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
Turkey's economy to be hit hard by Fed's expected interest rate hikes Expected interest rate hikes by the US Federal Reserve to rein in inflation will deal further blows to Turkey’s economic turmoil. Turkey
Emirates airline to boost Saudi tourism The Dubai-based carrier has signed an agreement with the Saudi Tourism Authority to bring international travelers to Saudi Arabia. Saudi Arabia
Turkey’s producers face tough choices after staggering energy hikes Industrial enterprises in crisis-hit Turkey have faced energy price hikes of up to 400% over a year, atop other economic blows, and many might not survive the turmoil, experts warn. Turkey
Rise in price of falafel leaves Palestinians hangry The price hike of a falafel sandwich, a popular street food once available to all, has stirred wide resentment amid the increase of prices of other foodstuffs. Palestine
Egypt breaks LNG export records with eye on Europe The country recorded 10-year high sales in 2021 following a jump in global prices and resumption of production in its second liquefied gas facility, a flow local authorities hope to maintain as they try to become a regional hub and major player in the market. Egypt
Digital bank backed by Saudi sovereign wealth fund gets approval The D360 Bank, which aims to operate locally, will be the third digital bank in Saudi Arabia as the kingdom's diversification efforts continue. By AL-MONITOR Staff
Intel acquires Israeli tech firm The Silicon Valley tech giant has a large presence in Israel, and has acquired several Israeli companies in recent years. By AL-MONITOR Staff
Standard Chartered eyes churning out profits from Egypt Egyptian authorities are betting on Standard Charter's expertise to boost online banking and stoke competitiveness. Egypt
How diamonds became Syrians' best friends Syrians have been buying diamonds instead as the global prices of gold continue to increase. Syria
Emirati budget airline Air Arabia reports record profits after loss in 2020 The Sharjah-based carrier said profits went up due to relaxed coronavirus-related restrictions. By AL-MONITOR Staff
Qatar National Bank launches environmentally friendly finance project The Doha-based bank will loan cash to the British bank HSBC to be used for green transportation investments. By AL-MONITOR Staff
Direct Iran-Venezuela flights to begin next month A Venezuelan official said the South American country wants to attract Iranian tourists. By AL-MONITOR Staff