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Economy & Business

An aerial view shows the destruction across Yarmouk camp, Damascus, Syria, on November 8, 2025. Established in 1957, Yarmouk was once the largest Palestinian refugee community in Syria, but years of conflict left much of it in ruins. (Photo by Omar Albaw / Middle East Images via AFP) (Photo by OMAR ALBAW/Middle East Images/AFP via Getty Images)

Feature

Syria’s new order faces old problems: Sanctions, reconstruction and volatility

Although President Ahmed al-Sharaa has obtained major commitments from potential foreign investors, the economic and political challenges ahead remain significant.

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

This picture taken on December 11, 2019, shows an oil tanker at the port of Ras al-Khair, about 185 kilometres north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Saudi Arabia advances gas ambitions as $100B Jafurah plant comes online

The Finance Ministry reported that initial output at the massive Jafurah gas field has begun, with a capacity of 450 million cubic feet per day.

An aerial view shows the destruction across Yarmouk camp, Damascus, Syria, on Nov. 8, 2025.

What role is Jordan playing in Syria's reconstruction?

As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction.

RICHARD A. BROOKS/AFP via Getty Images

Saudi PIF eyes $27B Japan portfolio as kingdom courts Asian investment

Saudi Arabia is strengthening economic ties with Asian countries as it pursues its economic transformation goals.

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

Latest News

Analysis

US-Gulf critical minerals ties grow in bid to weaken China’s grip on industry

Spots of gold-rich ore speckle a stone pictured during a press tour at the Al-Amar Gold Mine, in the Riyadh region on May 28, 2008.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Saudi Arabia opens Nomu Parallel Market to new investors: What to know

A man monitors the board at the Stock Exchange Market (Tadawul) bourse in Riyadh, Dec. 12, 2019.

Jordan-Syria trade surges as Damascus restores transit routes

Salah Malkawi/Getty Images

UAE showcases global AI ambitions with $1B Africa pledge at G20

His Excellency President CyrilRamaphosa welcomes G20 Heads of State and Government to the G20 Leaders’ Summit, hosted by South Africa at the Johannesburg Expo Centre in Gauteng, on Nov. 22, 2025.

United Arab Emirates

Samuel Wendel

Senior Market Research Analyst

In Washington, DC, reporting on regional business and tech

Adam Lucente

News and Business Correspondent

In New York City, reporting on regional news, militancy, climate change

Jack Dutton

Chief Business Correspondent

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

Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Sebastian Castelier

In Dubai, reporting on regional business

Jennifer Gnana

Gulf Correspondent

In Dubai, reporting on Gulf energy policy and politics

Sultan Al Jaber

ADNOC launches $80B low carbon energy company XRG: What we know

XRG, which will operate separately to ADNOC, is expected to double its asset value over the next decade.

United Arab Emirates

A teller counts US dollar bills at an exchange office, Ankara, Turkey, July 20, 2023.

Turkey launches counterfeit US dollar probe as exchange offices halt trade

The Banking Association of Turkey said currency counting machines, counterfeit currency detection devices as well as ATMs were being updated against circulation of counterfeit banknotes.

A man climbs the ramp to enter the Boeing 777X demonstration aircraft at the 2021 Dubai Airshow in the Gulf emirate, on Nov. 14, 2021.

Emirates Airline 'frustrated' at aircraft shortage due to manufacturer delays

Executives at the Middle East’s largest airline have frequently expressed their dismay over delays and uncertainty around the delivery of the Boeing 777-9X jets.

United Arab Emirates

This picture taken on December 18, 2018 shows a view of electricity transmission towers in the Saudi capital Riyadh. (Photo by FAYEZ NURELDINE / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Saudi Arabia's electricity sector to see significant transformation by 2030

Gerald Kepes

In Washington, DC, reporting on regional energy trends

A picture taken on Nov. 23, 2016, shows a phosphate rock production site at the Maaden Aluminium Factory in Ras Al-Khair Industrial area near Jubail City, 570 kms east of the Saudi capital Riyadh.

Saudi Arabia seeks mining deals with Chinese, Indian and Canadian firms in industry push

Companies from China and India announced billions of dollars' worth of investments in the Saudi mining sector, while Canadian companies could win contracts in the kingdom.

Turkey in talks for US sanctions waiver to pay for Russian gas

The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector, including Gazprombank, the country’s largest lender yet to be designated by Washington.

Barclays

Barclays fined $50M for failing to disclose 2008 Qatari funding

The UK-headquartered bank will pay a fine of 40 million pounds to British regulators for failing to disclose information of its rescue by Qatar during the 2008 financial crisis.

An aerial view of the solar mirrors at the Noor 1 Concentrated Solar Power plant, some 20 kilometers (12.5 miles) outside the town of Ouarzazate, central Morocco, Feb. 4, 2016.

Five global firms shortlisted in Morocco's controversial Western Sahara energy plans

Construction on the multibillion-dollar energy project, based in Dakhla in the disputed territory, is scheduled for completion in 2029.

A man counts Turkish lira at a currency exchange office in Istanbul, July 29, 2020.

Turkey’s Central Bank holds interest rate at 50%

It marks the eighth consecutive month without a change.

Egyptian pound banknotes lie on a table on March 6, 2024, in Cairo, after Egypt's central bank announced it will allow the exchange rate to be set by the market.

Egypt to launch first IPO in three years amid IMF-fueled privatization drive

The move comes amid a privatization drive in Egypt as part of the International Monetary Fund’s conditions to provide Cairo with an $8 billion bailout to help the North African country recover from an economic crisis.

TPAO

Turkey’s big plan to launch IPOs for state energy companies: What we know

Turkey's financial recovery travails are likely to be the key reason for the change in energy policy.

Michael M. Santiago/Getty Images

BlackRock gets nod to establish Abu Dhabi office after Saudi HQ plans set

BlackRock, which manages around $11.5 trillion in assets, announced last month that it had obtained a license from the Saudi authorities to open a regional headquarters in Riyadh.

United Arab Emirates