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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

Turkish President Recep Tayyip Erdogan

IMF tells Turkey to raise interest rates

Inflation is rampant in Turkey, but Turkey's Central Bank stubbornly continues to cut interest rates under pressure from President Erdogan.

Chris McGrath/Getty Images

Turkish inflation hits 85.5% as doubts linger over official data

Alternative surveys put Turkey’s inflation rate well above the official figure, nourishing suspicions that the statistics agency is tweaking market realities under government pressure.

Delegations attend the 46th ordinary session of the Council of Arab Central Banks and Monetary Authorities Governors, Jeddah, Saudi Arabia, Sept. 18, 2022.

Gulf banks raise interest rates in response to the Fed, Kuwait stays put

Saudi Arabia could be in store for a liquidity crunch, according to a leading credit rating agency. Kuwait has a history of not following the trend on interest rates.

Egypt trade

Egypt reports increased trade with Arab states

Saudi Arabia is Egypt's top trading partner in the region.

Tawazon founder Suna Zaobi from Palestine networks with others attending the 4th edition of the International Conference on Entrepreneurship in Palestine (ICEP), held in Dubai for the first time, on November 1, 2022.

‘Stars aligned’ for Palestinian startups, Gulf investors say

Entrepreneurs from the West Bank and Gaza recently visited Dubai to attend a conference on funding for new businesses.

A woman walks over cracked earth at al-Massira dam in Ouled Essi Masseoud village, some 140 kilometres (85 miles) south from Morocco's economic capital Casablanca, on August 8, 2022 amidst the country's worst drought in at least four decades. - Residents of Morocco's Ouled Essi Masseoud village are suffering from a series of successive droughts, prompting them to rely solely on sporadic supplies in public fountains and from private wells. The situation is critical, given the village's position in the agricu

Water stress to remain major driver of social instability, barrier to economic growth in Maghreb

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

Saudi Miniser of Energy Prince Abdulaziz bin Salman Al Saud addresses delegates during the 2021 climate summit, Glasgow, Ireland, Nov. 10, 2021.

Saudi Arabia offers green bonds in push toward net zero

While the move signals that the kingdom understands the global trends toward "green," its impact on climate action will require further steps.

The Egyptian pound and US dollar banknotes are seen in this photo taken on Aug. 25, 2022.

Can floating Egyptian pound kill foreign currency black market?

Egypt's latest flotation of its currency may rein in its thriving foreign currency black market, but economists cannot see an end to this market in the near future.

Participants attend the Abu Dhabi International Petroleum Exhibition and Conference, Abu Dhabi, Emirates, Nov. 11, 2019.

US, UAE sign clean energy partnership

The agreement unlocks $100 billion in financing.

Aramco exhibition section at the Misk Global Forum on innovation and technology held in the Saudi capital, Riyadh, on Nov. 13, 2019.

Saudi Aramco continues to reap big profits

The Saudi oil giant has been investing in futuristic technology as it benefits from high oil prices.

Samer Haj Yehia (screen), chairman of Israel's Bank Leumi, attends a panel on the third day of the annual Future Investment Initiative conference, Riyadh, Saudi Arabia, Oct. 27, 2022.

Informal ties grow between Israel, Saudi Arabia

With the current rift between Washington and Riyadh, every baby step in informal relations between Israel and Saudi Arabia counts.

Picture taken on Feb. 6, 2018, shows a person holding a visual representation of the digital crypto-currency Bitcoin,

Israeli cryptocurrency market attempts to catch up with global pace

An Israeli crypto firm becomes the first in the country to get a capital markets license.