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Economy & Business

Foreign Ministry Spokesperson Lin Jian holds a press conference on Aug. 19, 2026.

China slams Trump over economic war on Iran: What to know

China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions.

Iranians drive past an anti-US billboard at Enghelab Square in central Tehran, Aug. 3, 2026.

Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94

In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences."

AHMAD AL-RUBAYE / AFP via Getty Images

Explainer

Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing

As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports.

Latest News

Turkey looks to expand Syria energy footprint into oil, gas

President Ahmad al-Sharaa meets Turkish Energy and Natural Resources Minister Alparslan Bayraktar at the People’s Palace in Damascus, Syria, on Aug. 19, 2026.

Oil nears $92 on UAE missile alert as Trump claims Iran talks stuck

Leon Neal/Getty Images

United Arab Emirates

Explainer

What US sanctions on Syria remain as Shibani, Barrack hold talks?

RAMI AL SAYED/AFP via Getty Images

UAE billionaire Habtoor takes aim at Ben Gvir’s Gaza rhetoric

A picture take on Sept. 13, 2017, shows Khalaf Ahmad Al Habtoor, chairman of the Al Habtoor Group, attending the World Premiere of La Perle in Dubai.

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

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Francisco Serrano

In Lisbon, reporting on North Africa business

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.

DOHA, QATAR - DECEMBER 15: A man looks out over the Doha skyline on The Corniche during the FIFA World Cup Qatar 2022 on December 15, 2022 in Doha, Qatar. (Photo by Alex Pantling/Getty Images)

Doha, Dubai ranked world’s top two cities for competitive job markets

The United Arab Emirates was the only country to have two cities on the top 10 list with both Dubai and the country’s capital Abu Dhabi at fifth.

Libya cryptomining

Libyan police detain 50 Chinese nationals in crypto farm bust

Media from the Tripoli Attorney General Office’s Facebook page show a dingy-looking, windowless room full of hardware, wires and servers being raided by authorities.

Bradley Beal, #3 of the Washington Wizards, drives around Jared Rhoden, #8 of the Detroit Pistons.

Qatar to buy stake in Washington Wizards, Capitals: reports

The move follows the National Basketball Association allowing sovereign wealth funds to invest in teams and Saudi Arabia’s Public Investment Fund merging its LIV Golf league with the PGA Tour, demonstrating Gulf investors' interest in US sports.

Fishing boats are moored at Karachi port as a part of precautionary measures before the due onset of cyclone, in Karachi on June 14, 2023. More than 40,000 people have been evacuated across India and Pakistan as a cyclone approaches their coast, officials said on June 13, with gales of up to 150 kilometres per hour predicted. (Photo by ASIF HASSAN / AFP) (Photo by ASIF HASSAN/AFP via Getty Images)

UAE signs agreement with Pakistan’s Karachi Port Trust

The Abu Dhabi Ports Group joint venture will invest heavily in the infrastructure development of the Port of Karachi over the next 10 years, with the bulk of it planned for 2026.

United Arab Emirates

An ad for hydrogen-powered cars.

Analysis

Oman sets sights on being Middle East leader in green hydrogen

The International Energy Agency said earlier this month that Oman is looking to significantly increase its domestic production of hydrogen from renewable electricity.

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