Analysis US sanctions relief key to Syria’s recovery but hinges on global coordination The levies include secondary sanctions targeting individuals or companies who engage with Damascus, so private sector companies will only move after a US green light. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
China expands foothold in Egypt’s Suez with $17M garment deals China has signed more than a billion dollars' worth of deals in the Suez Canal Economic Zone this year as the waterway reels from the Red Sea crisis. Egypt
EU greenlights lifting of all economic sanctions on Syria The European Union and the United Kingdom had already lifted some sanctions on Syria in certain sectors including aviation, energy and media. Syria
Qatar Airways reports highest-ever yearly profit of $1.7B The Gulf airline said in a statement it was the strongest financial performance in its 27-year history. Qatar
Analysis Trump’s Gulf trip lifts embattled Boeing with Qatar, UAE deals By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Gulf wealth funds weather US stock dip, target Amazon, Bitcoin in Q1 By Samuel Wendel In Washington, DC, reporting on regional business and tech
US, Qatar's $243.5B deal includes sale of up to 210 Boeing jets: What to know The United States and Qatar inked economic deals worth more than $243.5 billion, laying the groundwork for a bigger $1.2 trillion package of expanded investment and trade, the White House said. Qatar
US, Saudi Arabia ink $600B economic pact amid AI, energy deals The economic partnership agreement includes energy, mining and defense pacts, according to a White House readout. Saudi Arabia
Defense, energy and AI deals await Trump during Gulf visit: What to know Trump will kick off his regional trip by participating in a Saudi-US Investment Forum meeting, while Qatar and the UAE may be eyeing more cooperation defense and technology. Saudi Arabia
Trump heads to Gulf as markets surge on US-China tariff deal China and the United States said on Monday they agreed on a deal to cut reciprocal tariffs by 110% from May 14 as they seek to end the trade war that has upended global markets. Saudi Arabia
Analysis Will Trump's push for Gulf investment align with regional economic realities? During his May 13-16 trip, Trump aims to unveil trillions of dollars in Gulf investment and trade commitments in the United States. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
US eases foreign investment rules days before Trump Gulf visit: What to know Gulf states are estimated to manage 40% of the world’s sovereign wealth and are some of the biggest investors in the United States. Saudi Arabia
Mubadala investments soar by 33% as UAE deepens AI ties with US Mubadala made 119 billion Emirati dirhams ($32.4 billion) worth of investments in 2024, up 33.7% from the previous year, according to a Thursday statement from the UAE fund. United Arab Emirates
Mideast airlines suspend Pakistan flights following Indian strikes Pakistan closed its airspace for 48 hours starting early Wednesday following Indian airstrikes on several locations that left at least 15 people dead. United Arab Emirates
Wall Street, Silicon Valley executives to join Trump in Saudi Arabia as US courts Gulf funds US President Trump is visiting Saudi Arabia, Qatar and the United Arab Emirates on May 13-15 in his first foreign visit since returning to the White House for his second term in January. Saudi Arabia
Goldman Sachs lowers oil forecast after OPEC+ boosts production: What to know Saudi Arabia, Russia and other members of OPEC+ announced another major production increase, sending oil prices below $60 a barrel. Saudi Arabia
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. Saudi Arabia
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 Managing Director, US-Qatar Business Council