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Economy & Business

U.S. President Donald Trump (R) shakes hands with President of Turkey Recep Tayyip Erdogan in the Oval Office at the White House on September 25, 2025 in Washington, DC. Trump has signaled that the U.S. might lift a ban on F-35 sales to Turkey during Erdogan's first visit to the White House since 2019. (Photo by Andrew Harnik/Getty Images)

Turkey, US push toward $100B trade goal as Bolat heads to Washington

Bilateral trade between the United States and Turkey reached almost $43 billion in 2024, according to the US trade representative.

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.

Latest News

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

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

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

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

CORRECTION / An Iranian man reads a prayer over the coffins of late president Ebrahim Raisi (portrait top L) and late governor of Iran's East Azerbaijan Province Malik Rahmati (portrait top R) during a funeral ceremony at the Imam Reza shrine, in the city of Mashhad, on May 23, 2024. Raisi and seven members of his entourage, including foreign minister Hossein Amir-Abdollahian, were killed in a helicopter crash on a fog-shrouded mountainside in Iran on May 19. (Photo by Sadegh NIKGOSTAR / FARS NEWS AGENCY /

Leadership turnover fuels new uncertainty as Mideast economies navigate Gaza fallout

Justin Sullivan/Getty Images

US reportedly slows AI chip exports to Mideast as Saudi Arabia turns to China

Washington has further restricted imports of critical components for AI systems to certain countries, including some undisclosed ones in the Middle East.

People visit the Global Village, a shopping, dining and entertainment complex in Dubai, on the eve of Eid al-Fitr which ends the Muslim fasting month of Ramadan, on April 20, 2023. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Middle East economic outlook caught between low growth, high debt convergence

In Washington, DC, reporting on regional energy

LUIS TATO/AFP via Getty Images

UAE main destination for smuggled African gold, report claims

Swissaid estimates that 405 metric tons of gold, mostly mined by small-scale or artisanal miners, were smuggled out of Africa in 2022 and ended up in the UAE.

United Arab Emirates

United Arab Emirates' President Sheikh Mohamed bin Zayed Al-Nahyan (L), South Korea's President Yoon Suk Yeol (C), and his wife Kim Keon Hee (R) watch the Black Eagles, the aerobatic team of T-50 jets belonging to South Korea's air force, during a welcoming ceremony at the Presidential Office in Seoul on May 29, 2024. (Photo by JUNG YEON-JE / POOL / AFP) (Photo by JUNG YEON-JE/POOL/AFP via Getty Images)

South Korea, UAE ink trade deal lifting tariffs on over 90% of imports

The agreement was signed by ministers at a summit in the capital Seoul during the UAE president's first state visit.

United Arab Emirates

BEVERLY HILLS, CALIFORNIA - MAY 6: Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California. The 27th annual global conference explores various topics, from the rise of generative AI to electric vehicle trends and features participants, soccer star David Beckham and actor Ashton Kutcher. (Photo by Apu Gomes/Getty Images)

Saudi Prince Alwaleed bin Talal invests in Elon Musk’s $24B AI startup

Kingdom Holding Company also holds a stake in Elon Musk’s social media platform X, formerly Twitter.

UAE President Sheikh Mohamed bin Zayed Al Nahyan arriving in Seoul on May 26, 2024 for a two-day state visit to the Republic of Korea.

UAE president arrives in South Korea to talk defense, energy, business ties

The visit, the first by the Emirati president, aims to enhance the already strong ties between the two countries.

United Arab Emirates

Axel Baroux

Interview

Saudi Expo 2030 to offer major opportunities for French businesses, says official

In November, the Saudi capital won the right to host the Expo 2030 world trade fair that is expected to attract around 40 million visitors and billions of dollars of inward investment.

Axel Baroux

Axel Baroux

French Trade and Invest Commissioner for the UAE and Middle East

A Scandinavian Airlines (SAS) Boeing 737-700 aircraft (background L) is seen past an AirAsia plane at Langkawi International Airport on the Malaysian resort island of Langkawi on March 2, 2024, ahead of the expected departure of Norway's King Harald V who has been hospitalised on the island. Norway's King Harald V, aged 87 and in poor health, is expected to return in "a few days" from Malaysia where he is hospitalised, the royal household said February 29. (Photo by Mohd RASFAN / AFP) (Photo by MOHD RASFAN/

Malaysia courts Gulf investment and economic ties, but Saudi relations remain question mark

Samuel Wendel

In Washington, DC, reporting on regional business and tech

India's prime minister, Narendra Modi, and his Saudi Arabia counterpart and Crown Prince Mohammed bin Salman (L) shake hands during a session of the G20 Leaders' Summit at the Bharat Mandapam in New Delhi on Sept. 9, 2023.

Analysis

Gaza war complicates IMEC plans even as Gulf-India ties warm

The India-Middle East-Europe Economic Corridor's progress is facing some difficulties related to geopolitical complexities, funding and conflicts in the Red Sea and Gaza.

Adam Lucente

By Adam Lucente

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

Displaced Syrians walk through a makeshift camp for Syrian refugees only miles from the border with Syria in the Bekaa Valley on Nov. 12, 2013, in Majdal Anjar, Lebanon.

Poverty in Lebanon tripled to 44%, as high as 62% in rural areas: World Bank

In a recent report, the World Bank revealed a three-fold increase in poverty rates in Lebanon, which is hard hit by an economic crisis and financial meltdown, with nine out of every 10 Syrians displaced in the country living under the poverty line.

Goldman Sachs first Wall Street bank to get green light for Saudi Arabia HQ

The US-headquartered investment bank received a license from the Saudi Ministry of Investment to set up its regional headquarters in the capital, Riyadh.