Energy

Israeli commentators have responded positively to news of an official rapprochement between Israel and the United Arab Emirates (UAE).

Leaders of Israel and the United Arab Emirates (UAE) have announced an agreement to normalize relations between the two countries.

Iraqi Prime Minister Mustafa Al-Kadhimi traveled this week to Tehran to confer with Iranian officials. Mr. Al-Kadhimi’s first official trip abroad was meant to come on the heels of a visit to Saudi Arabia.

Syria’s president Bashar al-Assad has fired the country’s prime minister as the country teeters precariously on the edge of economic ruin.

The announcement last week by Egypt’s President Abdel Fattah Al-Sisi of a ceasefire initiative aimed at bringing the two sides of the conflict in Libya together has been seen by many as a positive step forward.

Reports of the capture by the Iraqi forces of the alleged leader of ISIS have come at a very important time for new Iraqi Prime Minister Mustafa Al Kadhimi. Mr. Al-Kadhimi has made the fight against the remnants of ISIS in Iraq one of his government’s main priorities.

The collapse of oil prices has increased the pressure on the regional economies, many of which were already reeling from domestic instability and the global health pandemic.