In Saudi Arabia, Sharaa hails 'historic opportunity' for Syria investment

Syrian President Ahmed al-Sharaa touted investment opportunities in his country as he addressed business leaders and officials at the 9th Future Investment Initiative Conference in Riyadh.

Syria

Delta to launch first direct US-Saudi flight as business ties deepen

Beginning in October 2026, Delta will fly from its Atlanta hub to the Saudi capital three times a week on an Airbus A350-900 — a route that will span more than 7,000 miles.

Saudi Arabia

Postwar Syria receives first direct shipment from China: What to know

The commercial vessel Queen Vivian arrived at Tartous Port from China, bringing some 16,000 tons of steel and various equipment, Sana reported Monday.

Syria

Analysis

EU-Egypt summit unlocks over $4B for Cairo as investments beckon

The landmark summit came 19 months after the EU and Egypt signed a 7.4 billion euro ($8.6 billion) strategic and comprehensive partnership aimed at stabilizing the North African nation’s economy and curbing irregular migration to Europe.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Algeria's Sonatrach latest foreign oil major to resume Libya drilling

Libya has Africa’s largest proven oil reserves, with approximately 48.4 billion barrels, but political instability had led international energy firms to avoid it for more than a decade.

Algeria

Egypt discovers 18 oil, gas wells as Cairo looks to up energy output

The discoveries support the government's ambition to increase Egypt's domestic energy supply.

Egypt

Newsletter: Business & Tech

Egypt becomes MENA’s top LNG importer

Egypt overtakes Kuwait as the region’s top LNG importer amid efforts to revive its gas exports.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

At least $216B needed to rebuild postwar Syria, says World Bank

Reconstruction costs of damaged physical assets are projected at between $140 billion and $345 billion, with a conservative best estimate of $216 billion, the World Bank reports.

By Jack Dutton

In Bristol, reporting on regional business, climate change, AI, tech

China deepens textile investments in Egypt's Suez Canal Zone

The agreements will establish new textiles factories covering 238,000 square meters, which are expected to create more than 3,000 direct job opportunities.

Egypt

Bahrain joins Gulf’s late movers in the solar race with 150 MW project

If completed on schedule, the Bilaj Al Jazayer solar plant would more than double the kingdom’s total installed renewable capacity, which stood at just 69  MW in 2024.

Bahrain

Egypt overtakes Kuwait as MENA’s biggest LNG importer: What to know

Last year, the North African country shifted from being a net exporter to a net importer of LNG, due to soaring demand and production declines.

Egypt

Analysis

Turkey's Gulf energy drive gains momentum with $1B Masdar deal

As part of a goal to quadruple wind and solar capacity by 2035, Turkey is hoping to seal major deals with Masdar and ACWA Power to overcome recent dealmaking headwinds.

By Samuel Wendel

In Washington, DC, reporting on regional business and tech