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Economy & Business

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

Egyptian men work in a bakery at a market in Cairo, Egypt, March 17, 2022.

Egypt to receive wheat shipments from Ukraine by rail from Poland

Cairo agreed with Kyiv on four wheat cargoes, which will reach Egypt by rail to Poland, raising hopes of restoring food security.

Barham Salih, prime minister of the Iraqi Kurdistan Region Government, speaks during a conference of Kurdistan-Iraq Oil and Gas forum, Erbil, Iraqi Kurdistan, Nov. 13, 2011.

Dispute over Iraqi Kurdistan's energy resources ramps up

The Iraqi Ministry of Oil has announced plans to establish a new oil company for the Kurdistan Region.

An Emirati female trader watches a quotation board from a computer screen at the Abu Dhabi stock exchange, June 7, 2006.

Abu Dhabi special acquisition firm begins trading on stock exchange

The ADC Acquisition Corporation is listed on the Abu Dhabi stock exchange to raise funds for the Emirati sovereign wealth fund ADQ and Abu Dhabi's Chimera Investment.

The Israeli Firkat Alnoor orchestra at the Israeli Embassy in Cairo, Egypt, May 21, 2022.

Israel seeks to double trade with Egypt

The visit to Egypt of the Israeli Firqat Alnoor Orchestra reflects a clear trend in the past year and a half of cultural, environmental and economic ties warming up between the two countries.

An Egyptian laborer is pictured at Al-Reesa seawater desalination plant in el-Arish city, in the northern Sinai Peninsula, March 20, 2022.

Egypt grants new incentives to foreign investors

The Egyptian government announced the granting of a special license to foreign investments in three specific fields, which expedites procedures to implement projects, as part of efforts to revive the ailing economy in the country.

STEVE PARSONS/AFP via Getty Images

Qataris to receive visa-free access to UK, invest $12.5 billion

Qatar and the United Kingdom have announced they will cooperate on energy projects while Qatar’s energy minister criticized Europe for “demonizing” oil and gas companies.

Iran economy

The economics of social unrest in Iran

While the protests themselves are unsurprising, given the economic crises plaguing the country, the fact that they were centered in the southwestern province of Khuzestan is significant.

A general view of the Egyptian Exchange, Cairo, Egypt, Jan. 7, 2022.

Egypt to sell state-owned firms amid economic crisis

Ten of Egypt's largest state-owned companies will be listed this year on the stock exchange, while others will be sold in the coming years as the government tries to attract foreign investors to relieve economic hardships.

KARIM SAHIB/AFP via Getty Images

Abu Dhabi National Oil Company announces IPO price for Borouge

The joint venture between ADNOC and the Austrian energy company Borealis will soon be listed on the Abu Dhabi stock exchange.

United Arab Emirates

Israeli Knesset

Israeli legislator promotes cooperation with Palestinians on climate

Knesset committee chair Emilie Moatti is hosting meetings on cooperation with Palestinians in the fields of water treatment, climate change, agriculture and environmental protection.

An aerial view of the solar mirrors at the Noor 1 Concentrated Solar Power (CSP) plant, some 20 kilometers (12.5 miles) outside the central Moroccan town of Ouarzazate.

Morocco to ramp up green hydrogen production

While the industry is still in its infancy, the need to develop sustainable energy sources is becoming more pressing for the country.

ATTA KENARE/AFP via Getty Images

Iran, Oman to jointly develop oil field

Iran's president is in Muscat seeking increased cooperation with Oman on energy and transportation.