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
Japan to help struggling Palestinian tourism industry A Japanese nonprofit is also supporting a female-run dairy farm in the Gaza Strip. Palestine
Turkey inflation hits 61% as fallout from Ukraine war continues Consumer inflation has surged to a fresh two-decade high in Turkey as external headwinds spawned by Russia’s invasion of Ukraine add to the country’s own economic woes. Turkey
Israel takes global lead in fintech Effects of the war in Ukraine set aside, the Israeli fintech sector is expected to continue growing this year and attract more global investments. Israel
Egypt cotton exports record high revenues despite Russia-Ukraine war Despite the Russian war on Ukraine and its negative repercussions on global trade, Egypt succeeded in exporting 50,000 tons, or up to 75%, of its cotton production this season. Egypt
How religious convictions influence business culture in Egypt Recent fatwas remind Egyptian Muslims that receiving interest on a savings account is permitted, but profiteering from scarce supplies is not. Culture
Egypt turns to Suez Canal to boost revenues The waterway’s authority has announced significant increases in transit tolls in recent weeks that are expected to bring in much-needed additional resources to help Cairo navigate its economic challenges. Egypt
Report: oil production, profits stable in Iraqi Kurdistan There have been a series of notable energy developments in Iraq recently. Iraq
Turkey-Colombia trade doubles in 2021 Turkey has also sought good relations with Venezuela in South America. Turkey
Gaza’s poor, reconstruction projects victims of Russia-Ukraine war The Russia war on Ukraine took a toll on the Gaza Strip, where the vulnerable population is facing increasing hardships in securing basic necessities as a result of soaring prices, in addition to halting construction projects due to high prices of building materials. Palestine
Israel-UAE friendship continues with mutual recognition of driving licenses The agreement has been in the works since shortly after the signing of the Abraham Accords in 2020. Israel
Uber faces new competition in Egypt New ride-sharing competitors are challenging Uber’s longtime monopoly. Egypt