Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest France now has commitments for 295,000 metric tons of diesel per month from the Gulf, accounting for just over 10% of the European country’s consumption. Bahrain
Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks The Future Investment Initiative, which typically attracts the CEOs of some of the biggest companies in business, finance, and technology to Riyadh, will now be held next year. Saudi Arabia
Analysis How Hormuz crisis is reshaping economic ties between Iraq and Syria Iraq and Syria are expanding trade and energy cooperation, but security risks, economic challenges and longstanding mistrust raise questions about whether their growing partnership can endure. By Shelly Kittleson In Baghdad, reporting on Iraqi politics
Syria to rejoin Arab group at IMF, leaving Russian-led constituency Syria will rejoin the Arab constituency at the International Monetary Fund beginning Nov. 1 and has applied for membership in the EBRD. Syria
Israeli energy minister inks deal to export gas to Europe via Egypt Energy Minister Karine Elharrar hailed the signature this morning of a trilateral memorandum of understanding between Israel, Egypt and the European Union on the export of natural gas as a historic event. Israel
Iran's labor minister resigns as economic protests grow The first high-profile resignation in President Ebrahim Raisi's government comes as he scrambles to soothe public fury over unprecedented rising living costs. Iran
Maritime dispute with Lebanon threatens Israeli natural gas drilling Israel hopes that a solution can be found to the maritime border dispute with Lebanon so Energean can start drilling in the Karish field in the third quarter of 2022. Israel
Egypt to invest in gold, mineral mining Egypt is working to increase the exploration of gold and minerals in the Eastern Desert with the aim of attracting investments in the mining sector. Egypt
Egypt looks to India for wheat to make up losses from Ukraine war A potential deal between Egypt and India to import 500,000 tons of Indian wheat in exchange for Egyptian fertilizers is in the works amid ongoing global wheat shortages. Egypt
African Union chief says Israel has role to play in Africa Participating at the OECD Africa Forum, African Union Chief and President of Senegal Macky Sall acknowledged Israel’s engagement in Africa, especially on the backdrop of the crisis generated by the Ukraine war. Israel
After IAEA criticizes Iran, Israeli prime minister meets with Emirati leader Prime Minister Naftali Bennett made a quick visit to the Emirates, where he met privately with Emirati President Sheikh Mohammed bin Zayed. Israel
Liberia, Suriname pledge to open offices in Jerusalem The announcements come as Israel seeks to reinforce and expand its relationships in Africa. Israel
Retirees join Iran protests over economic grievances The rallies were sparked by unprecedented rising prices across the food sector under President Ebrahim Raisi's economic policies. Iran
Saudi Arabia, Cyprus set up joint business council Cyprus has important relationships with several Middle Eastern states, including Egypt. Legacy: Gulf
Pakistan’s new premier looks to Turkey for political, economic boost Shahbaz Sharif, who needs international economic and political support to stabilize his coalition government, is busy making deals with Ankara. Turkey
With free trade agreement, Israel hopes to triple trade with Emirates Israel and the United Arab Emirates already established a large scope of bilateral trade, but officials and businesspeople on both sides are persuaded that this is only the beginning. Israel
