypt on its Index Watch Positive on April 9, meaning the North African country should be relisted on JP Morgan’s Government Bond Index Emerging Markets within six months. Egypt
Russia, Iran again promote alternative to Suez Canal Russia and Iran are back to promoting the International North-South Transport Corridor as an alternative future option to the Suez Canal after a giant container ship went aground in the canal last month, disrupting global trade traffic for a week. Egypt
