Iran stops taxing foreign currency imports amid liquidity crunch The Central Bank of Iran has a shortage of foreign currency and the United States is seeking to stop the flow of dollars into the country. Iran
Breaking | Last Updated: May 15, 2023, 1:44 pm New US sanctions target Iran’s drone supply to Russia The targets include eight senior executives of an Iran-based firm involved in the manufacture of drones used by the Islamic Revolutionary Guard Corps. Iran
JPMorgan warns about investment risk in Israel The major US investment firm is concerned about the government’s judicial reform efforts contributing to domestic volatility. Israel
Ankara lashes out at US envoy over security alerts: 'Get your filthy hands off Turkey' Turkey’s rhetoric against Washington and several European capitals grows more belligerent, with the interior minister calling out the American ambassador. Turkey
Trilateral Biden-Abdullah-Sudani call reiterated support for Iraq The Iraqi prime minister also discussed Iraq’s economic situation with the president as the dinar continues to slide against the dollar. Jordan's King Abdullah II was also on the call. Iraq
Israel, Sudan to normalize ties? Not so fast The normalization process is allowing the prime minister to flash his diplomatic bona fides at a time of domestic turmoil, but normalization may still take time. Israel
Israel's Netanyahu echoes 'shared estimate' with France on Iran, 'serious concerns' on Ukraine "I must note that we share concerns and we share the estimates on the nature of the Tehran regime," Netanyahu said following his meeting with Macron Israel
Russians in Turkey increasingly rejected on residency permits According to official figures, Russians top the list of short-term residency holders in Turkey as of January 2022, with 133,495 Russian nationals on short-term permits. But since mid-December, they have been facing denials for paperwork to stay in Turkey. Turkey
Cryptocurrency exchange Kraken closes Abu Dhabi office Emirati officials are still bullish about the future of cryptocurrency, but the crash in the market has hit the UAE hard. Legacy: Gulf
Egypt keeps interest rates unchanged to start 2023 Inflation in Egypt was on the rise at the end of 2022, with food prices being of particular concern. Egypt
France's seizure of Iranian weapons to Yemen is a win for Pentagon French forces seized some 3,000 assault rifles, 23 anti-tank rockets and more than half a million rounds of ammunition bound for Yemen's Houthi rebels. Iran
