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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

Participants attend the Abu Dhabi International Petroleum Exhibition and Conference, Abu Dhabi, Emirates, Nov. 11, 2019.

US, UAE sign clean energy partnership

The agreement unlocks $100 billion in financing.

Aramco exhibition section at the Misk Global Forum on innovation and technology held in the Saudi capital, Riyadh, on Nov. 13, 2019.

Saudi Aramco continues to reap big profits

The Saudi oil giant has been investing in futuristic technology as it benefits from high oil prices.

Samer Haj Yehia (screen), chairman of Israel's Bank Leumi, attends a panel on the third day of the annual Future Investment Initiative conference, Riyadh, Saudi Arabia, Oct. 27, 2022.

Informal ties grow between Israel, Saudi Arabia

With the current rift between Washington and Riyadh, every baby step in informal relations between Israel and Saudi Arabia counts.

Picture taken on Feb. 6, 2018, shows a person holding a visual representation of the digital crypto-currency Bitcoin,

Israeli cryptocurrency market attempts to catch up with global pace

An Israeli crypto firm becomes the first in the country to get a capital markets license.

Panelists including Jordan’s Finance Minister, Emirates NBD’s Chief Economist, and the International Monetary Fund (IMF) Middle East and Central Asia Department Director, discuss the IMF’s newly released Middle East and North Africa outlook report on October 31, 2022.

Middle East countries must do more to recover, say IMF event panelists

While oil producing countries are projected to benefit from a windfall due to high energy prices, for others the coming years "will be more challenging than ever."

(From L to R) Moderator Joha Simpson, BBC world affairs editor broadcaster, author and columnist, UAE Energy Minister Suhail Al Mazrouei, Omani Oil and Gas Minister Mohamed Al Rumhi and Bahrain's Oil and Gas Affairs Minister Mohammed Bin Khalifa Al Khalifa sit on a panel during the Abu Dhabi International Petroleum Exhibition and Conference), Abu Dhabi, Emirates, Nov. 7, 2016.

UAE warns against underinvestment in oil, gas at Abu Dhabi conference

The Abu Dhabi International Petroleum Exhibition and Conference also features more focus on decarbonization and hydrogen.

Vinifest returns to Lebanon with its first physical event since 2019, gathering dozens of wineries at the Beirut Hippodrome, October 2022.

Lebanon’s Vinifest returns as local wineries face uncertain future

The Middle East’s biggest wine industry showcase returns for its 13th edition with its first full physical event in three years, amid Lebanon's harsh economic conditions.

Tunisia economy

IMF loan unlikely to save Tunisia's economy

Funds from the global lender of last resort may be too little, too late.

Saudi Energy Minister Abdulaziz bin Salman Al Saud (L) and UAE's Minister of State and special envoy for climate change Sultan Ahmed al-Jaber.

Saudi Arabia to hold green forums in conjunction with COP27

Saudi Arabia will hold in November the second editions of the Middle East Green Initiative and Saudi Green Initiative summits in Sharm el-Sheikh, on the sidelines of the COP27, in what reflects the growing interest of regional countries to address the effects of climate change.

Twitter

Saudi prince to retain stake in Twitter after Musk takeover

Prince Alwaleed previously criticized Elon Musk’s plan to buy the social media giant, but later changed his tune.

Iranian men monitor the stock market at Tehran Stock Exchange on July 1, 2019. (Photo by ATTA KENARE / AFP) (Photo credit should read ATTA KENARE/AFP via Getty Images)

Tehran's stock exchange set to decline further amid ongoing unrest 

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Israeli new shekels.

Israel to work with France against money laundering, terror financing

The memorandum of understanding signed last week between Israel and France is just part of the very extensive battle championed by Israel’s Money Laundering and Terror Financing Prohibition Authority against criminal money laundering and financing of terror activities.