Middle East Briefing News

Iran, Turkiye Plan To Triple Bilateral Trade To US$30 Billion

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Iran and Turkiye are embarking on a long-term cooperation plan devised based on the capacities of the two countries that would promote ties, according to Iran’s Ambassador in Turkiye Mohammad Farazmand.

Lavrov Meets Arab League Leaders In Egypt, Engages In African Tour

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Talks involve significant trade and investment projects throughout Africa and the Middle East By Chris Devonshire-Ellis   Sergei Lavrov, Russia’s Foreign Minister, has been in Africa discussing food and fertilizer supplies amongst regional concerns over supply chains impacted by the Ukraine conflict. He has visited Egypt, and the Democratic Republic of Congo, with Ethiopia and […]

The Abraham Accords Are Attracting Chinese & Western Investment In The Middle East

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Dubai is repositioning itself as a Gateway to billions of dollars of Asian investment  Op/Ed by Chris Devonshire-Ellis   They’ve tended to be under the radar for many, however the Abraham Accords (AA), a series of treaties normalizing diplomatic relations between Israel, the United Arab Emirates (UAE), Bahrain, Sudan, and Morocco are already having a […]

Russia To Complete INSTC Railway Connectivity Via Oil Barter With Iran

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Iran will operate combined cargo transportation to Russia via Rasht-Astara and Rasht-Caspian Port railway routes, according to a director of the Iranian Construction and Development of Transportation Infrastructures Company Abbas Khatibi. The construction of the Rasht-Astara railway will be supported by the Plan and Budget Organization and financed by Iranian-Russia oil barter, he said adding […]

The Tehran Talks: What Russia, Iran & Turkiye Agreed

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The Presidents of Russia, Iran and Turkiyie have met in Tehran to discuss the Syria peace process, however bilateral talks also took place which impact the energy and food crisis’s, as well as discussions concerning Ukraine. This is what happened: Syria Russian President Putin stated that in Syria, it is necessary to eradicate ISIS and […]

Turkiye’s Europe-Asia Ambarli Port H1 2022 Transit Cargo Shipping Up

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The Turkish port of Ambarli handled 9.6 million tons of cargo from January through June 2022, the Ministry of Transport and Infrastructure of Türkiye has stated, showing a significant improvement over 2021, driven by the Ukraine conflict.

Russia Signs US$4 Billion Contract To Develop Seven Iranian Oil Fields, Establishes Supply Chain Routes Via INSTC To India

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Mohsen Khojaste Mehr, the CEO of the National Iranian Oil Company has said that Iran has signed the biggest strategic investment deal in the history of Iran’s oil-related matters with Russia.

Russia Talks Trade & Economic Development With Iran

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Russia is looking to enhance its trade connectivity access to the Middle-east and South Asia, with Iran strategically important in allowing it to do so. Russia has Caspian Sea access via its ports at Astrakhan, which permits maritime shipment south to Iran’s Caspian ports at Anzali amongst others. From there, road, and from early 2023, […]

Russian SME Trader Investments In Turkiye Increase Five-Fold In 2022

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The registered capital volume and numbers of foreign invested companies with Russian capital, registered in Turkiye from January through May 2022, has increased by nearly five times, compared to the same period of the 2021, according to the Turkish Chamber of Commerce and Industry (TOBB).

China Links Belt & Road Initiative Expenditure To Egypt’s 2030 Vision Development Plan

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By Chris Devonshire-Ellis   China, which pledged investments of US$400 billion over the next ten years to Muslim nations at the Organisation of Islamic Cooperation in March, has stated it will ‘align’ its BRI expenditure with Egypt’s Vision 2030 development scheme.

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