IIME Daily Brief — 2026-10-30

Israel’s final vote count confirms a coalition deadlock. Greece, allies, reject the Turkey–Libya maritime deal. The EU launches Mediterranean clean-energy guarantees, and Cyprus prepares a business mission to India.

Israel’s final election count leaves Netanyahu’s bloc with 53 seats, Eisenkot’s with 48 and Arab parties with 19, with neither major bloc able to form a majority on its own – The National.

Greece’s prime minister rejects the Turkey–Libya maritime agreement as illegal and void following its approval by Libya’s eastern-based parliament – Reuters.

Greece and Turkey clash over maritime survey notices southeast of Crete as a survey vessel prepares work for the Great Sea Interconnector – Greek City Times.

An Abu Dhabi court sentences eight men to life imprisonment over an arms-trafficking network supplying Sudan’s army and concealing the sources and destinations of its financing – The National.

The Saudi-led coalition says it intercepted and destroyed a Houthi drone over the Makkah region early Friday – Reuters.

ADNOC tells Asian customers a new pipeline could deliver Upper Zakum crude through Fujairah in early 2027, doubling its capacity to bypass the Strait of Hormuz – Bloomberg.

Turkey plans a $10 billion railway expansion linking China and Europe by 2031 – Turkish Minute.

The Port of NEOM and Ceva Almajdouie partner on a trade corridor connecting Europe, Egypt, Saudi Arabia, the GCC and Iraq – Food Business Middle East & Africa.

The EU launches a €4.5 billion guarantee platform to accelerate Mediterranean clean-energy projects – Review Energy.

Cyprus lines up 25 companies for a business mission to India, with shipping, maritime services, transport and logistics among the opportunities – Cyprus Mail.

European Parliament foreign affairs chair David McAllister says the India–EU trade agreement is expected to take effect in mid-2027 – The Times of India.

The EU and Canada are expected to announce a digital-trade agreement at Friday’s Montreal summit, alongside work to prevent their domestic procurement preferences from disadvantaging each other – POLITICO.

Space42 and Viasat agree to work with Canada’s Terrestar on an open standard for sharing satellite infrastructure while each operator retains ownership and control of its assets – Bloomberg.

Oracle is opening additional data centers in the UAE and Saudi Arabia to meet growing AI demand, a senior executive says – The National.

First Abu Dhabi Bank sets aside an additional $95 million for potential loan losses linked to the Iran war, despite higher profits and continued lending growth – AGBI.