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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

JOE KLAMAR/AFP via Getty Images

At OPEC, Saudi Arabia defends oil cuts with Russia despite mild market reaction

The kingdom's energy minister called for more industry transparency, despite several news organizations being prohibited from reporting on the OPEC conference he was speaking at.

Sheikh Mohammed bin Radhid Al-Maktoum

UAE establishes investment ministry, forms EV and green policies

Sheikh Mohammed bin Rashid Al Maktoum, the UAE Prime Minister and Ruler of Dubai, chaired a high-level cabinet meeting in Abu Dhabi on Monday and formed the country's Ministry of Investment.

United Arab Emirates

Zach LaVine (#8) of the Chicago Bulls goes up for a layup against Daniel Gafford (#21) of the Washington Wizards.

Analysis

After Saudi golf merger, will Qatar’s entry into NBA change US sports?

The Qatari Investment Authority’s bid to purchase stakes in Washington’s professional basketball and hockey teams could boost Qatar’s image and influence in the United States and coincides with similar moves by Saudi Arabia.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

ISTANBUL, TURKEY - JUNE 23: People walk past a currency exchange shop on June 23, 2023 in Istanbul, Turkey. The Turkish Lira weakened to a record low of 25.74 against the dollar, a day after the central bank hiked interest rates from 8.5 percent to 15 percent in the first rate decision since the appointment of new central bank governor Hafize Gaye Erkan and the re-election of President Recep Tayyip Erdogan last month. (Photo by Chris McGrath/Getty Images)

Turkish lira outlook: Policy shift indicates progress, but bolder rate hikes needed for investor confidence

The recent rise in interest rates in Turkey could potentially signal a turning point for the Turkish lira.

Piero Cingari

A picture shows the Iranian South Pars quarter one (SPQ1) gas platform in the Gulf near Qatar's territorial waters on Jan. 26, 2011.

Kuwait rejects Iran's drilling plans in disputed gas field in Gulf

Kuwait and Saudi Arabia have a longstanding dispute with Iran over the Durra gas field. The recent disagreement follows improvement in Iran's relations with both countries.

Iraq's Foreign Minister Fuad Hussein (R) shakes hands with his Saudi counterpart, Faisal bin Farhan Al Saud, in Baghdad on Feb. 2, 2023.

Saudi Arabia, UAE invest $6 billion in Iraq operations

The United Arab Emirates and Saudi Arabia will join together to boost trade and commerce in Iraq.

Saudi Arabia's Minister of Energy Abdulaziz bin Salman looks on during a press conference after the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting, Vienna, Austria, Oct. 5, 2022.

Saudi Arabia extends oil production cut in attempt to increase prices

Russia also moved to tighten supply, announcing it would reduce oil exports to 500,000 bpd in August.

ROMAN ROMOKHOV/AFP via Getty Images

Analysis

US sanctions on UAE Wagner Group affiliate could impact Libya operation

A brief mutiny in Russia last weekend by the Wagner Group has shifted the spotlight back on the mercenary organization.

In Bristol, reporting on regional business, climate change, AI, tech

Technicians work at the headquarters of the Israeli company 1MRobotics.

Analysis

How Israel’s government can ensure tech sector recovery

Data shows that fundraising for Israeli technology firms fell more than 65% in the second quarter from over $5 billion in the same period in 2022.

In Bristol, reporting on regional business, climate change, AI, tech

Oil rig in California

Oil prices reach fourth quarterly decline on fears of economic slowdown

Benchmark Brent crude futures for September were up 82 cents, or 1.1%, at $75.33 a barrel on Friday.

Russian Foreign Minister Sergei Lavrov and his Iranian counterpart Hossein Amir-Abdoulahian hold a joint press conference following their talks in Moscow on March 29, 2023.

Iran to become full member of Shanghai alliance: Russian FM

Gulf states are also seeking to join China and Russia in the Shanghai Cooperation Organization.

Man United Man City

Qatari royal could be overpaying by $3.16B for Manchester United

The sale has reportedly been delayed because of disagreements between the six siblings of the Glazer family, the current owners of the British soccer club.