Egypt banks on Beijing as premier visit seals yuan, payment deals

The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.

China

From Iraq to Algeria, Trump’s looming tariffs could target 4 MENA countries

The United States has a trade deficit with Iraq, Algeria, Libya and Tunisia, according to the US government, prompting the president to send them letters warning of new tariffs.

Iraq

UAE, Azerbaijan sign trade deal as officials meet in Abu Dhabi for Armenia peace talks

The deal is expected to contribute around $680 million to the UAE’s gross domestic product by 2031, according to UAE Minister of Foreign Trade Thani bin Ahmed Al Zeyoudi.

United Arab Emirates

UAE green energy giant Masdar invests in $6B UK wind farm: What to know

A consortium of 24 international banks has raised $4.8 billion in financing for the British energy project.

United Arab Emirates

Oman launches $200M clean energy fund with China’s Templewater

China, a major clean energy player in its own right, already has multiple investments in the sector in Oman, particularly in solar and wind.

Oman

China’s premier makes first visit to Egypt as ties grow: What we know

Egypt and China have significantly deepened their ties in recent years across various sectors such as trade, defense, technology and the economy.

Egypt

Egypt urges BRICS to deepen financial ties after Trump threatens tariffs

Egyptian Prime Minister Mustafa Madbouly said that due to the global decline in multilateralism and crises engulfing the world, members of the bloc of developing nations should bolster their financial and economic ties.

Egypt

UAE ranks second globally as digital nomad destination: What to know

The Gulf country was rated highly for its internet quality, public safety, low tax environment, comprehensive health-care system and overall infrastructure.

United Arab Emirates

Interview

How Red Sea attacks prepared Egypt’s economy for future shocks

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Hisham Ezz Al-Arab

CEO, Commercial International Bank

Analysis

Gulf bets on LNG boom power ahead amid regional energy shifts, war risks

Gulf oil powers are emerging as key LNG players, leveraging rising consumer demand to justify strategic global gas investments and to scale up their own LNG production at home.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

After Israel war, Iran reopens airspace to domestic, international flights

Authorities opened all airports on Friday except for those at Isfahan and Tabriz.

Iran

Saudi Arabia, Indonesia announce $27B in oil, clean energy deals: What to know

Saudi Arabia and Indonesia signed agreements for investments worth $27 billion in various fields during Indonesian President Prabowo Subianto’s visit to the kingdom.

Saudi Arabia