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Economy & Business

UAE President Sheikh Mohamed bin Zayed and Manchester City's Emirati owner and UAE Vice President Sheikh Mansour bin Zayed

Analysis

How Manchester City fallout tests Gulf’s global investment model

The Premier League’s historic financial misconduct ruling against the Emirati-owned club has sparked a media firestorm and experts say fallout could extend beyond the pitch to impact Gulf investment in sports and other industries.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A Boeing 787-9 Dreamliner aircraft of Saudi airline Riyadh Air is pictured on the tarmac at King Khalid International Airport, Riyadh, Saudi Arabia, June 7, 2026.

Explainer

What Houthi airport attacks mean for Saudi Arabia’s aviation ambitions

The kingdom has spent recent years pouring billions into a new airline and airport infrastructure amid efforts to compete with established Gulf travel hubs.

Guests attend the 25th WPC Energy Congress, Riyadh, Saudi Arabia, Oct. 12, 2026.

Saudi Arabia outlines oil export plans amid escalating Houthi attacks

Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis.

Cars drive past the gates of King Khalid International Airport in Riyadh on Sept. 19, 2026.

Riyadh’s skies remain unsettled after deadly Houthi strikes

Saudi authorities confirmed Friday that Thursday’s first attack struck airport facilities and the second hit a Saudia aircraft.

Latest News

Riyadh airport issues travel alert as Yemen's Houthis claim fresh attack on Saudi Arabia

Travelers queue to check in their luggage at the terminal at King Khalid International Airport in Riyadh, on March 10, 2026.

Iraq devalues dinar 13% as Hormuz disruption hits oil revenue

A man walks past a closed foreign exchange office in Baghdad on October 7, 2026. Iraq's central bank devalued the dinar currency against the dollar on October 7, with the country facing a deepening crisis brought on by the Middle East war. (Photo by AHMAD AL-RUBAYE / AFP via Getty Images)

Explainer

Rubio says Iran ‘lost’ Hormuz. Has it?

U.S. Secretary of State Marco Rubio speaks at the Pnyx hill, where ancient Athenians held democratic assemblies, with the ancient Parthenon temple atop the Acropolis seen in the background, in Athens on October 7, 2026. (Photo by Mark Schiefelbein / POOL / AFP via Getty Images)

Flights continue in Saudi Arabia despite Houthi attacks, airspace threats

Travelers consult the departures screens at the terminal at King Khalid International Airport in Riyadh, on March 10, 2026.

Samuel Wendel

Senior Analyst, Middle East Business & Tech

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

The 142-meter luxury yacht Nord, reportedly owned by Russian tycoon Alexei Mordashov, arrives in the far eastern city of Vladivostok on March 31, 2022.

UK sanctions UAE network accused of helping Russia make gold profits

The new sanctions announced by the UK Foreign Ministry target 29 individuals and companies operating in and supporting Russia’s gold, oil and strategic sectors.

United Arab Emirates

Smoke rises in northern Gaza during Israeli shelling

Israel-Hamas war pivotal moment for Abraham Accords 

Although there are some who believe the Accords could be a casualty of the war, unwinding them isn’t so simple.

Samuel Wendel

In Washington, DC, reporting on regional business and tech

AFP via Getty Images

Saudi Arabia’s PIF in talks to inject $250M into Chinese car maker

The kingdom is looking to develop its electric vehicle market as its economy diversifies away from oil.

ADEM ALTAN/AFP via Getty Images

Turkey returns to dollar bond market as Erdogan shifts approach

The Turkish government has made several fiscal policy changes since the president's reelection in May in an effort to win back investors and address economic problems.

Saudi energy minister Prince Abdulaziz bin Salman

Oil prices rise after Saudi Arabia, Russia extend output cuts

The Kingdom has maintained its oil output cut of 1 million barrels per day since July in an attempt to stabilize the market and prop up prices amid weakened demand.

A Russian flag raised at the Russia Embassy in Washington, DC, April 15, 2021.

US sanctions UAE, Turkey, China firms for allegedly aiding Russia in Ukraine

The move targets the development of Russia’s defense and technology sectors and aims to weaken it in its war against Ukraine.

United Arab Emirates

One-hundred Turkish lira notes on display at a currency exchange in Kuwait City, August 12, 2018.

Turkey’s inflation slightly eases in October, remains above 60%

Following three months of increases, Turkey’s year-on-year inflation slightly eased last month.

Burak Kara/Getty Images

Turkey raises year-end inflation forecast to 65%, amid economic headwinds

The projection has been raised from 58% in July due to weakening global economic activity and oil volatility.

An elderly woman stands with an Israeli flag next to another holding a sign showing the faces of young Israeli hostages held by Palestinian militants since the October 7 attack near Azrieli Mall in Tel Aviv on October 18, 2023. (Photo by AHMAD GHARABLI / AFP) (Photo by AHMAD GHARABLI/AFP via Getty Images)

Israel's economic rebound hinges on a limited conflict

A long war with Hamas followed by a re-occupation of Gaza would send Israel into recession and have long-term effects on foreign investment, the government’s fiscal position, and consumer and business confidence.

David Rosenberg

David Rosenberg

In Tel Aviv, reporting on business and tech

Sultan Al Jaber, COP28 president, speaks at the Plaza Hotel, New York City, Sept. 19, 2023.

COP28 host UAE, EU and US call for agreement to triple renewables by 2030

Barbados, Chile, Kenya, Micronesia, the International Energy Agency and the International Renewable Energy Agency also support the move.

United Arab Emirates

QatarEnergy

Saudi Aramco, QatarEnergy, UAE’s Emirates among Fortune Arabia top 10

The list of 500 companies from 22 Arab countries posted around $1.6 trillion in revenues in 2022, yielding a net profit of $343 billion.

Riyadh

Saudi Arabia's oil cuts weigh heavy on economy, GDP tanks by 4.5%

The kingdom's economy shrunk by the most since the COVID-19 pandemic in 2020 due to energy measures.