Economy and trade

French Trade & Invest Commissioner for United Arab Emirates and Middle East and Business France's regional director for the Middle East Axel Baroux. — Business France

Interview

Franco-Gulf investment holds firm despite Iran war, French official says

French investors are reallocating capital toward strategic sectors such as artificial intelligence and technology rather than pulling out of the region altogether.

Axel Baroux

France’s trade and investment commissioner for the UAE and Middle East

A picture taken on June 5, 2017, shows a man walking past the Qatar National Bank branch in the Saudi capital Riyadh.

Gulf investment to turn inward to rebuild postwar infrastructure: QNB

Charles-Emmanuel de Beauregard, Qatar National Bank’s head of corporate and institutional banking, said that the Gulf countries will need to rebuild their logistics capabilities after the closure of the Strait of Hormuz.

FAYEZ NURELDINE/AFP via Getty Images

Saudi Aramco's VC arm sees boom in emerging technologies, retail

Anas Alqahtani, CEO of Wa'ed Ventures, expects strong growth in Saudi Arabia’s emerging technology and retail sectors over the coming years.

Kazuhiro NOGI / AFP via Getty Images

Oil falls below $80 as markets rally on Iran-US peace deal: What to know

Brent crude futures, the international benchmark for oil prices, fell around 3.15% to $79.99 as of 6:55 a.m. EDT on Monday.

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Analysis

Gulf aluminum pursues global deals as Hormuz crisis accelerates shift

Aluminum from Dubai sits in the BMW Landshut factory on Oct. 25, 2024 in Ergolding, Germany.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Saudi Arabia lifts 5-year ban on Lebanon imports: What to know

Lebanese Prime Minister-designate Nawaf Salam (R) shakes hands with Saudi Arabia's Foreign Minister Faisal bin Farhan before their meeting in Beirut on Jan. 23, 2025.

Suez Canal traffic soars as Hormuz disruptions reroute energy trade

KHALED DESOUKI/AFP via Getty Images

Syria says Iraqi oil shipments surge as Damascus courts foreign energy investment

A long convoys of Iraqi diesel-laden tanker trucks line up along the highway Tartus-Baniyas highway as they wait to unload their cargo at the Baniyas port refinery on the Mediterranean Sea, on April 15, 2026.

Egypt’s Minister of Investment and Foreign Trade Hassan El Khatib speaking at the Egyptian-Qatari Investment Forum in Cairo, Egypt on Dec. 14, 2025 (State Information Service)

Egypt secures Qatari investment boost, launches first SCZONE industrial deal

Bilateral trade between the two countries rose to $143 million during the first 10 months of 2025.

WASHINGTON, DC - APRIL 07: Israeli Prime Minister Benjamin (L) talks to U.S. President Donald Trump during a meeting in the Oval Office of the White House on April 7, 2025 in Washington, DC. President Trump is meeting with Netanyahu to discuss ongoing efforts to release Israeli hostages from Gaza and newly imposed U.S. tariffs. (Photo by Kevin Dietsch/Getty Images)

Exclusive

Inside Netanyahu’s pressure campaign to block Turkey, Saudi Arabia from acquiring F-35s

On Dec. 1, Netanyahu met in his Jerusalem office with Frank St. John, chief operating officer of Lockheed Martin, lead contractor for the F-35's production.

In Tel Aviv, reporting on national security, Israeli politics, defense

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin and Emirati President Sheikh Mohamed bin Zayed Al Nahyan walk at the Kremlin following their talks in Moscow on August 7, 2025. (Photo by Gavriil Grigorov / POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images)

UAE, Russia host first joint business forum despite Ukraine war sanctions

Trade between the two countries is projected to exceed $10 billion in 2025.

United Arab Emirates

Russian Sukhoi Su-35S fighter aircrafts, Su-34 military fighter jets and Su-30SM jet fighters fly over downtown Moscow during a military parade on June 24, 2020.

Analysis

Russian leak signals Su-35s for Iran moving to production: What to know

Recently leaked documents suggest 16 fighters are already on Russian assembly lines, with deliveries slated through 2027. For Tehran, it would be the first meaningful fighter upgrade in decades.

Francesco Schiavi

By Francesco Schiavi

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

An aerial view shows the destruction across Yarmouk camp, Damascus, Syria, on Nov. 8, 2025.

What role is Jordan playing in Syria's reconstruction?

As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction.

currency exchange in Tehran

Iran currency dips to new low of 1.2M per dollar as sanctions bite: What to know

Since US President Donald Trump took office in January, the rial has plummeted.

Italy's Prime Minister Giorgia Meloni (C/L) welcomes President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan at The Chigi Palace in Rome, on Feb. 24, 2025.

Meloni to attend GCC summit in Bahrain as Italy deepens Gulf ties

The summit is expected to focus on economic integration in the Gulf, but regional issues will likely loom just as large, including post-war Gaza and the conflict in Sudan.

Spots of gold-rich ore speckle a stone pictured during a press tour at the Al-Amar Gold Mine, in the Riyadh region on May 28, 2008.

Analysis

US-Gulf critical minerals ties grow in bid to weaken China’s grip on industry

Saudi Arabia and the UAE are emerging as indispensable partners to the United States in its efforts to “friend-shore” a strategic sector and supply chains dominated by China.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

His Excellency President CyrilRamaphosa welcomes G20 Heads of State and Government to the G20 Leaders’ Summit, hosted by South Africa at the Johannesburg Expo Centre in Gauteng, on Nov. 22, 2025.

UAE showcases global AI ambitions with $1B Africa pledge at G20

The Gulf country is the world's top investor in Africa, with Emirati companies committing $100 billion to projects on the continent between 2019 and 2023, according to data from the Financial Times.

United Arab Emirates

US President Donald Trump and Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia stand for a photo.

US-Gulf critical minerals ties deepen as Saudis strike rare earths deal

The Nevada-based producer said the new joint venture will develop a refinery capable of processing raw materials from Saudi Arabia and abroad to supply manufacturing and defense industries in both countries.

US President Donald Trump meets with Saudi Crown Prince Mohammed bin Salman during a “coffee ceremony” at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia.

Analysis

Deals and data: Saudi Crown Prince brings growing AI ambitions on US visit

At the White House, the kingdom's de facto ruler is set to discuss strategic priorities ranging from defense ties to Syria’s reconstruction and beyond — but the visit will also underscore how the US-Saudi partnership is being rewritten for the age of artificial intelligence.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A drone is seen during the opening ceremony of the Milipol, the international exhibition of homeland security, at the Doha Exhibition and Convention Center, in Doha, on Oct. 31, 2016.

UAE deals with Anduril, Palantir deepen US tech footprint in Gulf defense

A new generation of Silicon Valley-linked US defense players are strengthening Gulf ties, representing a challenge to America’s legacy weapons giants in the region.

United Arab Emirates