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Economy & Business

People walk past a cryptocurrency exchange office with a screen featuring US President Donald Trump holding cryptocurrency coins in Hong Kong on March 12, 2025.

Trump earns $810M from UAE-backed crypto firm: What to know

According to the disclosure, Trump earned $810 million from crypto token sales and sales of interests in UAE-backed World Liberty Financial.

United Arab Emirates

Omar Albaw / Middle East Images / AFP via Getty Images

Kuwait's Zain eyes $1.5B mobile network in postwar Syria: What to know

The Kuwaiti company is planning to invest more than $1.5 billion in Syria after securing a license to operate there, Bloomberg reported Tuesday.

AHMAD AL-RUBAYE / AFP via Getty Images

Here's what to know about Iraq's corruption as Zaidi launches crackdown

Watchdogs and financial institutions regard Iraq as a significantly corrupt country as the new prime minister works to recover public funds.

Latest News

Traffic plummets through Strait of Hormuz after Iran, US trade fire

AFP via Getty Images

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Olivier Badard

CEO of Armada Holding

Analysis

Why the Hormuz oil shock never became an energy catastrophe

A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Port Sultan Qaboos in Muscat, Oman, June 19, 2026.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Explainer

Gulf states push incentives for investors, expats after war dents image

FADEL SENNA/AFP via Getty Images

United Arab Emirates

Samuel Wendel

Senior Market Research Analyst

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

Cranes and containers are pictured on November 12, 2014, in the Tunisian port city of Rades. The World Bank said in a report published last September that Tunisia's economic model of manufacturing for exports and protecting the domestic market was valid in the 1970s but since then had hindered progress. AFP PHOTO / FETHI BELAID (Photo credit should read FETHI BELAID/AFP via Getty Images)

New PRO Memo: Tunisia’s potential IMF deal to boost manufacturing investments

The loan could provide much-needed economic balance for Tunisian manufacturers.

Saad Sherida al-Kaabi (R), Qatar's energy minister and CEO of QatarEnergy, and Ryan Lance (L), CEO of multinational corporation ConocoPhillips, exchange documents during a press conference announcing a new deal, Doha, Qatar, Nov. 29, 2022.

Qatar signs deal to sell Germany natural gas

The agreement demonstrates the continued significance of Qatar's natural gas, despite pressure to transition to renewable energy.

A general view of Saudi Aramco's Abqaiq oil processing plant on September 20, 2019.

The Gulf Briefing: swapping petrodollars for assets

In this weekly newsletter, Sebastian Castelier rounds up the biggest stories from the Gulf region.

An employee prepares a basket of groceries at the storage department of the Algerian delivery company Yassir, in the capital Algiers on Feb. 23, 2022.

Venture funding in Maghreb region gets facelift

As the number of startups in the Maghreb region increases and venture funding experiences a meteoric rise, the region is gradually taking a visible spot in the MENA startup ecosystem.

Cranes and containers are pictured on November 12, 2014, in the Tunisian port city of Rades. The World Bank said in a report published last September that Tunisia's economic model of manufacturing for exports and protecting the domestic market was valid in the 1970s but since then had hindered progress. AFP PHOTO / FETHI BELAID (Photo credit should read FETHI BELAID/AFP via Getty Images)

Tunisia’s potential IMF deal to boost manufacturing investments

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

ANIS MILI/AFP via Getty Images

Tunisia import restrictions to hinder trade with EU

European and Tunisian economic observers are concerned over new technical measures for clearing imports into Tunisia that could limit imports that support Tunisia’s industries and trade.

ODD ANDERSEN/AFP via Getty Images

Saudi Arabia unveils plan for new Riyadh airport

Saudi Arabia’s current airport in Riyadh does not see nearly the amount of traffic that Dubai and Doha do.

Artificial island

Egypt to build city on artificial island to protect Alexandria

The plans for the first city on an artificial island in the Mediterranean Sea represent a bid to mitigate the devastating effects of climate change on the Delta.

Completed customer orders are seen in their boxes, awaiting delivery, at the Amazon Fulfillment Center.

Amazon to open online grocery store in UAE

The US retail giant has also been in the news regarding Saudi Arabia and Egypt recently.

United Arab Emirates

Iran market

Inflation continues to rise in Iran

Inflation may be higher than the government is letting on due to US sanctions and government fiscal policy.

Traders follow the movement of stock prices at the Boursa Kuwait (Kuwait Stock Exchange) in Kuwait City on March 2, 2022.

Kuwait benefits from oil price boom but long-term economic challenges loom

Key reforms and a lack of a diversified economy remain only two of Kuwait's major challenges.

Getty

Israel agrees for Qatar to drill in Lebanese maritime gas field

After agreeing for TotalEnergies and Eni to go ahead with exploration drilling at the Lebanese cross-border Kana-Sidon reservoir, Israel has approved the Qatari Energy Consortium to buy the drilling rights.