Work on Israel-Saudi land bridge has begun, Israeli Foreign Ministry confirms The project will facilitate the transfer of goods in trucks intially between the UAE, Israel, Jordan and Saudi Arabia. Israel
On Kenya visit, Cohen meets leader of African country with no ties to Israel Israel’s Foreign Minister Eli Cohen flew to Kenya for a short visit to expand the circle of peace, curb Iranian influence in the continent and promote Jerusalem’s bid to be accepted as an observer in the African Union organization. Israel
Japan’s PM visits UAE after Saudi Arabia, talks green energy, supply sources Japan is trying to move away from fossil fuels toward greener energy, which it plans to promote in the region during Prime Minister Fumio Kishida’s visit to the Gulf this week. Saudi Arabia
Wheat prices rise by nearly 3% as Russia-Ukraine grain deal expires Turkish President Recep Tayyip Erdogan said he may call his Russian counterpart, Vladimir Putin, in an effort to save the export deal. The deal’s termination could have economic effects on the Middle East. Turkey
Egypt building collapse leaves 9 dead, fourth in a month The collapse of a building in Cairo on Monday is brings number of fatalities from these incidents in Egypt to 25 in the last four weeks. Egypt
Israeli tech at risk of not joining global industry recovery David Rosenberg In Tel Aviv, reporting on business and tech
EU, Tunisia ink 'strategic partnership' to help economy, stem migrants It comes after weeks of talks between the two parties about the EU providing around 1 billion euros in aid, which would be dependent on Tunisia's IMF bailout. Tunisia
Kuwait's new sovereign wealth fund Ciyada to boost foreign investment The Gulf country already has the Kuwait Investment Authority with assets of about $803 billion, making it the fifth-largest sovereign wealth fund globally. Gulf
Gulf’s non-oil growth offers new investment opportunities Sebastian Castelier In Dubai, reporting on regional business