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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

This picture taken on March 7, 2021 shows an Israeli El Al Boeing 787-8 Dreamliner aircraft.

In radical shift, Israel's El Al airline in talks to buy Airbus planes

El Al is in "serious" talks with Airbus to purchase new planes but continues to negotiate with Boeing as well.

ADEM ALTAN/AFP via Getty Images

Turkey logs $674M account surplus, breaking 20 month deficit

Turkey posted a current account surplus in June for the first time since October 2021.

Turkish Airlines

Turkish Airlines posts $635m Q2 profit, capacity exceeds pre-COVID levels

While global airlines lost nearly $170 billion to the 2020 pandemic and the industry as a whole still is not making a net profit, Turkish Airlines managed to make $2.7 billion in profit in 2022.

Egypt food market

Egypt’s headline inflation hits all-time high of 38.2% in July

Surging food prices helped July’s headline inflation numbers break the record of 36.8% in June.

Riad Salameh

Riad Salameh, Lebanon's ex-central bank chief, hit with US sanctions

In addition to Riad Salameh, the Treasury Department imposed sanctions on his family members and assistant.

This picture taken on March 13, 2020 shows an aerial view of low-rise luxury housing in the residential suburb of Madinaty, some 40 kilometres east of the centre of Egypt's capital Cairo. (Photo by Khaled DESOUKI / AFP) (Photo by KHALED DESOUKI/AFP via Getty Images)

Egypt’s real estate shows strong fundamentals amid economic turmoil, but risk remains

The Egyptian government announced in mid-July that it had begun the procedures to allow foreigners to own as many properties in the country as they want, revoking the existing cap of two.

Marc Español

A picture shows the headquarters of UAE's state oil company ADNOC in Dubai on July 27, 2022.

UAE's ADNOC to expand gas processing with $3.6 billion contract

ADNOC Gas announced it would award the contract to a joint venture between ADQ state-fund-owned National Petroleum Construction Company and Spain’s Tecnicas Reunidas.

United Arab Emirates

AFP via Getty Images

Iran says daily oil output to hit 3.5M barrels in September

Iran's oil output will reach 3.5 million barrels per day by Sep. 22, the state-run news agency reports.

The sun sets behind road lamps along a highway in El-Shorouk.

Egypt’s power cuts persist amid heat, declining natural gas production

Egypt wants to export more natural gas, including in cooperation with neighboring Israel, but domestic production is declining amid the government’s efforts to reduce consumption.

From Beijing to Chengdu, UAE’s ENOC establishes first China jet fuel network

The Dubai government-owned oil and gas company said the expansion will extend to strategic cities including Beijing, Shanghai, Guangzhou, Shenzhen and Chengdu.

United Arab Emirates

A picture shows the headquarters of UAE's state oil company ADNOC in Dubai on July 27, 2022.

International business development is next challenge for UAE's ADNOC

The Abu Dhabi National Oil Company (ADNOC) has a range of corporate objectives, including oil production growth, self-sufficiency in natural gas and a net zero emissions target by 2045.

Gerald Kepes

In Washington, DC, reporting on regional energy trends

A man stands in front of Argentina's Central Bank in Buenos Aires, on May 15, 2023.

Qatar loans Argentina $775 million to repay IMF

Qatar continues its practice of assisting financially strapped countries by providing a loan to Argentina, which is also planning to use the yuan to purchase Chinese imports.