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Economy & Business

gas station in Cairo, Egypt

Eni presses ahead with Egypt gas projects as war raises investment risks

Egyptian President Abdel Fattah el-Sisi met with Eni CEO Claudio Descalzi on Tuesday, with the Italian energy giant revealing it could make a crucial investment decision in coming months.

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.

Latest News

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

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

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.

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 Barbados-flagged ship"Nord Vind" coming from Ukraine loaded with grain is anchored for inspection in Istanbul, on Oct. 11, 2022.

Turkey imposes 130% tariff on grain imports

The move follows a tariff on electric vehicles and comes ahead of Turkey’s crucial elections.

A sign advertises the money transfer service Western Union on January 11, 2018 in Berlin, Germany. Much of the German financial services, consumer goods and foodstuffs economy is dominated by nationwide chains and brands. (Photo by Sean Gallup/Getty Images)

Western Union shuts services in Sudan's Khartoum 'until further notice'

The international money transfer service said its agents were unable to operate safely and securely in the restive country.

The Horn of Africa

The local government headquarters of Sudan's Red Sea State is pictured in Port Sudan on April 18, 2023. (Photo by AFP) (Photo by -/AFP via Getty Images)

Sudan conflict poses credit risk to economies in region: Moody’s

The credit agency warned that the fighting had shut down the Sudanese economy and could leave multilateral development banks exposed.

The Horn of Africa

An Iranian man works at an oil facility in the Khark Island, on the shore of the Gulf, on February 23, 2016. - Iran's Oil Minister Bijan Namdar Zanganeh dismissed an output freeze deal between the world's top two producers Saudi Arabia and Russia as "a joke", the ISNA news agency reported. (Photo by AFP) (Photo by STR/AFP via Getty Images)

Iran and GCC verge upon new era of oil ties

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

A picture shows a view of the SEA EAGLE, a vessel that reportedly left Ukraine with a cargo of wheat, anchored in Port Sudan on the Red Sea coast, on Sept. 9, 2022.

What's at stake for China in Sudan as fighting drags on?

China’s economic interests, deep-rooted diplomatic relations with Khartoum, leaves Beijing worried about instability in Sudan and the Horn of Africa.

Cruise ship A Sara is moored on the Nile River, where 45 suspected COVID-19 cases were detected and evacuated two days prior, Luxor, Egypt, March 9, 2020.

Egypt charges tourist ships in dollars as greenback crisis spirals

Egypt commits tourist boats arriving in its ports to pay in US dollars amid a tough dollar shortage crisis in the populous country.

Ukraine and Iraq foreign ministers

Analysis

What role will Middle East play in Ukraine's post-war reconstruction?

Since Russia invaded Ukraine in February 2022, there has been a raft of commitments from Western allies to help rebuild the war-torn state, but few from the Middle East.

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

Lawyer and businesswoman Sofana Dahlan poses for a photo in her office at Tashkeil on June 21, 2018 in Jeddah, Saudi Arabia.

Saudi Arabia poised to become the Gulf’s most competitive e-commerce market

The UAE has long been the Gulf’s most dynamic e-commerce market, a hub for industry players from Amazon to Uber. But Saudi Arabia’s digital economy is developing rapidly and could soon overshadow its smaller neighbor.

Samuel Wendel

In Washington, DC, reporting on regional business and tech

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the Israeli northern coastal beach of Nasholim, on August 29, 2022. (Photo by JACK GUEZ / AFP) (Photo by JACK GUEZ/AFP via Getty Images)

Israel gears up to begin natural gas exports to Europe

David Rosenberg

David Rosenberg

In Tel Aviv, reporting on business and tech

Hassan Abdallah Egypt Central Bank Governor

Egypt’s debt crisis impacts other African credits, Goldman Sachs warns

As bond yields rise in Egypt, so have yields for sovereign bonds for Angola, Kenya, Nigeria and Senegal.

The Crown Prince of Abu Dhabi General Sheikh Mohammed Bin Zayed Al Nahyan (L) walks with Indian Prime Minister Narendra Modi ahead of a meeting in New Delhi on January 25, 2017. The Crown Prince of Abu Dhabi General Sheikh Mohammed Bin Zayed Al Nahyan is on an official visit to India and will be the guest of honour at the country's forthcoming Republic Day celebrations. / AFP / Money SHARMA (Photo credit should read MONEY SHARMA/AFP via Getty Images)

US, India, UAE, Israel announce creation of I2U2 joint business coalition

The new coalition will see officials and business councils from the four countries collaborate to attract private sector partners to the I2U2 initiative.

Manchester United's French striker Anthony Martial (L) competes for the ball in the Forest goalmouth during the English Premier League football match between Nottingham Forest and Manchester United at The City Ground in Nottingham, central England, on April 16, 2023. (Photo by DARREN STAPLES / AFP) /

Qatar's Sheikh Jassim still confident in Manchester United takeover bid

The son of a former Qatari emir is reportedly still assured that his debt-free bid to take over the soccer club will succeed, despite an ESPN report suggesting that the current owners, the Glazer brothers, will now stay put.