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Economy & Business

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.

RICHARD A. BROOKS/AFP via Getty Images

Saudi PIF eyes $27B Japan portfolio as kingdom courts Asian investment

Saudi Arabia is strengthening economic ties with Asian countries as it pursues its economic transformation goals.

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

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

A man monitors the board at the Stock Exchange Market (Tadawul) bourse in Riyadh, Dec. 12, 2019.

Saudi Arabia opens Nomu Parallel Market to new investors: What to know

Easing investing rules and deepening capital markets to diversify the Saudi economy are key to fulfilling Vision 2030.

Latest News

Jordan-Syria trade surges as Damascus restores transit routes

Salah Malkawi/Getty Images

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

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.

United Arab Emirates

Analysis

Iraq’s economic future in limbo as paralysis looms post-election

People drive past election billboards in Baghdad, Oct. 14, 2025.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

UAE pledges up to $50B for Canada during Carney's Abu Dhabi visit

Mark Carney in UAE

United Arab Emirates

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

France's President Emmanuel Macron and Syria's President Ahmed al-Sharaa look on during a bilateral meeting within the framework of the COP30 UN climate conference in Belem, Brazil, Nov. 6, 2025.

Syria attends Brazil’s COP30 as most Middle East leaders skip talks

Two years after the UAE and Egypt hosted back-to-back climate conferences, global headwinds are threatening climate action as talks begin in Belem amid notable absences.

United Arab Emirates

DAMASCUS, SYRIA - JULY 16: Members of Syria's civil defense work amid the aftermath of an Israeli airstrike on Syria's defence ministry headquarters on July 16, 2025 in Damascus, Syria. A spokesperson from the Israeli Defense Forces (IDF) confirmed Wednesday that Israeli airstrikes have targeted the headquarters of Syria's defence ministry and a site near the presidential palace in Damascus. The strikes come amid an escalation in conflict between Syrian government forces and Druze militia in the southern Sy

Analysis

Sharaa in Washington: Can US charm offensive boost Syria’s reconstruction?

The trip signals strong support for the new Syrian government, as President Sharaa seeks the breakthroughs needed to end economic isolation and speed up reconstruction, while US sanctions continue to paralyze investment.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

This picture taken on July 10, 2022, shows a view of the thermal natural gas and fuel oil power plant serving Syria's northern city of Aleppo.

Syria advances Qatar-backed $7B power project amid soaring electricity prices

According to the state-run Syrian Arab News Agency, the plants will use a combination of natural gas and solar energy.

People sit listening as the Chairman and CEO of TotalEnergies Patrick Pouyanne speaks during the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi, on Nov. 3, 2025.

Egypt courts investors, signs new gas deals at Abu Dhabi ADIPEC summit

Minister Karim Badawi met with executives from companies including Abu Dhabi sovereign wealth fund Mubadala, UAE state energy holding company TAQA, US conglomerate Halliburton and British Petroleum.

Former Director General of Lafarge Bruno Lafont (C) and French lawyer Jacqueline Laffont arrive on the opening day of the trial.

French cement giant Lafarge on trial for ‘funding terrorism’ in Syria: What to know

The French company is accused of funneling millions of dollars via its subsidiary Lafarge Cement Syria to jihadi groups and intermediaries to keep its cement plant operating in northern Syria.

AirAsia airplanes are pictured on the tarmac at Kuala Lumpur International Airport in Sepang on Jan. 8, 2024.

Malaysia's AirAsia bets Bahrain can fuel Mideast growth, challenging Gulf hubs

The Malaysian carrier signed a preliminary pact with Bahrain to explore establishing the kingdom as its Middle East hub, with plans for dozens of daily flights by 2030.

UK Chancellor Rachel Reeves, right, and Qatari Finance Minister Ali bin Ahmed al-Kuwari arrive at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 28, 2025.

Analysis

UK chases elusive GCC trade deal that could boost exports, economic links

A new charm offensive at Saudi Arabia's flagship investment conference has fueled optimism that a UK-GCC trade pact, under negotiation since 2022, could soon be completed.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Ezra Acayan/Getty Images

Oil prices fall for 3rd straight month as Saudi-led OPEC+ weighs more cuts

The falling oil prices are being driven further down by China’s slowdown and are affecting Saudi Arabia’s diversification plans.

A woman opens the UBER application on her mobile phone at the Eminonu district on March 30, 2018 in Istanbul.

Uber announces $200M technology center in Turkey: What to know

The new site in Istanbul will join Uber’s other global tech centers located outside the United States in Brazil, India and the Netherlands.

An employee wearing a face mask against the coronavirus, is pictured at the port of Jebel Ali, operated by the Dubai-based giant ports operator DP World, in the southern outskirts of the Gulf emirate of Dubai, on June 18, 2020.

UAE’s DP World to invest $5B in India's infrastructure: What to know

The Dubai-headquartered logistics firm has already invested $3 billion into the South Asian nation over three decades.

United Arab Emirates

FAYEZ NURELDINE/AFP via Getty Images

Billion-dollar AI, clean energy deals headline Saudi 'Davos in the Desert'

Humain, an AI firm backed by the Saudi sovereign wealth fund, the PIF, signed a $3 billion deal with AirTrunk, a company backed by US asset manager Blackstone, to build a data center campus in the kingdom.