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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

US investment Middle East

How the US invests in the Middle East

In our latest PRO Trend Report, we take a deep-dive into American investment in the region and opportunities to expand it.

The German Navy corvette FGS Erfurt (F262) patrols as part of the United Nations peacekeeping force in Lebanon (UNIFIL) off Lebanon's southern town of Naqura close to the border with Israel on October 27, 2022 (Photo by MAHMOUD ZAYYAT/AFP via Getty Images)

TotalEnergies proceeds with gas exploration plans in Lebanon

Lebanon has been eagerly working with the French energy giant since reaching a historic maritime border agreement with Israel in October.

A general view dated 01 June 2004 of an oil installation in Saudi Arabia's northeastern Gulf port of Jubail. The United Arab Emirates (UAE) will increase oil output this month by 400,000 barrels per day (bpd) over its OPEC quota to help ease record prices, Oil Minister Obeid bin Saif al-Nassiri announced 02 June 2004. Nassiri spoke before departing for Beirut where the oil cartel holds a formal meeting tomorrow. Crude oil futures in New York surged 01 June to a record closing price of 42.33 dollars a barrel

Luberef, Aramco set tone for hot 2023 IPO listings in Gulf

Samuel Wendel

In Washington, DC, reporting on regional business and tech

FAYEZ NURELDINE/AFP via Getty Images

Saudi GDP growth continues on back of high oil prices

Saudi Arabia’s non-oil economy is also growing, boding well for its ambitious economic diversification projects.

Aramco stock

Saudi Arabia bucks global slump in IPOs

Despite a slowdown in IPOs in developed markets like the United States and Europe, due to the global economic downturn and stock market volatility, the MENA region and in particular Saudi Arabia are thriving.

A Lebanese national flag flies at half-mast in tribute to victims of a massive explosion in Beirut at the Lebanese embassy in Moscow, Russia, Aug. 5, 2020.

Lebanese expatriates face high passport fees

Many Lebanese expatriates abroad complain about the high fees of renewing passports.

Tamar drilling natural gas production platform is seen some 25 kilometers west of the Ashkelon shore in February 2013 in Israel.

Israeli gas sector strengthens with Chevron, Morocco deals

Israel is already exporting gas to Egypt and Jordan and is now eyeing greater energy ties with Morocco following the Abraham Accords.

A trailer truck filled with sand waits near a dock at the construction site of new residential towers on the Nile island of Warraq in Giza province, opposite the northern shore of Cairo, the slums of which are planned for development by the Egyptian government, Egypt, Aug. 31, 2022.

Egypt embarks on new plans to develop river transport on Nile River

Cairo has recently passed legal reforms to reorganize the river sector, which still remains marginal, in hopes this will catalyze much-needed private investments

ANDREA VERDELLI/AFP via Getty Images

China, Egypt establish civil body to promote mutual investments

The new Egyptian-Chinese Entrepreneurs Association will foster the growing economic relations between Cairo and Beijing as China intensifies its political activities with Washington’s allies in the Middle East.

US investment Middle East

How America invests in the Middle East

A man walks past OPEC headquarters on the eve of the 45th Meeting of the Joint Ministerial Monitoring Committee and the 33rd OPEC and non-OPEC Ministerial Meeting held Oct. 5, 2022, in Vienna, Austria.

Oil prices fall to lowest since January despite Saudi-backed production cut

The price decrease could be worrisome for Saudi Arabia and its investment plans.

Chinese President Xi Jinping (R) invites Saudi Arabia's King Salman bin Abdulaziz Al Saud (L) to view an honor guard during a welcoming ceremony inside the Great Hall of the People, Beijing, China, March 16, 2017.

Saudi, Chinese companies sign investment deals on renewable energy, cloud services during Xi’s visit

Xi Jinping’s trip to Saudi Arabia has focused largely on economic and energy ties so far.