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Economy & Business

a large billboard featuring Israeli Prime Minister Benjamin Netanyahu

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.

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.

Latest News

Gulf oil exports surpass prewar levels despite escalating tanker attacks

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.

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

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

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

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.

Obsolete Turkish lira banknotes.

How realistic are Ankara’s hopes of trading in Turkish liras?

While the Turkish lira continues to tumble, Turkey’s currency swaps with China and other countries have failed to live up to their stated objective of boosting trade in local currencies, official data show.

Ras al-Khaimah

UAE doubles tax inspections in first half of 2022

The Gulf state is seeking to increase its financial transparency and boost tax revenue.

STEFANI REYNOLDS/AFP via Getty Images

Oil falls below $100 to lowest price in two weeks

US President Joe Biden failed to convince Saudi Arabia to significantly increase oil production during his recent trip to the region but the boosts endorsed by the OPEC+ alliance came into effect this month.

AL-MONITOR Staff

By AL-MONITOR Staff

Libya oil

Libyan oil production to return to normal following resolution of dispute

Tribes loyal to former rebel Khalifa Hifter shut down oil fields and ports in eastern Libya recently over a dispute with the transitional government.

MAHMOUD kHALED/AFP via Getty Images

Egypt to list more state companies on stock exchange

Egypt is selling state firms amid its economic crisis and Gulf entities are particularly interested in acquiring them.

A partial view shows residential buildings in Tehran on Dec. 22, 2021.

Iran's middle class priced out of housing market

As housing costs in Iran see record increases, officials are exchanging blame.