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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 policeman regulates traffic at an intersection during a power outage in Tehran, on May 23, 2021.

Iran begins linking electricity with Russia

Tehran is seeking help from neighboring states in part due to the impact of US sanctions on Iran’s power grid.

Google invests more than $15 million in Israeli high-tech training

World Cup stadium in Qatar

New PRO Memo: 3 scenarios for Qatar's record-breaking World Cup investment

Qatar can capitalize from pouring $300 billion into hosting the World Cup...if it can avoid more controversy.

World Cup stadium in Qatar

Qatar’s record-shattering $300B World Cup bet will deliver returns, despite missteps

Samuel Wendel

In Washington, DC, reporting on regional business and tech

DENOUR/AFP via Getty Images

Gas deal strengthens Qatar-China ties

China’s connections to the Gulf continue to expand.

A doctor in the oncology department of the Hotel-Dieu de France reviews anticancer drugs in the hospital pharmacy, Beirut, Lebanon, Oct. 7, 2022.

Lebanese turn to alternative medicine as health care costs soar

Many in Lebanon are opting for alternative medicine to treat physical and psychological maladies after no longer being able to afford health services.

Journalists take images of Peugeot 207 and 206 car production lines at the Iran Khodro auto plant.

Iran sanctions French carmakers

Peugeot, Renault and Citroen all do considerable business in Iran. The move follows new European Union sanctions against Iran in relation to the anti-government protests in the country.

Al-Monitor business correspondent Salim A. Essaid moderates a panel with global regulators from the US, India, Italy, and the UAE at Abu Dhabi Finance Week (ADFW) on November 15th 2022.

Who’s to blame for FTX, future cryptocurrency failings?

As the crypto world reels from the FTX currency exchange's bankruptcy, how can the industry protect the cryptocurrency market?

BudZero

Qatar reverses course, bans alcohol at World Cup

Budweiser had obtained exclusive rights to sell beer in the stadiums, but can now sell it only in luxury boxes.

UAE solar farm

Gulf states chart own investment course in climate finance

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

Egypt's Foreign Minister Sameh Shoukry (R) speaks as UN Secretary-General Antonio Guterres listens at a press conference during the COP27 climate conference, Sharm el-Sheikh, Egypt, Nov. 17, 2022.

Egypt reaps economic, political gains from COP27

Egypt has achieved several major deals as well as boosted its foreign policy by hosting COP27.

An Etihad Airways Boeing 787-9 "Dreamliner" aircraft lands at Israel's Ben Gurion Airport near Tel Aviv, on Oct. 20, 2020.

Etihad launches initiative on sustainable aviation fuel to decarbonize flights

Sustainable aviation fuel, which is sourced from biological materials, has great carbon reduction potential. However, airlines' reluctance to spend more on fuel is hampering its development, according to some observers.