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Economy & Business

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

People walk past a cryptocurrency exchange office with a screen featuring US President Donald Trump holding cryptocurrency coins in Hong Kong on March 12, 2025.

Trump earns $810M from UAE-backed crypto firm: What to know

According to the disclosure, Trump earned $810 million from crypto token sales and sales of interests in UAE-backed World Liberty Financial.

United Arab Emirates

Omar Albaw / Middle East Images / AFP via Getty Images

Kuwait's Zain eyes $1.5B mobile network in postwar Syria: What to know

The Kuwaiti company is planning to invest more than $1.5 billion in Syria after securing a license to operate there, Bloomberg reported Tuesday.

Latest News

Here's what to know about Iraq's corruption as Zaidi launches crackdown

AHMAD AL-RUBAYE / AFP via Getty Images

Traffic plummets through Strait of Hormuz after Iran, US trade fire

AFP via Getty Images

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Olivier Badard

CEO of Armada Holding

Analysis

Why the Hormuz oil shock never became an energy catastrophe

A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Port Sultan Qaboos in Muscat, Oman, June 19, 2026.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

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.