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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

Iranian miners look on at the scene of a blast at a coal mine in Tabas in Iran's Khorasan province on September 22, 2024. The blast caused by a gas leak at the coal mine in eastern Iran has killed at least 50 people, state media said on September 22, in one of Iran's deadliest work accidents in years. (Photo by Mohsen NOFERESTY / IRNA / AFP) (Photo by MOHSEN NOFERESTY/IRNA/AFP via Getty Images)

Analysis

Iran coal mine tragedy highlights prevalent corruption, workers' plight

Reactions from pundits, activists and ordinary Iranians focused in large part on how corruption and mismanagement has grown over the years, with companies and oversight bodies increasingly ignoring the safety of workers who were digging "for a loaf of bread."

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Turkey's President Recep Tayyip Erdogan speaks during the 79th Session of the United Nations General Assembly.

Turkey’s Erdogan calls for end to US defense sanctions amid reports of S-400 deal

Relations between the two NATO allies have worsened in recent years over political rifts regarding the Eastern Mediterranean, Gaza and Syria, as well as over Turkey’s purchase of Russian S-400 defense systems.

Saudi energy minister

How Saudi Arabia plans to lure foreign investors to kickstart nuclear program

Saudi Arabia is looking to begin an ambitious nuclear project and tap into its significant uranium deposits.

Protesters wave Palestinian flags.

Is Canada's partial arms suspension to Israel symbolic or consequential?

Canada suspended 30 permits for arms sales to Israel and canceled a contract with a US firm to sell ammunition made in Quebec to the Israeli army.

Nestle to build first food factory in Saudi Arabia with $72M investment

The Swiss food and beverage firm is investing an initial 270 million riyals in the project, according to the Saudi Press Agency.

David Ramos/Getty Images

Trial opens in London for UAE-backed Manchester City: What we know

The English Premier League claims Man City breached rules requiring it to provide financial data that "gives a true and fair view of the club's financial position."

United Arab Emirates

United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan (R) hosted China’s Prime Minister Li Qiang in Abu Dhabi on Sept. 12, 2024.

China's premier in UAE after Saudi Arabia as Beijing deepens Gulf ties

Prime Minister Li Qiang’s visit to Abu Dhabi follows a similar trip to Saudi Arabia where he discussed Chinese-Gulf ties.

United Arab Emirates

Saudi Aramco signs downstream agreements with Chinese refiners

Saudi Aramco is leveraging its existing relationships with Chinese oil buyers by expanding into chemicals. The oil company also looks to invite Chinese investments to its projects in the kingdom.

The President of UAE Mohammed Bin Zayed Al Nahyan (L) walks with Indian Prime Minister Narendra Modi ahead of a meeting in New Delhi on January 25, 2017.

Analysis

India, UAE relations move from crude oil imports to nuclear cooperation

India, which sources 51% of its crude from the Middle East, is looking to strengthen strategic ties with the UAE. The South Asian country, which has significant nuclear energy capacity, signed its first nuclear cooperation agreement with Abu Dhabi on Monday.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Cars drive along a street in front of high-rise buildings in Dubai, on February 18, 2023. - Home to towering skyscrapers and ultra-luxury villas, Dubai saw record real estate transactions in 2022, largely due to an influx of wealthy investors, especially from Russia. (Photo by Karim SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

UAE aims to attract family offices to boost stature as wealth hub

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

Cairo money

Egypt urban inflation rises to 26.2% in August, first jump in five months

The unexpected increase in inflation comes as Egypt deals with the economic effects of the Red Sea attacks and a new cabinet in office.

Abu Dhabi's Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan (L) listens to India's Prime Minister Narendra Modi before their meeting at the Hyderabad House in New Delhi on September 9, 2024.

India’s Modi hosts UAE crown prince, inks 5 energy, nuclear agreements

The agreements were signed during Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan’s visit to New Delhi.

United Arab Emirates