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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

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.