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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

This picture taken on Aug. 23, 2022 shows a view of the exterior of the headquarters of the Bank of Israel, the country's central bank, in Kiryat Ben-Gurion in Jerusalem.

Israel raises rates again as central bank expects inflation

Housing prices are also on the rise in Israel, and interest rates are now at their highest levels since 2008.

A man counts Turkish liras at a currency exchange office, Istanbul, Turkey, July 29, 2020.

Turkey's inflation slows most in December in a boost to Erdogan

Facing crucial elections in spring, the Turkish government is trying to take credit for curbing inflation, even though the steep decline in the annual rate owes mostly to a favorable base effect.

Norway wealth fund

Norway’s sovereign wealth fund considers ending all investments in Israel

Recent investigations by Norway’s Sovereign Wealth Fund into the activities of Israeli banks and companies in the West Bank could lead it to completely severing all investments in Israel.

Oman's Minister of Energy and Minerals Salim Al Aufi arrives for the 45th Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting in Vienna, Austria, on Oct. 5, 2022.

Interview

Oman banking on hydrogen, renewables in diversified energy strategy

In an exclusive interview with Al-Monitor, Oman’s energy and minerals minister is charting a course for affordable, sustainable energy and welcomes international investors.

Salim Al Aufi

Salim Al Aufi

Oman Minister of Energy and Minerals

An aerial view shows the Central Business District (Ruwi) in the Omani capital Muscat on April 9, 2021. (Photo by Haitham AL-SHUKAIRI / AFP) (Photo by HAITHAM AL-SHUKAIRI/AFP via Getty Images)

Oman to backpedal on key reforms in favor of social stability

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

Iran market

Iran central bank governor resigns amid currency crisis

The Islamic Repubic named a new governor for its central bank and arrested currency brokers, as the rial nosedived to the lowest rates ever recorded.

Saudi fans react as they watch on a screen the Qatar 2022 World Cup Group C football match between their national team and Mexico, at the Marsool Park in Riyadh, on November 30, 2022. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Saudi Arabia’s sports ambitions take center stage as MENA countries eye 2030 World Cup

Samuel Wendel

In Washington, DC, reporting on regional business and tech

TALANT KUSAIN/AFP via Getty Images

Abu Dhabi logistics firm expands into Kazakhstan

The Central Asian country has important strategic value for Iran, Turkey and other countries in the region.

JACK GUEZ/AFP via Getty Images

Israel expected to increase natural gas drilling in 2023

Faithful to his past energy policies and on the backdrop of the global energy crisis, Prime Minister-designate Benjamin Netanyahu is likely to expand exploration for natural gas off Israel's shores.

Nishimura

Japan strengthens energy ties to Saudi Arabia, Oman

Oman wants to increase its natural gas exports, and Saudi Arabia continues to show interest in clean energy and carbon capture technology.

Shoppers walk past jewellery shops in the Taiba gold market in the capital Riyadh on June 29, 2020, after authorities announced a 10% increase in the VAT rate, to reach 15%, starting from first of July. (Photo by FAYEZ NURELDINE / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

Gulf tax landscape ushers in a new era

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

A photograph taken in Dubai on January 4, 2022 shows the world's highest skyscraper Burj Khalifa. (Photo by GIUSEPPE CACACE/AFP via Getty Images)

2022 in review: Reforms, Ukraine war drive boost in UAE’s real estate market

Improved regulatory policies and diplomatic measures amid the Ukraine war have welcomed foreign direct investment and boosted the UAE real estate market in 2022 above the global average. 