Economy and trade

Venezuela

Qatar PM arrives in Venezuela on first trip since Maduro’s ouster: What to know

Qatar is moving to shore up ties with Venezuela as the US seeks greater control over the South American country’s oil revenues.

An Egyptian vendor fills dates for a customer at a market in Cairo's central Sayyida Zeinab district on Feb. 12, 2026, as Muslims prepare for the holy fasting month of Ramadan, which begins early next week.

Analysis

Egyptians in for another expensive Ramadan despite recovering economy

Egyptians tend to spend more during the Islamic holy month relative to the rest of the year, but high inflation and low wages have reduced their purchasing power.

In Bristol, reporting on regional business, climate change, AI, tech

Several trucks carrying humanitarian aid cross the border between Armenia and Turkey at the village of Margara, Armenia, on March 21, 2025.

Exclusive

Direct Turkey-Armenia land trade to begin amid US-led Caucasus peace push

New transit arrangement via Georgia cuts re-export costs, marking accelerating normalization between Ankara and Yerevan amid broader US-led peace efforts.

Ezgi Akin

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Fahad

Meet Fahad Al-Saif, PIF exec and Saudi Arabia's new investment minister

Saif previously led investment strategy at the kingdom's sovereign wealth fund and has held senior roles at the Saudi Awwal Bank and HSBC Saudi Arabia.

Latest News

Analysis

Why Algeria's nixing of UAE air deal is more diplomatic than economic

Algeria's President Abdelmadjid Tebboune (L) speaks with UAE President Sheikh Mohamed bin Zayed during the G7 Summit hosted by Italy, in Savelletri, on June 14, 2024.

In Bristol, reporting on regional business, climate change, AI, tech

Crypto crash collides with UAE’s big bet on digital assets

Participants visit the Token 2049 crypto conference in Dubai on May 1, 2025.

United Arab Emirates

Merz courts Gulf as Germany seeks energy alternatives to US, China

Merz

Gulf markets recover after gold rout, buoyed by Iran de-escalation hopes

A woman checks a window shop at a jewelry store in Dubai, on March 10, 2025.

United Arab Emirates

Trump

In Gulf trip, Trump to prioritize blockbuster deals amid regional turmoil

President Donald Trump is set to land in Saudi Arabia on Tuesday, the first stop in a Gulf tour focused on securing massive investments.

DIMITRIS KAPANTAIS/SOOC/AFP via Getty Images

On fifth Greece visit, Egypt’s Sisi and Mitsotakis advance energy projects: What to know

The new partnership agreement appears to further cement the two nations' growing ties even as migration challenges persist.

JACK GUEZ/AFP via Getty Images

Israel pounds Yemen after Houthi missile strike near Tel Aviv airport: What to know

Foreign airlines are canceling flights to and from Israel after a missile launched from Yemen landed just outside the terminal at Ben Gurion Airport.

Brandon Bell/Getty Images

OPEC+ moves up meeting as oil prices continue to drop: What to know

Saudi Arabia has signaled it is willing to live with lower oil prices as US President Donald Trump calls for more production.

Sheikha Mayes Al-Thani speaks at inaugural USQBC-SelectUSA event in Washington, DC, February 25, 2024.

Interview

Qatar’s digital future offers opportunities in AI, energy, says head of US-Qatar Business Council

Talent, not just capital, is key to sustainable growth, says Sheikha Mayes Al Thani.

Sheikha Mayes Al Thani

Sheikha Mayes Al Thani

Managing Director, US-Qatar Business Council

UAE/LEBANON

UAE lifts Lebanon travel ban, signals support for $11B reconstruction in sign of thaw

The United Arab Emirates and Lebanon will establish a joint business council and explore joint projects, suggesting the UAE could play a role in Lebanon’s economic recovery.

MAHMUD TURKIA/AFP via Getty Images

Libya, Turkey deepen economic ties with new trade committee, $5B target

Turkish Trade Minister Omer Bolat said on a visit to Tripoli that the two countries want to increase their annual trade volume from $3.7 billion to over $4 billion this year and to $5 billion in 2026.

In Bristol, reporting on regional business, climate change, AI, tech

Motorists wait at a traffic light by the Central Bank of Egypt building in Cairo early on March 4, 2024.

Analysis

Can Egypt’s economic comeback absorb Trump’s global trade shocks?

Buoyed by foreign investment and cautious reforms, Egypt’s fragile recovery faces a new test from Trump’s tariff-fueled trade turbulence.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Saudi Arabia, UAE, Qatar face uneven 2025 growth as trade tensions rise: IMF

While Gulf economies face only the Trump administration’s baseline 10% tariffs, the levies have already impacted oil prices and revenue, especially for rentier states like Saudi Arabia.

Employees stand behind stacks of local currency notes as they serve clients at an exchange shop in Damascus, on April 16, 2025.

IMF appoints first Syria mission head in 14 years: What to know

Syria's new government faces the task of revitalizing an economy that has been devastated by 14 years of war and ravaged by international sanctions.

Indian Prime Minister Narendra Modi (R) shakes hands with Saudi Crown Prince Mohammed bin Salman prior to a meeting at Hyderabad House in New Delhi on Feb. 20, 2019.

Analysis

India's Modi visits Saudi Arabia, seeks to boost trade route to counter China

India's largely transactional relationship with Saudi Arabia has moved beyond oil sales to a more strategic and closer partnership.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Jakarta

GCC-Indonesia economic ties deepen with Saudi MoUs, joint Qatar fund

Trade between Indonesia and the Gulf is rising and negotiations are underway for a GCC-Indonesia free trade agreement.