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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

A child watches as Jasmine (not pictured) paints amidst the rubble in the city of Jindires on Feb. 28, 2023, near Aleppo, Syria.

Protests in southern Syria as economy worsens

Syria’s economy is in tatters, and the removal of subsidies has led to relatively rare protests in government territory.

An employee works at a bakery selling baguettes in Tunis on August 7, 2023. (Photo by FETHI BELAID / AFP) (Photo by FETHI BELAID/AFP via Getty Images)

Head of Tunisia’s bakery owners union arrested amid bread crisis

President Kais Saied is targeting those he accuses of monopolizing flour amid an ongoing bread shortage.

Israeli soldiers walk near an Israeli Irone Dome defence system (L), a surface-to-air missile (SAM) system, the MIM-104 Patriot (C), and an anti-ballistic missile the Arrow 3 (R) during Juniper Cobra's joint exercise press briefing at Hatzor Israeli Air Force Base in central Israel, on February 25, 2016. - Juniper Cobra, is held every two years where Israel and the United States train their militaries together to prepare against possible ballistic missile attacks, as well as allowing the armies to learn to

US greenlights Israel's $3.5B sale of Arrow 3 air defense system to Germany

Germany has been trying to acquire the system for around a year now, with tension rising between Russia and NATO over the Ukraine war.

Saudi Crown Prince Mohammed bin Salman, right, welcomes Chinese President Xi Jinping.

Saudi Arabia, China sign $1.33 billion in housing deals

The Saudi-China Business Forum represents the latest sign of increased Chinese interest in Saudi Arabia.

A Royal Air Maroc (RAM) Boeing 787-9 'Dreamliner' aircraft lands at Israel's Ben Gurion Airport in Lod on March 13, 2022, after flying RAM's first scheduled commercial flight from Casablanca. - Royal Air Maroc took off from Morocco's economic capital Casablanca bound for Tel Aviv on March 13, in the carrier's first direct flight to the Jewish state since the two countries normalised ties in 2020. (Photo by JACK GUEZ / AFP) (Photo by JACK GUEZ/AFP via Getty Images)

Morocco to continue to attract likes of Boeing and Airbus as aeronautics industry grows

Morocco’s aeronautics industry has come a long way over the past decade.

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

This picture taken on Dec. 11, 2019, shows an oil tanker at the port of Ras al-Khair.

Saudi oil exports fall to 21-month low

The decline in the kingdom’s oil exports follows its production cuts as well as those of Russia. Saudi Arabia may face difficulties maintaining price stability moving forward.

Beirut airport

Offshore gas rig sets up in cash-strapped Lebanon

The arrival of the machinery marks a significant development for Lebanon, which hope gas exploration will revive its ailing economy.

AHMAD GHARABLI/AFP via Getty Images

Israel’s inflation drops to 3.3%, beating expectations

Inflation in Israel has dropped to 3.3% from 4.2% in June, even as analysts predicted it would rise in July.

JOHNNY BUGEJA/AFP via Getty Images

Iran’s oil exports to China hit 10-year high

Iran is growing politically and economically closer to China in light of US sanctions.

Then-Crown Prince of Abu Dhabi Sheikh Mohammed Bin Zayed Al Nahyan (C) with Indian Prime Minister Narendra Modi (R) and Indian President Pranab Mukherjee (L) before a ceremonial reception at the Indian President's house in New Delhi on Jan. 25, 2017.

How significant is India's first ever use of rupees for UAE oil payment?

Abu Dhabi National Oil Company (ADNOC) received the rupee payment of an undisclosed amount from Indian Oil Corp., according to an Indian Embassy statement acquired by Reuters.

United Arab Emirates

Borsa Istanbul

Moody’s upgrades outlook for Turkish banks amid economic U-turn

The US-based rating agency projected Turkey's economic growth to be 4.2% at the end of 2023, falling from 2022’s 5.6%.

MEDITERRANEAN SEA, ISRAEL - MARCH 28: In this handout image provided by Albatross, The Tamar drilling natural gas production platform is seen some 25 kilometers West of the Ashkelon shore on March 28, 2013 in Israel. The offshore Tamar drilling site which was originally dispatched from a shipyard in Texas at the end of last year is due to start producing natural gas next week. Over the past few years Israel has suffered from a shortage in natural gas, but with the new platform that weighs 34,000 tons and wi

Israel’s natural gas-export drive to get boost from new drilling licenses

With initial bids submitted in July to explore for new sources of natural gas, Israel has moved an important step closer towards a significant increase in production.

David Rosenberg

David Rosenberg

In Tel Aviv, reporting on business and tech