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
How are Iran-linked tankers still moving through Hormuz blockade? At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa. Iran
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock ADNOC, Aramco and QatarEnergy have aggressively expanded their international portfolios in recent years, a strategy facing new constraints as the US-Israel-Iran war impacts Gulf production and exposes structural risks. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Syria’s Sharaa makes fourth visit to Saudi Arabia, first since Iran war: What to know The visit comes in light of the deepening economic relations between Syria and Saudi Arabia post-Assad. Syria
Analysis Ceasefire without relief: How Iranians are grappling with post-war repression By A correspondent in Tehran In Tehran, reporting on politics
Iran war deepens Gaza crisis as prices soar, aid falters By Daoud Kuttab In Amman, reporting on Palestinian politics
Qatar International Islamic Bank retains A credit rating from Moody's The leading Islamic bank’s head said the rating reflects its ability to withstand the COVID-19 pandemic. News Brief
The Takeaway: Iraq takes first steps toward new government: What comes next Updates from our regional correspondents on Turkey, Kazakhstan and Saudi Arabia, Oman, and Egypt; multimedia on Israel and Iran — all in about 1,000 words. Iraq
Israel pledges to keep US in loop on trade with China In the face of growing American concerns, Jerusalem has reportedly promised Washington it will keep it abreast of any major business deals with Beijing. Israel
As omicron spreads, Israelis turn against Bennett Many Israelis feel that the government and Prime Minister Naftali Bennett have lost control over battling the spread of the coronavirus omicron variant. Israel
Syria joins China’s Belt and Road Initiative The admission of Syria into the Chinese economic project is the latest sign of strengthening relations between Damascus and Beijing. News Brief
Economic meltdown revives forgotten occupations in Lebanon Occupations that disappeared over time, most notably that of cobbler and tailor, have been revived due to the decline in citizens’ purchasing power. Lebanon
Hamas plans to continue using cryptocurrencies for operations Israeli Defense Minister Benny Gantz signed an order to seize more than $800,000 on cryptocurrency on its way to Hamas, but a spokesperson for the movement said that the Israeli announcement was exaggerated. Palestine
Despite pandemic, Israeli high-tech industry soars The Israeli high-tech sector has thrived through the end of 2021, with Israeli unicorns making more money than ever before and entering the US stock exchanges. Israel
Suez Canal to establish sovereign wealth fund The Suez Canal Authority has unveiled a plan to establish a sovereign wealth fund to shield the canal from fluctuations in global trade and crises like COVID-19. Egypt
Lebanon and Iraq ink defense cooperation agreement Lebanese Defense Minister Maurice Sleem is in Iraq for an official visit. News Brief
Egyptian travel companies profit on Turkey visits due to falling lira Egyptian tourism companies are seeking to take advantage of the low exchange rate of the Turkish lira to promote their programs in Turkey even after the summer season is over. Egypt
Egyptians carry on tradition of entrusting savings to gold Many Egyptians see gold as the safest investment option for their savings, especially in times of economic uncertainty. Egypt
