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Economy & Business

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin and Emirati President Sheikh Mohamed bin Zayed Al Nahyan walk at the Kremlin following their talks in Moscow on August 7, 2025. (Photo by Gavriil Grigorov / POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images)

UAE, Russia host first joint business forum despite Ukraine war sanctions

Trade between the two countries is projected to exceed $10 billion in 2025.

United Arab Emirates

Multiple exposure photograph of the Netflix and Warner Bros logos in front of a television screen at Kerlouan in Brittany in France, on Dec. 5 2025.

Mideast funds back Paramount's $108B Warner Bros. takeover bid

Netflix appeared to have won a weeks-long bidding war with Paramount and Comcast, securing a $72 billion equity deal for Warner Bros. Discovery's TV, film studios and streaming assets, but Monday's $108 billion bid changes the calculus.

An employee works at the Rmailan oil field in the northeastern Syria, near the border with Turkey, on Jan. 8, 2025.

Saudi Arabia deepens footprint in Syria with four new oil and gas deals

The year-old Syrian government looks to revive the country’s energy sector, in part by signing deals with international companies and attracting foreign direct investment.

Latest News

Saudi Arabia and Qatar ink high-speed rail deal advancing Gulf integration

People walk on the platform of the Haramain High Speed Rail Network at the airport station in the Red Sea city of Jeddah, on Dec. 12, 2019.

Qatar, UAE step up LNG plans as global demand surges

KARIM JAAFAR/AFP via Getty Images

United Arab Emirates

Feature

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

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)

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

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

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)

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

NVIDIA's founder and CEO Jensen Huang.

NVIDIA to deploy AI across Middle East amid increasing US-China tech tensions

It was reported in August 2023 that Washington planned to curb exports of some AI microchips from NVIDIA, as well as from Advanced Micro Devices, beyond China to some unspecified Middle Eastern countries.

A general view of the city skyline at sunset from Dhow Harbour, Abu Dhabi, United Arab Emirates, Feb. 5, 2015.

Analysis

Is Abu Dhabi Global Market poised to rival world’s leading financial hubs?

The Abu Dhabi Global Market, an international free zone in the heart of the UAE capital, is attracting global companies and investors as it looks to become one of the world's leading financial hubs.

Vanessa Ghanem

By Vanessa Ghanem

In Dubai, reporting on business, energy and politics

This picture taken on March 7, 2024, shows the Rubymar cargo ship partly submerged off the coast of Yemen.

As Houthis sink second vessel, shipping industry calls for Red Sea protection

A shipping salvage firm confirmed on Wednesday that the M/V Tutor, a Greek-owned, Liberian-flagged bulk carrier, had sunk after being hit by two Houthi cruise missiles on June 12. The attack killed one crew member from the Philippines.

Russian President Vladimir Putin takes part in the ceremony of signing an agreement on the construction of the Rasht-Astara railway.

Russia, Iran inaugurate Rasht-Caspian Railway: What we know

The railway was launched at a ceremony attended by Iran's acting president, Mohammad Mokhber, Minister of Transport and Urban Development Mehrdad Bazrpash, and senior Russian and Azerbaijani officials.

UAE National Security Advisor Sheikh Tahnoon Bin Zayed Al Nahyan meets Microsoft co-founder Bill Gates in Seattle on June 7, 2024.

Analysis

With China rivalry in mind, UAE's Sheikh Tahnoon hits tech reset in US visit

Sheikh Tahnoon bin Zayed Al Nahyan, the United Arab Emirates’ national security adviser and an influential brother of the country’s president, visited Washington this month.

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

DUBAI, UNITED ARAB EMIRATES -UNSPECIFIED: In this image released on November 3,2022, Tiësto behind-the-scenes filming the music video for new track 10:35 at Dubais newest luxury icon, Atlantis The Royal hotel in Dubai, United Arab Emirates. (Photo by Cedric Ribeiro/Getty Images for Atlantis Dubai)

Dubai, Tel Aviv most expensive for expats in MidEast as Tunis, Ankara rank least

Tunis, Algiers and Ankara have a relatively low cost of living for international workers, according to a survey by the consulting firm Mercer.

United Arab Emirates

A Qatar Airways plane takes off from Aden Adde International Airport in Mogadishu, Somalia, Feb. 12, 2022.

RwandAir CEO says Qatar Airways could acquire 49% stake in July

For the past five years, Qatar and Rwanda have been working on a deal that would see Qatar Airways take a 49% stake in RwandAir for an undisclosed fee.

NEOM, SAUDI ARABIA - NOVEMBER 17: Athletes compete during stage 4 of NEOM Titan Desert Saudi Arabia during the NEOM Beach Games 2023 on November 17, 2023 in Neom, Saudi Arabia. (Photo by Francois Nel/Getty Images for NEOM Beach Games 2023)

Why is Saudi Arabia cutting funding, reducing costs on ambitious projects?

Saudi Arabia is reevaluating its financial priorities under Crown Prince Mohammed bin Salman’s ambitious Vision 2030 plan to diversify the nation away from a reliance on oil.

India's Prime Minister Narendra Modi addresses his supporters after Bharatiya Janata Party (BJP) won in country's general election, in New Delhi on June 4, 2024. Modi claimed election victory for his party and its allies on June 4, but the opposition said they had "punished" the ruling party to confound predictions and reduce their parliamentary majority. (Photo by Money SHARMA / AFP) (Photo by MONEY SHARMA/AFP via Getty Images)

From Israel to Iran, Modi 3.0 eyes deepening of India's Middle East ties

India refuses to be restricted by its former Cold War commitments; as with any other power or wannabe power, only self-interest matters, and the oil monarchies of the Gulf top India's list of friends in the region.

Justin Sullivan/Getty Images

Houthi attacks caused 90% drop in Red Sea shipping, Pentagon finds

The Pentagon’s Defense Intelligence Agency found that the attacks impacted at least 65 countries and forced at least 29 major energy and shipping companies to change their routes.

Brazil's Minister of Mines and Energy Alexandre Silveira de Oliveira speaks during the CERAWeek oil summit in Houston, Texas, on March 19, 2024.

Saudi Arabia holds investment summit in Brazil, plans to invest $15B

Brazil’s energy minister said Saudi Arabia plans to invest $15 billion in the South American country, bolstering already strong economic relations based largely on mining, meat and oil.

A branch of Barclays in the United Kingdom vandalized by protestors and circulated by Palestine Action on June 10, 2024

Barclays plays down Israel military links as protesters target branches

More than 15 branches of the bank across England and Scotland were found with windows smashed and red paint daubed over the buildings as part of a protest calling on the bank to divest from arms companies that sell to Israel as well as from fossil fuel businesses.