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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.

Latest News

Large UAE delegation set to arrive in Lebanon in major investment push

Lebanese Presidency

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

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

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.

Cancer drugs are seen at a pharmacy, Beirut, Lebanon, Oct. 7, 2022.

Lebanon’s worsening health sector leaves patients suffering

Lebanon's health-care sector is fighting for survival amid an economic collapse, with the lives of patients at risk as critical care facilities have been falling apart and for the majority of the population affording essential medicine has become a luxury.

The Egyptian pound, British pound sterling and US dollar banknotes are seen in this photo, Aug. 25, 2022.

Egyptian pound plummets after interest rate hike, exchange rate change

Egypt is contending with high inflation as the central bank continues to look for a way out of the current crisis.

Mobileye Global, Inc. founder and CEO Amnon Shashua and Intel CEO Pat Gelsinger clap.

Israeli autonomous driving firm goes public

Mobileye’s stock rose on its first day trading on Nasdaq.

Egyptian farmers harvest wheat in Bamha village near al-Ayyat town, Giza province, Egypt, May 17, 2022.

Egypt seeks new agriculture, food security cooperation with Africa

The Russian war on Ukraine opened a new door for cooperation between Egypt and African countries, especially in the field of agriculture and food security.

Saudi Arabia's Minister of Energy Abdulaziz bin Salman.

Saudi Arabia criticizes Biden over oil reserve release

The US president recently announced that he would sell some emergency oil reserves in response to the Saudi-backed oil supply cut.

Vehicles queue to refuel at a petrol station in Dubai on June 30, 2022. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Inflation in the GCC not going away soon

Robert Mogielnicki

Robert Mogielnicki

Egyptian Minister of Petroleum Tarek el-Molla (C) speaks during the opening session of the 24th ministerial meeting of the Gas Exporting Countries Forum, Cairo, Egypt, Oct. 25, 2022.

Gas forum kicks off in Cairo

Qatar and Russia may be looking to cooperate more on energy matters.

MIKE NELSON/AFP via Getty Images

Saudi sovereign wealth fund to create decarbonization company

Saudi entities have also announced green hydrogen projects in recent weeks.