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An aerial view shows port of the western Syrian port city of Latakia, on Dec. 18, 2024.

Analysis

Can a UAE-backed Syria-Iraq corridor become Gulf's next trade route?

On June 26, Emirati and Syrian officials discussed plans for a logistics corridor connecting Syrian ports to Gulf markets via Iraq.

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

Oil drilling near Dakhiliyah in the desert region of Hasakah, Syria, Jan. 25, 2026.

Syria launches gas project with Saudi firm in latest Gulf energy partnership

The project is the latest in a series of Gulf-backed investments aimed at rebuilding Syria's energy sector after the ouster of President Bashar al-Assad in December 2024.

Crude oil tankers, bulk carriers and vessels sit anchored around Qaboos Port on June 22, 2026, in Muscat, Oman.

Oil falls below $71 as US-Iran talks continue, Gulf exports rebound

Qatar’s Foreign Ministry spokesperson said in an X post on Wednesday that Iran and the United States had made "positive progress."

Latest News

Trump earns $810M from UAE-backed crypto firm: What to know

People walk past a cryptocurrency exchange office with a screen featuring US President Donald Trump holding cryptocurrency coins in Hong Kong on March 12, 2025.

United Arab Emirates

Kuwait's Zain eyes $1.5B mobile network in postwar Syria: What to know

Omar Albaw / Middle East Images / AFP via Getty Images

Here's what to know about Iraq's corruption as Zaidi launches crackdown

AHMAD AL-RUBAYE / AFP via Getty Images

Traffic plummets through Strait of Hormuz after Iran, US trade fire

AFP via Getty Images

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

Total Energies

Abu Dhabi National Oil Company to increase footprint in Egypt

The oil firm’s move to buy half of TotalEnergies' stake in the country is the latest example of Emirati investment in Egypt.

Price tags are seen on a market shelf of fresh fruit and vegetables on May 05, 2022, in Istanbul, Turkey.

Turkey raises inflation forecasts

The Turkish lira is also again falling close to historically low levels against the US dollar.

A huge banner bearing portraits of Iran's supreme leader Ayatollah Ali Khamenei (L) and his predecessor, the founder of the Islamic republic, Ayatollah Ruhollah Khomeini (R), is seen on a building being constructed at phase 15 and 16 of South Pars gas field development in the southern Iranian port town of Asaluyeh on July 19, 2010 as a top official announced that global energy majors are welcome to help develop oil and gas projects in Iran despite new sanctions imposed on the Islamic republic. AFP PHOTO/ATT

Russian Gazprom's deal with Iran could prompt further cooperation

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Dubai skyline

UAE Central Bank announces more sanctions

The Emirates is seeking to improve its record on financial transparency after being implicated in money laundering and sanctions evasion controversies.

Conservative and reformist newspapers in Tehran on Sept. 18, 2021.

Iranian trade with China on the rise

China is focused on improving its economic ties with Iran as opposed to security cooperation.

An Egyptian farmer holds harvested wheat in Qursaya island on May 16, 2022, in Cairo, Egypt.

Egypt diversifies wheat suppliers as large international purchases resume

Cairo halted tenders after the steep rise in prices that followed the outbreak of war in Europe, but since June it has locked in new large quantities that also show which countries are filling the gap left by Ukraine.

Tel Aviv bakery

Israeli government retreats on bread-price controls

The global rise in prices of flour and other products havs affected the cost of bread in Israel, some of which has long been regulated.

Salman Mitsotakis

Saudi Arabia signs energy agreement with Greece

Another purpose of Saudi Crown Prince Mohammed bin Salman's visit is to seek greater economic and technological cooperation with Greece.

A picture taken on March 17, 2022, shows a view of the skyline of the Bahraini capital city of Manama.

Bahrain joins UAE’s industrial partnership

Jordan and Egypt are already part of the group, which aims to establish joint industrial projects.

Demonstrators hold up posters in front of Jordanian policemen during a protest near the prime minister's office in Amman, Jordan, on June 6, 2018.

Inflation up more than 3% in Jordan during first half of 2022

The inflation rates in Turkey, Egypt and other countries in the region are considerably higher.

Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. - Art Dubai, the Middle East's largest annual contemporary art fair, featured for the first time digital works, as the wealthy Gulf emirate seeks to position itself as a crypto-assets hub. - RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo by Karim SAHIB / AFP)

UAE's crypto push seeks to draw in high-net-worth individuals

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

OLEKSANDR GIMANOV/AFP via Getty Images

Russia reassures Egypt on wheat exports after Odessa attack

The Russian missile attack on Ukraine’s port of Odessa came just a day after Turkey brokered a deal on safe passage of wheat exports from the war-torn country.