Abu Dhabi logistics firm expands into Kazakhstan

The Central Asian country has important strategic value for Iran, Turkey and other countries in the region.

Legacy: Gulf

Israel expected to increase natural gas drilling in 2023

Faithful to his past energy policies and on the backdrop of the global energy crisis, Prime Minister-designate Benjamin Netanyahu is likely to expand exploration for natural gas off Israel's shores.

Israel

Japan strengthens energy ties to Saudi Arabia, Oman

Oman wants to increase its natural gas exports, and Saudi Arabia continues to show interest in clean energy and carbon capture technology.

Legacy: Gulf

Gulf tax landscape ushers in a new era

Sebastian Castelier

In Dubai, reporting on regional business

2022 in review: Reforms, Ukraine war drive boost in UAE’s real estate market

Improved regulatory policies and diplomatic measures amid the Ukraine war have welcomed foreign direct investment and boosted the UAE real estate market in 2022 above the global average.  

Legacy: Gulf

Oil pollution threatens Libyan oases

The populated areas near the oil fields in northeast Libya are suffering from pollution resulting from oil-related operations, in the absence of any action from authorities.

North Africa

Analysis

2022 in review: Saudi-China, Qatar-Germany deals cap Middle East's energy developments

Hydrogen power, oil price fluctuations and electric vehicles could feature prominently in the region in 2023.

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Iraq's Central Bank moves to strengthen dinar against US dollar

The plan includes a measure to buy more Chinese yuan. Other states are also considering using the yuan more.

Iraq

Secondhand clothes offer Egyptians respite as inflation skyrockets

With living expenses rising and temperatures dropping and inflation surging to a five-year high of 18.7%, many Egyptians are looking to buy secondhand clothes at Wekalat al-Balah, Egypt's most famous used clothing market in the center of Cairo

Egypt

Egyptian official says Suez Canal 'not for sale' amid fears of foreign investment

The chairman of Egypt's Suez Canal Authority has responded after a parliamentary session discussing a private fund linked to the waterway sparked widespread criticism.

Egypt

Egypt raises interest rates to end 2022

Inflation continues to increase in Egypt and the Central Bank is uncertain about 2023.

Egypt

Turkey raises minimum wage, keeps interest rates unchanged

Inflation is running rampant in Turkey, but the president continues to stubbornly reject higher interest rates.

Turkey