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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

Egypt's Foreign Minister Sameh Shoukry (R) speaks as UN Secretary-General Antonio Guterres listens at a press conference during the COP27 climate conference, Sharm el-Sheikh, Egypt, Nov. 17, 2022.

Egypt reaps economic, political gains from COP27

Egypt has achieved several major deals as well as boosted its foreign policy by hosting COP27.

An Etihad Airways Boeing 787-9 "Dreamliner" aircraft lands at Israel's Ben Gurion Airport near Tel Aviv, on Oct. 20, 2020.

Etihad launches initiative on sustainable aviation fuel to decarbonize flights

Sustainable aviation fuel, which is sourced from biological materials, has great carbon reduction potential. However, airlines' reluctance to spend more on fuel is hampering its development, according to some observers.

Saudi Crown Prince Mohammed bin Salman (L) speaks with South Korean President Moon Jae-In (not pictured) during a meeting at the Presidential Blue House, Seoul, South Korea, June 26, 2019.

Saudi Aramco makes $7 billion investment in South Korea during crown prince’s visit

Saudi Crown Prince Mohammed bin Salman is seeking to boost energy, defense and investment cooperation with Seoul during his trip.

YASIN AKGUL/AFP via Getty Images

Turkish exporters, tourism sector cut prices

Amid the dramatic slump of the lira, Turkish exporters have sold goods at lower prices, while the country’s imports, chief among them energy, have grown more expensive, official data show.

Carbon market

Egypt launches Africa’s first carbon credit market

Access to development financing solutions is being boosted through a new platform that will help the African private sector to lower its carbon emissions.

Israel housing

Israeli housing prices expected to continue to rise

Short supply of new units and high demand will outweigh increases in interest rates, most observers say.

Binance CEO Changpeng Zhao sits on the main stage at Abu Dhabi Finance Week (ADFW) in an interview with Mike Novogratz, the CEO of Galaxy Digital Holdings.

The Business & Tech Briefing: Binance CEO takes heat at Abu Dhabi event after FTX fall

In this weekly newsletter, Greg Cohen rounds up the biggest business and technology stories from the region.

AL-MONITOR Staff

By AL-MONITOR Staff

A woman takes a photo of a display at the Sharm el-Sheikh International Convention Center during the COP27 climate conference, Sharm el-Sheikh, Egypt, Nov. 15, 2022.

Middle East startups rise to challenges of climate change

With COP27 underway in Egypt, climate adaptation startups in the Middle East and North Africa work to create new platforms in the face of the urgent action required to combat climate change.

A Moroccan farmer walks past solar panels that are connected to a generator which feeds a pump extracting water from underground in Tafoughalt, a little village deep in the mountains of Morocco's eastern Berkane province, on October 31, 2016. As the Cop22 gets underway in Marrakesh, negotiators are thrashing out the details of a landmark global agreement designed to stave off disastrous climate change, but in Tafoughalt that impact is being felt already. Rising temperatures are among the factors making the

New PRO memo: Morocco’s transition to renewable energies to accelerate amid high hydrocarbons prices

Morocco is on track to have renewable sources account for more electricity generation than fossil fuels by 2025.

A Moroccan farmer walks past solar panels that are connected to a generator which feeds a pump extracting water from underground in Tafoughalt, a little village deep in the mountains of Morocco's eastern Berkane province, on October 31, 2016. As the Cop22 gets underway in Marrakesh, negotiators are thrashing out the details of a landmark global agreement designed to stave off disastrous climate change, but in Tafoughalt that impact is being felt already. Rising temperatures are among the factors making the

Morocco’s transition to renewable energies to accelerate amid high hydrocarbons prices

Francisco Serrano

Francisco Serrano

In Lisbon, reporting on North Africa business

His Excellency Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development, today signed a memorandum of understanding in Guinea Conakry with His Excellency Moussa Cissé.

Saudi Arabia continues inroads into Africa with Guinea water project

The Saudi Fund for Development’s grant to the West African country will also utilize solar power technology.

JACK GUEZ/AFP via Getty Images

Israel-Lebanon gas deal proceeds with TotalEnergies, Eni agreement

The agreement will allow the French and Italian energy companies to move forward with gas exploration off the coast of Lebanon.