UAE-China ink multibillion-dollar deals as ties grow

The United Arab Emirates and China are major trade partners and have strengthened cooperation in both finance and energy in recent months.

Legacy: Gulf

What does Saudi Arabia hosting of Expo 2030 mean for its economy?

Winning the rights to host the world fair follows news that the kingdom will likely host the 2034 FIFA World Cup, among several other major events.

Legacy: Gulf

Interview

IEA calls COP28 'big opportunity' to slash methane emissions

In an interview with Al-Monitor, the International Energy Agency's chief energy economist, Tim Gould, said the climate summit should focus on methane as well as climate finance for the developing world.

Tim Gould

Chief Energy Economist of the International Energy Agency

Unemployment will be true test of Morocco's government policies

Francisco Serrano

In Lisbon, reporting on North Africa business

Italy and Saudi Arabia in talks for major deals as ties grow under Meloni

The government of Italian Prime Minister Giorgia Meloni, which came into power in October 2022, has been working to deepen ties with energy- and cash-rich states in the Middle East and North Africa.

Saudi Arabia

As Israel’s economy slows, investors ask how long will Hamas war go on

Despite fears, previous periods of violence in Israel, Gaza and the West Bank showed the Israeli economy emerging stronger on the other side.

Israel

Israel-Hamas war looms over Saudi Arabia’s big bets on sports, entertainment and tourism

Samuel Wendel

In Washington, DC, reporting on regional business and tech

Middle East state oil firms ‘should set the tone’ for lowering emissions at COP28, IEA says

Chief energy economist Tim Gould said it was “a legitimate expectation that these companies should be doing more” to support the clean transition.

United Arab Emirates

Oil & gas industry must not hide behind carbon capture 'illusion,' says IEA

Some of the major carbon emitters have ambitious plans to capture greenhouse gases, but those alone won't be enough to help the planet avert a climate crisis, the agency warned.

United Arab Emirates

Analysis

What does US envoy Hochstein’s trip to Israel mean for Gaza’s offshore gas?

Gaza’s offshore gas field could provide revenue to the Palestinians, but the estimated amount of gas in the area is relatively small.

By Adam Lucente

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

What’s behind crash of Middle East diesel exports to Europe?

The Middle East is now considered a key source of diesel and other types of fuel for Europe after the European Union sanctioned Russia for its invasion of Ukraine in 2022.

Legacy: Gulf

What $6.9B China-Saudi currency swap means for Beijing’s efforts to globalize yuan

China’s increasing economic influence and the high price of the US dollar, which has increased amid increasing interest rates to tame inflation, have led some economies to switch to cheaper yuan-denominated transactions.

Saudi Arabia