Egypt's foreign reserves exceed $50B mark for first time: What to know

The stronger reserve position signals that Egypt has largely emerged from its worst economic crunch in decades.

Egypt

Newsletter: China-Middle East

China getting ahead in the Gulf

China’s Vice President Han Zheng is visiting Saudi Arabia and Kuwait this week before traveling to Qatar to attend the Second World Summit for Social Development Nov. 3-5.

By Rosaleen Carroll

In Washington, DC, US, reporting on the Middle East

Newsletter: China-Middle East

Beijing, Damascus breaking the ice

For months, Beijing has kept Syria at arm’s length, but that may be changing. Foreign Minister Asaad al-Shibani’s planned trip to China next month suggests a potential thaw.

By Rosaleen Carroll

In Washington, DC, US, reporting on the Middle East

China deepens textile investments in Egypt's Suez Canal Zone

The agreements will establish new textiles factories covering 238,000 square meters, which are expected to create more than 3,000 direct job opportunities.

Egypt

Analysis

Saudi Arabia diversifies with new China naval drills, but military remains Western-centric

Expanding Saudi-Chinese defense cooperation mirrors the broader deepening of Saudi-Chinese diplomatic and economic relations.

By Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

Newsletter: China-Middle East

China's inroads in Saudi defense industry

Saudi Arabia and China kicked off their third bilateral naval drill this week, a move that demonstrates Beijing’s growing role not only as an economic partner, but as a defense one as well for Riyadh.

By Rosaleen Carroll

In Washington, DC, US, reporting on the Middle East

Singapore's DBS Group, Banque Saudi Fransi ink Asia-Gulf trade deal

Trade between Southeast Asia and the GCC reached about $130.7 billion in 2023 and is expected to grow by another $50 billion by 2027, according to the Singaporean lender.

Saudi Arabia

Hong Kong exchange expands Gulf presence with new Dubai commodities arm

The emirate has positioned itself as a global commodities trading hub, with the UAE ranking second globally after the US in last year’s Commodity Trade Index.

United Arab Emirates

Newsletter: China-Middle East

China’s Gulf aviation ambitions

The Commercial Aircraft Corporation of China (Comac) is set to make its debut at the Dubai Airshow this November, signaling Beijing’s growing ambitions in the region's aviation market.

By Rosaleen Carroll

In Washington, DC, US, reporting on the Middle East

Interview

Al-Futtaim targets 2026 UAE rollout for game-changer ultrafast EV charging

The technology, which has only been deployed in China, will enable up to 400 kilometers of car recharging in five minutes, roughly the same time as filling a petrol tank.

Lucas Bellieud

Al-Futtaim Electric Mobility Managing Director

Newsletter: China-Middle East

China's Gaza calculus

As the Gaza conflict nears its two-year mark, China’s regional interests in the Middle East are coming under increasing strain. The war has exacerbated instability and disrupted trade routes for Beijing.

By Rosaleen Carroll

In Washington, DC, US, reporting on the Middle East

Analysis

How Afghanistan's Bagram base became focal point of US-China-Iran rivalry

Trump’s push to regain control of Bagram underscores Washington’s broader strategy to monitor China, counter Iran and project power across Central Asia.

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran