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
Israel hails Saudi agreement to open skies to all airlines Riyadh has decided to allow flights from Israel to cross Saudi airspace, significantly cutting flight times to the Far East. Israel
Will Tunisia, Algeria relations recover through land border reopening? Several issues, including gas and the dispute over the Western Sahara, continue to linger over the tense Algerian-Tunisian relations, despite the reopening of the land borders between the two countries. North Africa
India’s use of rupee for import, export payments could boost Iran trade Iran is seeking to boost trade with both Russia and India at present. Iran
Iranian pharmacy has new take on 'wall of kindness' The measure helps poor people obtain medicine amid rising inflation in Iran. Iran
Flydubai suspends flights to Sri Lanka as Emirates, Etihad keep flying Sri Lanka is experiencing mass unrest over its deteriorating economic situation. Legacy: Gulf
Unprecedented inflation hammers Iran Iranians have grown accustomed to high inflation and rising prices, yet recent macroeconomic trends are unprecedented. Iran
Lebanese cook over wood as high gas prices persist Desperation is one of the few commodities Lebanon does not lack as the financial burden of securing necessities such as cooking gas grows heavier. Lebanon
Emirati port operator, Uzbek oil company to open trade hub, cooperate on freight Other Middle Eastern states are also seeking better economic relations with Central Asia. Legacy: Gulf
Lapid’s greatest election challenge will be skyrocketing cost of living Prime Minister Yair Lapid has only four months to show Israelis he can do something about the continuously-increasing cost of living and high housing prices. Israel
Saudi fast food giant ready to challenge KFC in Egyptian market The introduction of Saudi fast food chain Albaik to Egypt is part of the $7.7 billion investment package announced during the recent visit of Saudi Crown Prince Mohammed bin Salman to Cairo. Saudi Arabia
Egypt’s growing fintech ecosystem transforms country’s finances A population of over 100 million, young, largely unbanked, with a high penetration of internet and mobile subscriptions paves the way for innovation in Egypt's fintech sector. Egypt
Abu Dhabi port operator acquires stake in Egyptian shipping firms Gulf countries are interested in buying Egyptian assets as the country’s economy falters. Egypt