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Economy & Business

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha, on June 22, 2026.

Qatar locks in US LNG through 2054 as it looks beyond Hormuz

The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054.

Saudi Arabia football supporters wave flags

China-Saudi consortium wins $306M World Cup stadium deal: What to know

The project is a vote of confidence to Saudi Arabia's ambitious Vision 2030 agenda to diversify the economy away from oil, despite an uptick in attacks by Yemen's Houthi rebels on the kingdom in recent weeks.

The Chinese-flagged container shipping vessel Hui Fa transits the Gulf of Oman off the coast of Khor Fakkan in the emirate of Sharjah east of the UAE, on Oct. 13, 2026.

Gulf oil exports surpass prewar levels despite escalating tanker attacks

According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million.

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

Latest News

Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest

Benoit Tessier / AFP via Getty Images

Explainer

Indonesia first foreign country to own property in Saudi Arabia's Mecca

Vehicles move along a main street in Saudi Arabia's holy city of Mecca on Sept. 16, 2026.

Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks

FAYEZ NURELDINE/AFP via Getty Images

Analysis

As Iran’s oil lifeline runs dry, can it outlast Trump's economic siege?

shoppers walking through the Tajrish Bazaar, a traditional market in Tehran

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Samuel Wendel

Senior Analyst, Middle East Business & Tech

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

Egypt's President Abdel Fattah al-Sisi (L) greets Chinese President Xi Jinping (R) during a signing ceremony at the Great Hall of the People on December 23, 2014 in Beijing, China. President Abdel Fattah al-Sisi is undertaking his first visit to China in hopes to secure investment deals. (Photo by Greg Baker - Pool/Getty Images)

Egypt’s exports to China up more than 20% in 2022

China is making inroads in the Middle East, including by strengthening economic ties to Egypt.

Lebanon's Central Bank Governor Riad Salameh gestures during an interview with AFP at his office in the capital Beirut on December 20, 2021. (Photo by JOSEPH EID / AFP) (Photo by JOSEPH EID/AFP via Getty Images)

Lebanon’s bank chief Salameh in hot seat as French judge arrives in Beirut

The French judge will question Riad Salameh over the central bank governor’s alleged involvement in financial crimes.

Justin Sullivan/Getty Images

Silicon Valley Bank collapse reverberates in Israel, Gulf

Israeli startups had a lot of money in Silicon Valley Bank and may need the government’s help.

Riyadh Air

Saudi’s new Riyadh Air set to compete with Emirates, Qatar Airways

The airline is expected to better connect travelers to Saudi Arabia’s cultural and natural attractions, create more than 200,000 jobs and add $20 billion to non-oil gross domestic product.

A man counts Egyptian pounds at a currency exchange shop, Cairo, Egypt, Nov. 3, 2016.

Major bitcoin fraud case rattles Egypt

Hundreds of Egyptians were swindled by an international crypto mining company, raising controversy over the digital currency that has grown in popularity in cash-strapped Egypt.

An aerial view shows the Kingdom Centre skyscraper (Kingdom Tower) and the King Fahad road in the Saudi capital Riyadh, on May 24, 2020. (Photo by FAISAL AL-NASSER/AFP via Getty Images)

Saudi Arabia’s 2022 GDP breaks record, exceeds $1 trillion

Saudi Arabia’s government report states that it achieved its highest gross domestic product growth rate in over a decade in 2022 at 8.7% and broke its total amount record of more than $1 trillion last year.

The Ritz hotel is pictured in central London on May 18, 2020.

UK Islamic bank: Soccer boosting Gulf property investments

Andrew Ball, the CEO of the Bank of London and The Middle East (BLME), spoke to Al-Monitor about how soccer is fueling a rise in Gulf investment in northern England.

A pedlar sells roasted corn cobs by the medieval Sultan al-Ghuri Complex (built in 1505) in Azhar district, Cairo, Egypt, Jan. 16, 2023.

Inflation in Egypt at 32.9% in latest spike

The Egyptian government’s inflation statistics in February could prompt an interest rate increase when the central bank next meets.

A Saudi man has his picture taken for his election ID card as registration opened 23 November 2004, for the kingdom's first municipal elections, to be held in February 2005. The first round of the elections, in which women are barred from voting, is the first of the three-stage process of choosing half the members of 178 municipal councils, the other half of which are named by the government, in a drive to introduce limited reforms which Riyadh insists must be tailored to Saudi specifications and not neces

What businesses can expect from PDPL, Saudi Arabia's incoming data law

Saudi Arabia’s new personal data protection law, which goes into effect next week, could significantly impact the cost of doing business for multinationals in the kingdom.

Samuel Wendel

In Washington, DC, reporting on regional business and tech

A stock market broker works at the Egyptian Stock Exchange, Cairo, Egypt, Jan. 6, 2013.

Egypt seeks to attract Islamic investors with debut sukuk, EGX Sharia index

While the move to allow Islamic bond sales will diversify the government's funding sources, Islamic finance is still a relatively small part of the Egyptian economy.

A sign for Moody's rating agency is displayed at the company headquarters in New York, on Sept. 18, 2012.

Moody’s issues warning about Israel’s judicial reform

The credit agency is one of several institutions to warn the controversial reform could hurt the Israeli economy.

murabba

Saudi Arabia's New Murabba project to lure global investors, but at what cost?

Ambitious project announcements are becoming an increasingly common feature of Saudi Arabia’s developmental aspirations.

Robert Mogielnicki

Robert Mogielnicki