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Economy & Business

An attendee walks past signage displayed inside the venue for the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 14, 2026. (Photo by ANTHONY WALLACE / AFP via Getty Images)

Syria to rejoin Arab group at IMF, leaving Russian-led constituency

Syria will rejoin the Arab constituency at the International Monetary Fund beginning Nov. 1 and has applied for membership in the EBRD.

Russia's Ekaterina Alexandrova returns the ball to Kazakhstan's Elena Rybakina during their WTA Finals tennis tournament in Riyadh on November 5, 2025. (Photo by Fayez NURELDINE / AFP via Getty Images)

Explainer

From Six Kings Slam to FIFAe finals, Saudi Arabia's events derailed by war

Some of Saudi Arabia’s flagship events — across sectors including culture, entertainment and sports — have been canceled or postponed following deadly Houthi attacks over the weekend.

Flames burn at a facility belonging to Saudi oil giant Aramco south of Riyadh

Explainer

Aramco HQ attack exposes Saudi defense gaps, infrastructure vulnerabilities

The Iran-linked Yemeni militants struck at the heart of Saudi Arabia’s oil industry this week amid an expanding campaign against key infrastructure.

Abdulrahman Alfozan in an undated photo

Who is Abdulrahman Alfozan, Saudi national charged in bugging OpenAI meetings?

The Saudi national who was arrested for allegedly planting a covert listening device at OpenAI’s offices has extensive experience working at leading technology companies in the US and serves as a venture partner at a Saudi venture capital firm.

Latest News

Explainer

IMF projects Gulf rebound in 2027. Can energy production keep pace?

TOPSHOT - Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island. (Photo by AFP via Getty Images) /

Jeddah airport flights disrupted as Houthis escalate threats

Men walk at a terminal at Saudi Arabia's King Abdulaziz International Airport in Jeddah on December 12, 2019. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Analysis

How Manchester City fallout tests Gulf’s global investment model

UAE President Sheikh Mohamed bin Zayed and Manchester City's Emirati owner and UAE Vice President Sheikh Mansour bin Zayed

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Explainer

What Houthi airport attacks mean for Saudi Arabia’s aviation ambitions

A Boeing 787-9 Dreamliner aircraft of Saudi airline Riyadh Air is pictured on the tarmac at King Khalid International Airport, Riyadh, Saudi Arabia, June 7, 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

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.

Abu Dhabi

UAE business center releases whistleblowing guidelines

The UAE is seeking to improve financial transparency among other major financial changes happening in the Gulf state.

Xi Saudi Arabia

Saudi Arabia, China sign deals on tech, climate for Xi’s visit

The trip is a sign that Saudi Arabia is seeking more cooperation with China, especially in regards to energy and despite the kingdom’s relationship with the United States.

Water pours into an irrigation pool in Ghor al-Haditha, south of the Jordanian capital Amman, on April 20, 2021.

Jordan partners with USAID on water loss

Water loss is a major issue in Jordan due to theft and leakage.

Stock market brokers work at the Egyptian Exchange, Cairo, Egypt, Jan. 6, 2013.

Some Egyptian companies still dealing with Russia's alternative financial system

Some Egyptian companies are secretly dealing with a Russian alternative financial system, in anticipation of international sanctions by the United States.

Sarah Al-Ameri, the UAE Minister of State for Public Education and Future Technology, during the opening address of the Abu Dhabi Space Debate (ADSD) on Monday, Dec. 5, 2022.

UAE, Israel align interests at international space event

Conference shows that space exploration and commercialization is opening up to more countries.