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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

A man rolls a cigarette of processed tobacco leaves, Jalamah, Aleppo province, Syria, Sept. 5, 2023.

Egypt pushes privatization, sells tobacco company stake to UAE buyer

The Egyptian government agreed last year to privatize state assets, boost exports and increase foreign direct investment in exchange for a $3 billion loan from the IMF.

Aermacchi MB-339 trainer aircraft of the Fursan al-Emarat (UAE Knights) aerobatics team release smoke as they fly over during the Dubai Airshow at Dubai World Central, Al-Maktoum International Airport, Nov. 14, 2023.

Russia and China big participants at Dubai Airshow

At this year's event, the UAE is balancing friendly relations with the United States as well as with China and Russia, including via the BRICS alliance.

Cargo ships unload imported goods in the Tunisian port city of Rades on November 12, 2014. The World Bank said in a report published last September that Tunisia's economic model of manufacturing for exports and protecting the domestic market was valid in the 1970s but since then had hindered progress. AFP PHOTO / FETHI BELAID (Photo credit should read FETHI BELAID/AFP via Getty Images)

Tunisia-EU economic links to prevail over political tensions

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

A general view shows the headquarters of Bahrain-domiciled asset manager Investcorp in the capital Manama on April 18, 2022. (Photo by Mazen Mahdi / AFP) (Photo by MAZEN MAHDI/AFP via Getty Images)

In first, Bahrain asset manager targets up to $550 million in China yuan fund

Gulf buyers have announced 13 acquisitions of public and private Chinese companies so far in 2023, compared to just one in the same period of last year, according to data compiled by LSEG.

This photograph taken on June 9, 2023, shows the Central Bank of Turkey, in Ankara.

Turkey reports account surplus amid fiscal policy changes

Turkish bonds may also become more attractive, according to a top bank, as Turkey’s new economic leaders raise interest rates and end unpopular policies.

GIUSEPPE CACACE/AFP via Getty Images

Emirates, Flydubai top orders at Dubai Air Show as China's J-10 makes debut

Middle Eastern carriers were out in full force on the opening day of the five-day air show at Al Maktoum Airport at Dubai World Central.

United Arab Emirates

Tamar platform

Chevron resumes gas supplies from Israel’s Tamar field after Gaza war halt

The US energy giant was ordered to shut down the field for security reasons after the outbreak of the Israel-Hamas war.

An employee walks on the Expedient regasification ship, anchored off the coast of Israel in the Mediterranean Sea on February 26, 2015, as natural gas began flowing from the vessel, hired by the Israel Electric Corporation, to its power stations. The ship, anchored about ten kilometres from the Hadera coast, was connected the previous week to the marine buoy and as of February 25, natural gas has begun flowing from the LNG (liquid natural gas) ship through an underwater pipeline directly to the company's po

Can the East Med gas hub remain with Israel at its center?

In Washington, DC, reporting on regional energy

UAE gas

EU wants COP28 host UAE to contribute to climate fund: report

The Bloomberg report comes ahead of the annual UN climate change conference that will kick off in Dubai later this month. The UAE is working to address climate change while also remaining committed to oil and gas.

KARIM SAHIB/AFP via Getty Images

EU says UAE will restrict certain re-exports to Russia amid Ukraine war

The United Arab Emirates has agreed to restrict the re-exportation to Russia of "dual-use" items used for its war in Ukraine, and Turkey is reportedly considering a similar measure.

United Arab Emirates

Iranians shop for fruits at a market in Tehran on November 21, 2019. (Photo by STR / AFP) (Photo by STR/afp/AFP via Getty Images)

Can food security help forge Iran-GCC ties?

Shifting attitudes to food security have the potential to turn the agricultural and food sectors into the main platform for greater trade and investment between the Gulf Cooperation Council (GCC) and Iran.

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

An Emirates Airlines plane lands at Dubai International Airport in Dubai on Oct. 17, 2023.

Emirates Group posts record $2.7B half-year profit as Gulf travel recovers

Gulf airlines have largely recovered from the COVID-19 pandemic, though the war in Gaza could threaten tourism in the region.