Economy and trade

French President Emmanuel Macron (L) and Oman's Sultan Haitham bin Tarik pose during a meeting with business leaders in Paris on June 29, 2026.

Oman's sultan meets Macron in first France visit since 1989: What to know

French President Emmanuel Macron has been pushing against any form of toll for the Strait of Hormuz.

AFP via Getty Images

Traffic plummets through Strait of Hormuz after Iran, US trade fire

Shipping through the Strait of Hormuz had recovered somewhat before renewed fighting between Iran and the United States saw traffic drop sharply over the weekend.

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades.

Olivier Badard

CEO of Armada Holding

A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Port Sultan Qaboos in Muscat, Oman, June 19, 2026.

Analysis

Why the Hormuz oil shock never became an energy catastrophe

The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Oil falls below $74 as Hormuz traffic recovers after Iran war

Elke Scholiers/Getty Images

Explainer

Lebanon advances controversial $500K golden visa law: What to know

A picture shows the four seasons hotel in Beirut with the snow covered mountain of Sannine in the background on March 8, 2019.

Explainer

Qatar blast underscores challenges in race to restart Gulf energy flows

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha on June 22, 2026.

Interview

US-Egypt fund makes case for economic statecraft in hard power era

A worker counts banknotes after filling up the tank of a vehicle at a petrol station in Giza on March 10, 2026.

Cornelius Queen

Cornelius Queen

Senior Vice President of the Egyptian-American Enterprise Fund

Long-awaited bankruptcy law sparks optimism in Egypt

The Egyptian parliament passed a new bankruptcy law to regulate the restructuring of viable but troubled companies, in a move experts say will boost the economy.

A Palestinian man displays an old Palestinian coin in his shop in the West Bank city of Hebron June 8, 2008. The Palestinian Authority has delayed paying its workers this month after Israel withheld tax funds in anger over Palestinian attempts to block upgraded European Union-Israeli ties, officials said on Sunday. REUTERS/Nayef Hashlamoun (WEST BANK) - GM1E469047K01

Will the Palestinian Authority dump the shekel?

Palestinian President Mahmoud Abbas is taking steps toward complete disengagement from Israel, including examining replacing the Israeli shekel.

Gaza businesses forced to close

The economic and humanitarian crises in the Gaza Strip have left stores with no option but to shut down.

Syrian men work on reconstructing a damaged building in the northern Syrian city of Raqa, on January 16, 2018 after a huge military operation led on the ground by Kurdish fighters and in the air by US warplanes defeated jihadists from the Islamic State group but also left the city completely disfigured.
Once home to around 300,000 people, Raqa's neighbourhoods were empty when it was declared retaken in mid-October. Three months on, despite the lack of infrastructure and the lingering threat of unexploded mi

Assad, Turkey hamper US assistance for Syria

The Assad regime’s territorial gains and the Turkish offensive in Afrin are conspiring to keep the world’s largest aid donor on the sidelines.

Can Tunisia’s economy be saved?

Due to financial crisis, Tunisia's foreign currency reserves have hit a record low, and some goods have been banned from importation.

Dropping interest rates could increase inflation in Iran

While high interest rates continue to keep liquidity locked into bank deposits, a nonholistic approach to job creation could lead lower interest rates to simply result in the return of high inflation.

As US disengages in North Africa, France's Macron looks to boost his profile

During his visit to Tunisia, French President Emmanuel Macron vowed to bolster the country’s faltering economy.

Saudi Arabia's Crown Prince Mohammed Bin Salman attends the Annual Horse Race ceremony, in Riyadh, Saudi Arabia, December 30, 2017. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY. - RC195E3B23D0

MBS plans first US visit since becoming Saudi crown prince

Saudi Arabia’s economic transformation is high on the agenda for the upcoming trip.

Will Brexit jump-start Iran-UK trade?

While bilateral trade has increased following the implementation of the nuclear deal, trade between Iran and Britain remains far below its potential.

Iranian soldiers march during the annual military parade marking the anniversary of the outbreak of its devastating 1980-1988 war with Saddam Hussein's Iraq, on September 22,2017 in Tehran.
President Hassan Rouhani vowed that Iran would boost its ballistic missile capabilities despite criticism from the United States and also France. / AFP PHOTO / str (Photo credit should read STR/AFP/Getty Images)

Will Iran’s military really divest from business holdings?

Despite its complex challenges, the Iranian military’s planned divestment from the economy holds the potential for more transparency and accountability.

Why Gaza merchants are forgiving debt

A new social campaign in the Gaza Strip encourages debt forgiveness in light of people's economic straits due to the 11-year blockade.

Rouhani moves to leverage unrest to loosen IRGC grip on economy

The Hassan Rouhani administration appears to be leveraging the recent protests in Iran to continue pushing for its agenda of greater accountability and lesser military involvement in the economy.