UAE, Russia host first joint business forum despite Ukraine war sanctions Trade between the two countries is projected to exceed $10 billion in 2025. United Arab Emirates
Analysis Russian leak signals Su-35s for Iran moving to production: What to know Recently leaked documents suggest 16 fighters are already on Russian assembly lines, with deliveries slated through 2027. For Tehran, it would be the first meaningful fighter upgrade in decades. By Francesco Schiavi In Bologna, reporting on security, defense, economy, governance
What role is Jordan playing in Syria's reconstruction? As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction. Syria
Iran currency dips to new low of 1.2M per dollar as sanctions bite: What to know Since US President Donald Trump took office in January, the rial has plummeted. Iran
Analysis US-Gulf critical minerals ties grow in bid to weaken China’s grip on industry By Samuel Wendel In Washington, DC, reporting on regional business and tech
Iranian trade with China on the rise China is focused on improving its economic ties with Iran as opposed to security cooperation. Iran
Israeli government retreats on bread-price controls The global rise in prices of flour and other products havs affected the cost of bread in Israel, some of which has long been regulated. Israel
Culture Lebanese expat influencer runs barefoot marathon for cancer patients Influencer Raymi Naouss, in partnership with NGO Crush Kancer with a Smile, ran over 40 kilometers as part of a barefoot marathon to raise money for patients struggling to find life-saving medicines in crisis-hit Lebanon. Lebanon
Iran says US dollar officially ditched in trade with ally Russia The Islamic Republic took the step following the Russian president's meeting with Iran's leader in Tehran, where the two explored options on how to push back on international sanctions. Iran
Bahrain joins UAE’s industrial partnership Jordan and Egypt are already part of the group, which aims to establish joint industrial projects. Legacy: Gulf
Sisi advances Egypt's bid for BRICS membership President of the BRICS International Forum Purnima Anand revealed Egypt's interest in joining the group along with Saudi Arabia and Turkey, and the position is to be discussed at the BRICS summit scheduled for next year in South Africa. Egypt
How realistic are Ankara’s hopes of trading in Turkish liras? While the Turkish lira continues to tumble, Turkey’s currency swaps with China and other countries have failed to live up to their stated objective of boosting trade in local currencies, official data show. Turkey
Iran's middle class priced out of housing market As housing costs in Iran see record increases, officials are exchanging blame. Iran
Israel-EU talks to resume for first time in decade EU foreign ministers agreed today to convene soon a meeting under the EU-Israel Association Council in order to regulate and advance relations between Brussels and Jerusalem. Israel
Lebanese initiative to support struggling zaatar producers Small-scale producers in Lebanon are struggling to stay in business due to harsh economic conditions, but projects like Mazeej are helping them to turn things around for the better. Lebanon
War in Ukraine leaves Lebanon hungry As wheat imports from Ukraine and Russia dwindle, Lebanese people are in danger of going hungry. Lebanon
Turkey’s economy stands to suffer from euro’s downturn The ramifications of the euro’s slide threaten to further stoke Turkey’s currency woes and soaring inflation. Turkey
