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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

JACK GUEZ/AFP via Getty Images

British company announces new gas discovery off Israeli coast

Israel’s relatively new natural gas supply plays a major role in the country’s relations with its neighbors in the eastern Mediterranean Sea.

French rice farmer Bernard Poujol holds a stalk of rice in a rice field, Saint Gilles, France, Oct. 12, 2017.

Egyptian scientist creates new rice variety that requires less water

An Egyptian scientist and head of the National Rice Development Project at the Ministry of Agriculture invented a new type of rice that does not need much water, after the Egyptian government announced that the country is suffering from water poverty.

People walk past Saint-Vincent de Paul Cathedral on Habib Bourguiba Avenue in Tunis on Dec. 14, 2021.

International pressure compounds Tunisian economic crisis

There are international and local concerns over the political and economic situation in Tunisia, which is hoping for a deal with the IMF in return for implementing reforms that are rejected by the powerful UGTT labor union.

AHMAD HASSAN/AFP via Getty Images

Abu Dhabi firm to create new shipping terminals, cruise lines for Egypt

Egypt is seeking to increase revenues from its ports as the economy struggles.

GIUSEPPE CACACE/AFP via Getty Images

Explainer: Oman may follow as most Gulf central banks raise rates

Inflation in the Gulf has not been as severe as in other parts of the region.

Inflation soared to nearly 70% (69.97%) over one year in April in Turkey.

Turkish inflation jumps from 20% to 70% in just six months

Even if monthly price increases ease to an average of 5% in the coming months, Turkey would face an annual consumer inflation of over 100% in the fall and finish the year with a rate of some 90%.

STEFANI REYNOLDS/AFP via Getty Images

OPEC+ alliance endorses slight increase in oil production

Saudi Arabia, the UAE and other have largely resisted US calls to boost production but settled on a marginal increase today.

NIKOLAY DOYCHINOV/AFP via Getty Images

Bulgaria looks to Turkey for help with gas shortage

Russia has cut gas exports to Bulgaria, leaving Sofia looking to Ankara, which has some tough decisions to make.

Carbon capture

Egypt to store carbon with Italy’s Eni

The Italian energy company is pursuing increased cooperation with Egypt as well as Algeria.

Stock market brokers work at the Egyptian Exchange, Cairo, Egypt, Jan. 6, 2013.

Egypt to list army-owned companies on stock exchange

Egypt plans to list army-owned companies on the stock exchange before the end of the year, after repeated delays.

A Saudi man browses through Twitter on his desktop, Riyadh, Saudi Arabia, Jan. 30, 2013.

Analysis

US praises Saudi progress on intellectual property, notes issues in Egypt, Turkey

The Office of the US Trade Representative said that pharmaceutical product inspection in Turkey and illegal streaming in Egypt are key issues.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Isabel Infantes/Getty Images

Explainer: Algeria-Spain gas controversy

The disagreement relates to both countries' troubled history with Morocco over the Western Sahara territory.