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Economy & Business

A picture taken at the port of Dilovasi, outside Istanbul, on June 20, 2019, shows the drilling ship Yavuz scheduled to search for oil and gas off Cyprus.

Turkey eyes offshore energy pact with Syria in 2026 amid East Med isolation

Turkish Energy Minister Alparslan Bayraktar has offered up details on a deal with Syria that could unsettle regional rivals in the gas-rich Eastern Mediterranean.

Dan Kitwood/Getty Images

Australian LNG deal marks latest step in Turkey's energy diversification push

Although Turkey does not have abundant oil and gas resources, Ankara wants to position itself as a regional gas hub linking Europe and Asia.

A picture taken from a station of Dubai's Palm Monorail shows traffic on a road in Palm Jumeirah on Aug. 28, 2025.

Feature

Cheap oil, tighter finances, wars constrained Mid East economies in 2025

Low oil prices, tighter financial conditions and elevated geopolitical risk hampered growth across much of the Middle East and North Africa this year.

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

View of Damietta Segas LNG Terminal, in Damietta, Egypt, which is an export terminal belong to Spanish Egyptian Gas Company.

Analysis

Egypt’s $35B Israel gas deal buys time, tests fragile energy partnership

The agreement is a critical stopgap as Cairo grapples with domestic power demands, but the last two years have tested Egypt-Israel energy cooperation in unprecedented ways.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Turkey hits renewable milestone as solar surpasses gas in power capacity

Employees install new solar panels at the Kalyon Energy's Karapinar Solar Power Plant on December 02, 2021 in Karapinar, Turkey.

Analysis

Gulf finance hubs race to expand as hedge funds flock to Dubai, Abu Dhabi

Traffic moves on Sheikh Zayed Road in Dubai on March 24, 2025.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Maersk resumes Red Sea passage after two-year halt amid easing Houthi threat

A ship sails along Egypt's Suez Canal near Ismailia, April 16, 2025.

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

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

Sabena Siddiqui

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

Sebastian Castelier

In Dubai, reporting on regional business

Jennifer Gnana

Gulf Correspondent

In Dubai, reporting on Gulf energy policy and politics

Solar panels in a Sinai desert, Egypt.

Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint

Gulf companies have been increasing their investments in North African renewable energy.

CASABLANCA, MOROCCO - AUGUST 20: In this handout image from Populous, digital renderings of the proposed Stade Hassan II stadium in Morocco, projected to be the largest football stadium in the world with 115,000 capacity are depicted on August 20, 2024 in Casablanca, Morocco. The stadium design is by Populous and Oulalou + Choi (Photo by Populous via Handout/Getty Images)

Morocco’s markets rise as World Cup spending fuels largest IPO in decades

Shares in SGTM jumped by 10% on Dec. 16 after the construction firm raised roughly $550 million from its IPO, underscoring demand in a market that has featured few new listings in recent years.

His Royal Highness Crown Prince Al-Hussein bin Abdullah II (R) meets with Indian Prime Minister Narendra Modi in Jordan, on Dec. 16, 2025.

India’s Modi eyes closer ties with Jordan, Oman during visits

Modi’s two-day visit to Jordan made investments and economic cooperation a central piece of the talks with Amman.

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.

Yemeni employees walk at the Aden oil refinery company in Yemen's port city of Aden on Sept. 29, 2015.

Analysis

Yemen’s oil heartland fuels new conflict as STC seeks new political power

By targeting Yemen’s oil-rich regions, the Southern Transitional Council has positioned itself to alter power balances nationally and strengthen its bid for an independent state in the south.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

U.S. President Donald Trump (R) shakes hands with President of Turkey Recep Tayyip Erdogan in the Oval Office at the White House on September 25, 2025 in Washington, DC. Trump has signaled that the U.S. might lift a ban on F-35 sales to Turkey during Erdogan's first visit to the White House since 2019. (Photo by Andrew Harnik/Getty Images)

Turkey, US push toward $100B trade goal as Bolat heads to Washington

Bilateral trade between the United States and Turkey reached almost $43 billion in 2024, according to the US trade representative.

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

Multiple exposure photograph of the Netflix and Warner Bros logos in front of a television screen at Kerlouan in Brittany in France, on Dec. 5 2025.

Mideast funds back Paramount's $108B Warner Bros. takeover bid

Netflix appeared to have won a weeks-long bidding war with Paramount and Comcast, securing a $72 billion equity deal for Warner Bros. Discovery's TV, film studios and streaming assets, but Monday's $108 billion bid changes the calculus.

An employee works at the Rmailan oil field in the northeastern Syria, near the border with Turkey, on Jan. 8, 2025.

Saudi Arabia deepens footprint in Syria with four new oil and gas deals

The year-old Syrian government looks to revive the country’s energy sector, in part by signing deals with international companies and attracting foreign direct investment.

People walk on the platform of the Haramain High Speed Rail Network at the airport station in the Red Sea city of Jeddah, on Dec. 12, 2019.

Saudi Arabia and Qatar ink high-speed rail deal advancing Gulf integration

Saudi Arabia is seeking to boost its railway infrastructure, and longstanding efforts to connect Gulf states by train are finally gaining momentum.