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Economy & Business

A ship sails along Egypt's Suez Canal near Ismailia, April 16, 2025.

Maersk resumes Red Sea passage after two-year halt amid easing Houthi threat

A ceasefire reached between Israel and Hamas in October has prompted some shipping companies to consider resuming services, but security concerns persist.

Solar panels in a Sinai desert, Egypt.

Egypt lands $572M UAE-backed solar deal, expanding Gulf's clean-energy footprint

Gulf companies have been increasing their investments in North African renewable energy.

CASABLANCA, MOROCCO - AUGUST 20: In this handout image from Populous, digital renderings of the proposed Stade Hassan II stadium in Morocco, projected to be the largest football stadium in the world with 115,000 capacity are depicted on August 20, 2024 in Casablanca, Morocco. The stadium design is by Populous and Oulalou + Choi (Photo by Populous via Handout/Getty Images)

Morocco’s markets rise as World Cup spending fuels largest IPO in decades

Shares in SGTM jumped by 10% on Dec. 16 after the construction firm raised roughly $550 million from its IPO, underscoring demand in a market that has featured few new listings in recent years.

Latest News

India’s Modi eyes closer ties with Jordan, Oman during visits

His Royal Highness Crown Prince Al-Hussein bin Abdullah II (R) meets with Indian Prime Minister Narendra Modi in Jordan, on Dec. 16, 2025.

Egypt secures Qatari investment boost, launches first SCZONE industrial deal

Egypt’s Minister of Investment and Foreign Trade Hassan El Khatib speaking at the Egyptian-Qatari Investment Forum in Cairo, Egypt on Dec. 14, 2025 (State Information Service)

Analysis

Yemen’s oil heartland fuels new conflict as STC seeks new political power

Yemeni employees walk at the Aden oil refinery company in Yemen's port city of Aden on Sept. 29, 2015.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

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

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)

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

IAN TIMBERLAKE/AFP via Getty Images

Saudi Aramco, South Korea's Hyundai sign $2.4B contract to develop gas field

The contract was signed during South Korean President Yoon Suk Yeol’s visit to Saudi Arabia.

DANIEL LEAL/AFP via Getty Images

Bank of Israel leaves interest rates unchanged, citing Hamas war

Israel's central bank is concerned with the prospect of an extended war in the Gaza Strip and the depreciation of the shekel.

The Tamar drilling natural gas production platform, some 25 kilometers west of Ashkelon, Israel, February 2013.

Analysis

Could Israel-Hamas war lead to another winter energy crisis for Europe?

LNG spot prices have shot up since the Israel-Hamas conflict broke out, but European inventories are at all-time highs.

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

Shell's Brent Delta Topside offshore oil drilling rig platform.

Oil prices on rise amid Israel-Hamas war, Iran embargo call

Oil prices have risen to an extent following the start of the Israel-Hamas war, but further gains may be dependent on how the conflict plays out.

Octopus Energy's wind turbine in Glastonbury, June 13, 2023.

Morocco-UK Xlinks undersea power cable to generate 'real value': Octopus Energy

Octopus Energy CEO Greg Jackson said that it would help Morocco fight climate change.

Patrick Pouyanne, CEO, TotalEnergies 1

COP28 could allow oil industry to form coalition to cut emissions: TotalEnergies

TotalEnergies CEO and chairman Patrick Pouyanne said that national oil companies as well as public and private ones must join the group.

United Arab Emirates

Survivors fill up water from a tanker truck in their earthquake-hit village of Ineghede on September 17, 2023. Over a week since a 6.8-magnitude quake devastated parts of central Morocco, many worry that the dire living conditions and poor hygiene spell new threats for the survivors. The disaster killed nearly 3,000 people and injured thousands more when it hit in Al-Haouz province. (Photo by FETHI BELAID / AFP) (Photo by FETHI BELAID/AFP via Getty Images)

Morocco earthquake reconstruction to test government’s speed of execution

The speed and depth of Morocco's $11.7 billion reconstruction following the massive earthquake last month will have a huge impact on the economy and budget over the coming years.

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

Israeli oil platform extracting natural gas from Mediterranean Sea.

Israeli gas continues to flow despite Gaza conflict, but risks remain

A prolonged war might mean less exported gas to Egypt, and in turn less supply for Europe.

Amin Nasser Aramco

Renewable energy industry not ready to shoulder global demand, Aramco says

The boss of the world's largest oil company doubled down on investing more in oil and gas, despite Greta Thunberg and other climate activists protesting outside the conference he was speaking at in London.

A picture shows a view of the dried-up bed of the al-Kalal River in the city of Badrah, near the Iran border, on August 28, 2023. Iraq's drought reflects a decline in the level of waterways due to the lack of rain and lower flows from upstream neighboring countries Iran and Turkey.

Agriculture, business interests will continue to weigh on Iran’s water sector

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Harry McGuire Man Utd

Qatar pulls out of Manchester United acquisition race

The Qatari royal and banker had bid 5 billion pounds ($6 billion) for the British soccer club but further talks last week have broken down, the BBC reported Sunday.

A jewelry shop employee displays 24-carat gold bars in Ahmedabad, August 20, 2011.

Oil, gold climb amid Israeli-Hamas war, tighter Russian sanctions

One analyst predicts gold could reach $4,000 per ounce by year-end amid uncertainty caused by the Middle East conflict.