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Economy & Business

Saudis shop for fresh products at a market in Riyadh on Feb. 18, 2026, on the first day of the holy fasting month of Ramadan in Saudi Arabia.

Analysis

Alternative supply routes emerge as Iran war tests Gulf food security

Roughly 61 million people in the Gulf rely on established food supply chains, many of which have been upended since the United States and Israel launched their attack against Iran on Feb. 28.

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

Young wheat shoots emerge from moist soil in farmland near Zakho, Iraqi Kurdistan region, Dec. 19, 2025.

Iran war hits fertilizer supplies as Fitch warns prices could rise some 25%

Higher prices and availability, due to the closure of the Strait of Hormuz, are raising food security concerns globally as well as in the Middle East.

Commercial vessels are pictured offshore in Dubai on March 11, 2026. AFP via Getty Images

Oil jumps above $100 as energy crisis called worst in history: What to know

The latest spike is the second time in a week that oil prices have climbed above $100 a barrel.

Sakis Mitrolidis / AFP via Getty Images

Group of 32 states to release 400M barrels of oil reserves: What to know

The move would mark the agency's largest ever release of oil reserves to stabilize the global market.

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

Latest News

Analysis

Oil-price hikes from Iran war threaten Turkey's rate cuts in inflation fight

Yasin AKGUL / AFP via Getty Images

Ezgi Akin

In Ankara, reporting on diplomacy, EU-Turkey ties, NATO

Airlines gradually restore Middle East flights, Gulf still heavily grounded

An Emirates Airbus A380 passenger aircraft prepares for landing at Dubai International Airport in Dubai on March 8, 2026.

United Arab Emirates

Oil swings steady as Aramco warns of 'catastrophic' Hormuz disruption

Dan Kitwood/Getty Images

Analysis

Oil crisis stokes inflation risks for Mideast as Iran war exposes importers

Smoke and flames rise at the site of airstrikes on an oil depot in Tehran on March 7, 2026.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

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

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Francisco Serrano

In Lisbon, reporting on North Africa business

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

NEOM CEO Nadhmi Al-Nasr speaks during the last day of the Future Investment Initiative conference, Riyadh, Oct. 25, 2018.

Analysis

Why did Saudi Arabia replace Neom's CEO amid budget concerns?

The change in leadership comes at a pivotal time for the $1.5 trillion green, megacity project central to the ambitious agenda of Saudi Vision 2030.

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