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Economy & Business

Foreign Ministry Spokesperson Lin Jian holds a press conference on Aug. 19, 2026.

China slams Trump over economic war on Iran: What to know

China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions.

Iranians drive past an anti-US billboard at Enghelab Square in central Tehran, Aug. 3, 2026.

Trump’s Iran ‘economic D-Day’ threat sends oil prices above $94

In a Truth Social post, the president threatened that any country that provides a financial lifeline to Iran will face "tremendous economic consequences."

AHMAD AL-RUBAYE / AFP via Getty Images

Explainer

Iraq seeks special Hormuz access from Iran in scramble to keep oil flowing

As Iran's parliament speaker holds talks in Baghdad, Iraq has asked Tehran for special consideration for its oil exports.

Latest News

Turkey looks to expand Syria energy footprint into oil, gas

President Ahmad al-Sharaa meets Turkish Energy and Natural Resources Minister Alparslan Bayraktar at the People’s Palace in Damascus, Syria, on Aug. 19, 2026.

Oil nears $92 on UAE missile alert as Trump claims Iran talks stuck

Leon Neal/Getty Images

United Arab Emirates

Explainer

What US sanctions on Syria remain as Shibani, Barrack hold talks?

RAMI AL SAYED/AFP via Getty Images

UAE billionaire Habtoor takes aim at Ben Gvir’s Gaza rhetoric

A picture take on Sept. 13, 2017, shows Khalaf Ahmad Al Habtoor, chairman of the Al Habtoor Group, attending the World Premiere of La Perle in Dubai.

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

Vanessa Ghanem

In Dubai, reporting on business, energy and politics

Francisco Serrano

In Lisbon, reporting on North Africa business

DXB chaos

Emirates suspends check-in as Dubai airport grapples with flood backlog

Amid the devastating floods that have paralyzed the UAE, Emirates suspending check-in for travellers with onward connections through Dubai Friday.

United Arab Emirates

NEW YORK, NEW YORK - JANUARY 09: The exterior of the new headquarters of Google is seen at 550 Washington Street in Hudson Square on January 09, 2024 in New York City. Designed by COOKFOX Architects, the 1.3-million-square-foot project involved the restoration and expansion of the St. John’s Terminal building along the Hudson River waterfront. (Photo by Michael M. Santiago/Getty Images)

Google fires 28 staffers after protesting Israel cloud contract

More than two dozen staff members have been fired after being arrested for protesting Google’s involvement in Project Nimbus, a $1.2 billion Israeli government cloud contract that also includes e-commerce giant Amazon.

Did Gaza protests force Algeria's first KFC restaurant to close?

Three days after opening its first branch in Algeria, KFC is facing protests over alleged support for Israel amid conflicting reports on its closure on Wednesday.

Dubai floods

Dubai floods bring travel to halt after heaviest UAE rainfall on record

The National Center of Meteorology said the downpour was the largest volume of rainfall the UAE has experienced since data collection started 75 years ago.

United Arab Emirates

VICTORIA VALDIVIA/Hans Lucas/AFP via Getty Images

Starbucks pledges $3M to World Central Kitchen for Gaza meals

The coffee giant has announced a large donation to the aid group World Central Kitchen, which lost seven of its staff members earlier this month in an Israeli airstrike.

ODD ANDERSEN/AFP via Getty Images

UK’s easyJet suspends Israel flights through October after Iran attack

Britain’s biggest low-cost airline has suspended all service to Israel following Iran’s unprecedented attack on the Jewish state over the weekend.

Michael M. Santiago/Getty Images

Microsoft pumps $1.5B into UAE's G42 amid US-China tech power struggle

Washington reportedly threatened to punish G42 if it did not reduce its ties with Beijing and strengthen its US commitments.

United Arab Emirates

LOIC VENANCE/AFP via Getty Images

Turkey: Meta temporarily shuts down Threads following government order

It remains unclear whether the platform will become available again in Turkey.

ROY ISSA/AFP via Getty Images

How Iran's attack on Israel is disrupting air traffic

The weekend's Iranian attack has massively disrupted air traffic across the region.

Turkish Treasury and Finance Minister Mehmet Simsek looks on before the press conference following the cabinet meeting held at the Presidential Complex in Ankara on August 21, 2023. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Can Turkey’s economic czar stick to belt-tightening after election loss?

The Turkish government hopes that its remaining four-year mandate will give it time to placate popular anger before the next polls.

von der Leyen/Sisi

EU releases another $1.06B to Egypt to boost fragile economy

The European Union's latest package of support for the North African country's economic recovery follows an $8 billion deal announced March 17.

Lufthansa aircraft parked in front of a hangar during a nationwide strike of Lufthansa ground employees, Frankfurt Airport, March 7, 2024.

Lufthansa extends Tehran flights ban as Iran-Israel tensions flare

The Middle East remains on high alert after a suspected Israeli airstrike killed seven senior Iranian commanders in Damascus April 1.