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
UAE to increase exports to countries in West Africa The Emirates is one of the biggest investors in Africa. Turkey, Qatar and Israel have significant interests on the African continent as well. Legacy: Gulf
Israel to build first solar plant on Bedouin land A unique agreement with the State offers a Bedouin tribe in the south of Israel real ownership of its land, enabling it to rent out space for the construction of a giant solar plant. Israel
Imports up pressure on Morocco’s foreign reserves Energy and food imports alongside a growing trade deficit put pressure on Morocco’s foreign currency reserves. North Africa
Gaza YouTuber scams million dollars, vanishes Dozens of citizens in Gaza fell victim to the fraud of Palestinian YouTuber Jalal al-Najjar who collected one million US dollars and vanished. Palestine
Ankara forces companies to sell hard currency as circle tightens The Turkish government’s latest loan restriction may help the embattled lira recover to some extent, but not without the risk of damaging side effects. Turkey
Morocco invests in desalination plants as drought worsens Located in an arid zone characterized by rain disruption, Morocco seeks solutions to solve water scarcity and ensure supply for domestic, industrial, and agricultural purposes North Africa
Suez, Panama canals sign cooperation agreement to boost investments The Suez and Panama canals’ economic zones seek to attract more investments through a cooperation agreement to exchange experiences and information. Egypt
Western creditors suspend debt relief to Sudan over coup as country’s economy sinks The Paris Club of major creditors announced the suspension of a 2021 agreement with the now-deposed transitional government to restructure the large foreign debt of Sudan. North Africa
Egypt plans to use ruble in trade with Russia Egypt and Russia seek to switch to local currencies in their trade transactions to overcome obstacles created by Western sanctions on Moscow over the Ukraine war. Egypt
Egypt, Turkey hold firm on interest rates Turkish President Recep Tayyip Erdogan is adamantly opposed to raising interest rates, but some observers expected Egypt to raise rates in line with Gulf banks and the US Federal Reserve. Egypt
Egypt, Saudi Arabia sign economic agreements worth $7.7 billion Saudi Arabia intends to invest about $8 billion in various economic sectors in Egypt, which will ease the Egyptian economy's wheels amid the global crisis. Egypt