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
In Turkey, high inflation drives home sales The demand on Turkey’s housing market, stoked by a rush to protect savings from soaring inflation, is likely to increase despite skyrocketing prices unless inflation shows signs of easing. Turkey
Israeli diamond exchange opens office in Dubai The Israeli and Emirati diamond sectors pledged to do business together following the signing of the Abraham Accords. By AL-MONITOR Staff
Analysis Israel hopes to triple trade with Morocco Israel and Morocco have signed a trade and investment cooperation agreement, with Israel aspiring to enlarge its annual trade volume with Morocco from $131 million to $500 million. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Demand for natural gas up more than 20% in past decade The Gas Exporting Countries Forum is convening in Qatar amid the conflict between Russia and Ukraine, which could have a major effect on Europe’s energy supply. Qatar
Erdogan not giving up on gas from Iraqi Kurdistan Erdogan appears bent on advancing energy deals with Iraqi Kurdistan, even as a gas project remains bogged down by legal, technical and financial snags. Turkey
Analysis Turkish company disqualified from tender to operate Israel’s Haifa port Israeli intelligence agencies fear that a French-Lebanese company, associated with Turkish company Yilport, which is interested in operating the Haifa port, could be affiliated with Hezbollah. By Danny Zaken In Ma'ale HaHamisha, reporting on Israel
Lebanese wary of rise of customs duties amid economic crisis The cash-strapped Lebanese government has approved a draft budget law for 2022 that hikes the customs dollar and imposes new duties, as the country battles a severe economic crisis. Lebanon
Bleak economy pushes Gazan women toward domestic work The difficult economic conditions in Gaza have prompted women to resort to domestic work, a profession fraught with challenges as they live in a very conservative society. Palestine
Fitch downgrades several Turkish companies The leading rating agency previously downgraded Turkey on its debt scale due to high inflation in the country. By AL-MONITOR Staff
UAE explores economic cooperation with Cuba The Abu Dhabi and the Cuban chambers of commerce met at the Expo 2020 Dubai event, and a Cuban minister visited an Emirati renewable energy company. United Arab Emirates
Gulf states plan to phase out below-cost electricity for their citizens Subsidy reform is at the crux of state-led pushes to instill a change in thinking among citizens and a powerful tool to raise environmental awareness. Legacy: Gulf
Emirati cloud firm G42 signs agreement with Serbia The memorandum was signed at the Expo 2020 forum in Dubai. United Arab Emirates