What Netanyahu win or loss could mean for Israel’s economy Economic concerns have taken a back seat to security as voters weigh Prime Minister Benjamin Netanyahu’s future — but rising deficits, cost of living and politically charged issues will be a challenge for whoever eventually prevails. Israel
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. Qatar
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. Saudi Arabia
Newsletter: Business & Tech Saudi economic ambitions under strain Saudi Arabia postponed its flagship investment conference, known as “Davos in the Desert,” on Monday as Yemen’s Iran-backed Houthi rebels continued attacks on the kingdom. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Gulf oil exports surpass prewar levels despite escalating tanker attacks By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Oil prices fall to another low Saudi Arabia has benefited from high oil prices this year, though prices appear to be falling somewhat on the back of production increases. Legacy: Gulf
Syria, Iraq form joint business council Relations between Syria and Iraq were poor in the 20th century but have gradually improved in the security and economic spheres in recent years. Syria
Jordan’s tourism revenue triples The increase follows Syrians being able to travel easily to Jordan again. Jordan
Israeli delegation pays rare visit to Indonesia While Jakarta is reluctant to advance diplomatic ties with Jerusalem, there is room to expand trade and economic relations. Israel
Saudi Public Investment Fund acquires shares in Amazon, Google, Uber The sovereign wealth fund led by the crown prince has shown a strong interest in technology such as video games. Saudi Arabia
Emirates launches codeshare deal with Aegean as UAE-Greece ties continue to strengthen The United Arab Emirates and Greece have signed a variety of political, defense and economic agreements in recent years. United Arab Emirates
Money inflows of unknown origin headed for record in Turkey As Turkey’s current account deficit continues to widen in the coming months, foreign currency inflows of unknown origin might end up covering more than 70% of the gap. Turkey
Tracker: ships carry grain from Ukraine to Middle East Ships have left Ukraine for Turkey, Iran and elsewhere since the agreement between Ukraine and Russia on safe passage through the Black Sea. Turkey
Shipping giant Maersk to invest $500 million in Suez Canal The investment comes as the canal strives to go green following record-setting revenues. Egypt
Egypt to mobilize investments for climate projects ahead of COP27 The first regional forum organized by the Egyptian presidency of the UNFCCC COP27, among five forums aimed at encouraging investment in climate action, kicked off in Addis Ababa Aug. 2. Egypt
Syria and North Korea discuss repairing Syrian engineering and industrial sectors Syrian industry has experienced substantial losses as a result of the war between government and rebel forces. Syria
Saudi Arabia secures funding for electricity interconnection with Egypt Egypt just approved a plan to ration electricity, though the government said there is not a shortage of power. Egypt