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Economy & Business

Pictured in this undated image is the Al-Thawra oil field in Raqqa governorate, as rehabilitation works continue to restore production capacity.

Syria restores Raqqa oil field in former ISIS stronghold: What to know

Before Syria's civil war erupted in 2011, national oil production stood at between 400,000 and 500,00 barrels per day before falling to under 100,000 bpd during the conflict.

Guests stand at the Aramco booth during the Abu Dhabi International Petroleum Exhibition & Conference in Abu Dhabi on Nov. 3, 2025.

Aramco profits jump 26% as Hormuz disruption chokes supply

Aramco CEO Amin Nasser said the market has already lost around 1 billion barrels of oil supply since the US-Israel-Iran war erupted on Feb. 28.

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

Kaja Kallas

EU restores economic pact to pursue fuller trade ties with Syria

The move marks a major economic step for Syria's recovery after its 13-year civil war and the fall of the Assad regime.

CN-STR / AFP via Getty Images

China’s overland trade routes offer Iran wartime economic lifeline: What to know

Cargo rail traffic between China and Iran has reportedly surged since the US blockade began in April as Tehran seeks overland trade alternatives to help buy time.

Latest News

What to know about Iran's 'Persian Gulf Strait Authority' to control Hormuz traffic

In this picture obtained from Iran's ISNA news agency on May 4, 2026, the Iran-flagged tugboat Basim sails near a ship anchored in the Strait of Hormuz off Bandar Abbas in southern Iran.

Egypt ramps up energy investments amid war-driven price pressures

Egyptian Prime Minister Mostafa Madbouly speaks in Beirut on Dec. 19, 2025.

Few ships pass Hormuz despite US efforts to break Iran's hold

Tankers are seen at the Khor Fakkan Container Terminal in the Sharjah Emirate, along the Strait of Hormuz on June 23, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

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

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Francisco Serrano

In Lisbon, reporting on North Africa business

A Moroccan farmer walks past solar panels that are connected to a generator which feeds a pump extracting water from underground in Tafoughalt, a little village deep in the mountains of Morocco's eastern Berkane province, on October 31, 2016. As the Cop22 gets underway in Marrakesh, negotiators are thrashing out the details of a landmark global agreement designed to stave off disastrous climate change, but in Tafoughalt that impact is being felt already. Rising temperatures are among the factors making the

How North Africa’s renewable energy regulations can boost FDI

Foreign investors and institutions are showing serious interest in North Africa’s renewable energy industry, but regulations remain key.

The exterior of the headquarters of the Bank of Israel is seen in Kiryat Ben-Gurion, Jerusalem, Aug. 23, 2022.

Analysis

Israeli government postpones interest rates bill for checking accounts

The postponement of the bill was decided after an unusually harsh letter by Bank of Israel Gov. Amir Yaron, warning such a move would harm the bank's independence.

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

Shipping containers are seen stacked on a ship at a sea port in Karachi on April 6, 2023. (Photo by Aamir QURESHI / AFP) (Photo by AAMIR QURESHI/AFP via Getty Images)

What does UAE's latest investment in Karachi Port mean for Pakistan?

The collaboration will give Pakistan a thriving container terminal that can attract investment and help revive the economy.

Wagner group

From UAE to Sudan: US targets Middle East entities for Wagner ties

The US has sanctioned entities operating in the UAE and Sudan for alleged connections to the notorious Russian mercenary group, which also has an extensive presence in the Middle East and North Africa.

United Arab Emirates

Matthias Hangst/Getty Images

Bayern Munich, Qatar Airways end sponsorship deal after fan pressure

Fans of the German soccer champions have long-criticized the deal over concerns of Qatar's alleged human rights violations.

A picture shows the Ras Laffan Industrial City, Qatar's principal site for production of liquefied natural gas and gas-to-liquid, administrated by Qatar Petroleum, some 80 kilometers (50 miles) north of the capital Doha, on February 6, 2017. - The head of energy giant Qatar Petroleum has shrugged off fears that any potential protectionist policies pursued by US President Donald Trump would impact on global oil and gas markets. Saad Al-Kaabi -- who heads state-owned QP, the largest exporter of Liquid Natural

Qatar dominates fragmented Middle East LNG growth amid global competition

Qatar LNG could be as much as 70% of MENA LNG exports by 2025, increasing thereafter.

Gerald Kepes

In Washington, DC, reporting on regional energy trends

OXCCU

British sustainable fuel startup eyes Middle Eastern market

OXCCU looks to lower the cost of sustainable aviation fuel to make it a more attractive option for airlines to buy instead of fossil fuels.

People are seen picking out sheep at a livestock market, in Tunis' Ariana region, ahead of the Muslim festival Eid al-Adha, amid an increase in livestock prices, June 21, 2023.

Eid's price tag: Tunisia’s inflation leaves sheep out of reach for many Muslims

With soaring prices, Tunisian families are struggling to afford the cherished tradition of buying a sheep for the Eid al-Adha holiday.

Saudi Arabia Deputy Crown Prince Mohammed bin Salman (2L) and Chinese President Xi Jinping (R).

Top Saudi officials travel to China to attend 'Summer Davos' as ties deepen

The kingdom’s economy minister and other top officials will participate in the so-called Summer Davos as China-Saudi ties continue to gain momentum.

China solar

How China dominated Iraq's solar energy market

As Iraq continues to struggle to provide electricity to its people, cheap Chinese technology is helping the country, as well as the Kurdistan region, move toward renewables while deepening Beijing's reach in the Middle East.

This photograph taken on June 21, 2023, shows an Airbus A321 XLR airplane.

Analysis

More Middle East aircraft orders expected after quiet Paris Air Show

The IBA industry consultancy firm had expected an order from Turkish Airlines, but the carrier delayed its plans at the last minute by two months.

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

People wait to exchange money at a currency exchange shop on June 23, 2023 in Istanbul, Turkey. The Turkish Lira weakened to a record low of 25.74 against the dollar, a day after the central bank hiked interest rates from 8.5 percent to 15 percent in the first rate decision since the appointment of new central bank governor Hafize Gaye Erkan and the re-election of President Recep Tayyip Erdogan last month. (Photo by Chris McGrath/Getty Images)

Turkey’s smaller-than-expected rate hike comes as relief for banks

Turkey’s new economic chiefs are scrambling to navigate a return to rational policies as the lira continues to tumble, threatening to stoke inflation.