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Economy & Business

A Syrian Air passenger jet lands at Aleppo airport on March 18, 2025, the first aircraft to land after it was shut during the offensive that toppled former President Bashar al-Assad.

Syrian Airlines expands Europe comeback with Vienna, Copenhagen flights

Syrian Airlines currently flies to 14 destinations across eight countries, with four additional routes planned.

BAY ISMOYO / AFP via Getty Images

China warns US not to interfere with Iran trade: What to know

China's Foreign Ministry said Beijing was firmly opposed to what it called “illegal unilateral sanctions” and would take “all necessary measures” to safeguard its rights.

Lebanese Presidency

Large UAE delegation set to arrive in Lebanon in major investment push

A large Emirati delegation of around 70 business leaders and government officials is heading to Beirut, in the latest sign of thaw between the United Arab Emirates and Lebanon.

France's President Emmanuel Macron and Saudi Arabia's Crown Prince Mohammed bin Salman shake hands

France, Saudi Arabia announce more than $10B in deals on MBS visit

Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris.

Latest News

Oil falls 1.8% as traders await 'toughest' sanctions on Iran

Leon Neal/Getty Images

Analysis

UAE-Iran trade relationship becomes key test of Trump’s wartime strategy

Khor Fakkan Container Terminal

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

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

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

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

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

ANGELA WEISS/AFP via Getty Images

Saudi sovereign wealth fund invests in US mixed martial arts league

The new area of sports investment follows major Saudi investments in golf and soccer.

Sheikh Mohammed bin Radhid Al-Maktoum 1

UAE’s non-oil trade hits record $340B in first half of 2023

Trade is set to increase after the BRICS bloc of major developing economies announced last week that the United Arab Emirates was among the list of countries invited to join the group.

United Arab Emirates

Employees work at headquarters housing Alibaba, Iran's largest online travel booking service, in the capital Tehran on February 17, 2020 - Iran's startup sector, which began to develop in the 2000s, took off from 2013. But new technology and the use of smart phones were hit hard by the reinstatement of US sanctions in 2018, after the United States withdrew from the Iran nuclear deal. An unexpected effect of the sanctions has been that Iranian entrepreneurs have seized the opportunity to launch startups. (Ph

Iran's startups will continue to face pressure from hardline agenda

The security establishment has recently targeted entrepreneurs and entities in the country's startup ecosystem — but how far are Iran's hardliners prepared to go and what will be the reaction of constituents?

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Tarek El Molla

Egypt to drill 35 gas wells by 2025 as BP invests

The energy giant pledged $3.5 billion in investment into gas exploration in Egypt over the next three years.

Aramco

Saudi Arabia’s foreign reserves shrink by $16B in July amid oil cuts

The kingdom’s net foreign assets declined to 1.53 trillion riyals ($407 billion), according to the central bank’s monthly report published on Monday.

A man walks by Tadawul, Saudi Arabia's stock exchange, Riyadh, December 12, 2019.

Saudi Arabia’s ADES to launch IPO

ADES rebooted its plans for an initial public offering, having delayed it earlier in the year after the kingdom’s stock exchange experienced difficulties.

ADEM ALTAN/AFP via Getty Images

Turkey, Saudi Arabia ink critical mineral cooperation deal

Green energy investments will have an important share in cooperation between Turkey and Saudi Arabia, said the Turkish energy minister.

Flags of (L to R) South Africa, Brazil, Russia, India and China during the 2023 BRICS Summit at the Sandton Convention Centre, Johannesburg, August 24, 2023.

Will BRICS throw a lifeline to dollar-strapped Egypt?

Economists believe BRICS membership will give Egypt a chance to ease pressure on the dollar, but is not a quick remedy for the country’s economic woes

Changing climate conditions and the need to secure water resources has led Morocco to add another 18 dams to its current network of 152, which includes the Abdelmoumen dam, some 37 miles from the coastal city of Agadir, shown here, October 23, 2020.

Drought puts Morocco’s water infrastructure projects into overdrive

Morocco’s budget for water infrastructure is rising as desalination and dam projects advance amid droughts and increasing international partnerships.

Saudi stock

Analysis

Tadawul posts losses but Saudi markets remain fundamentally strong

'A bit of a correction' sheds some prior gains on the Saudi stock index, but professionals see reasons to keep investing in the kingdom.

Harry Clynch

By Harry Clynch

In London, reporting on Middle East economics

ADEM ALTAN/AFP via Getty Images

Turkey ends lira protection scheme as banks tally up damage

With Turkey’s inflation on course to hit 70% by the year-end, the plan to convince depositors to shift to regular deposits with yields well below the inflation rate appears unviable.

Nassr's Portuguese forward #07 Cristiano Ronaldo shoots during the AFC Champions League playoff football match between Saudi's Al-Nassr and UAE's Shabab Al-Ahli at the King Saud University Stadium in Riyadh on August 22, 2023. (Photo by Yazid al-Duwihi / AFP) (Photo by YAZID AL-DUWIHI/AFP via Getty Images)

Saudi Arabia’s soccer spending spree reshapes Middle East sports sector

The kingdom is gunning to become a professional sports powerhouse.