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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

A farmer holds a handful of soil parched because of drought in Tunisia's east-central area of Kairouan.

Water crisis threatens millions with thirst in Tunisia

Tunisian President Kais Saied has called on the government to immediately address the water crisis in the country, where millions who rely on agriculture are facing the threat of thirst amid repeated water cuts and the disruption of work of the concerned institutions.

Total Energies

Abu Dhabi National Oil Company to increase footprint in Egypt

The oil firm’s move to buy half of TotalEnergies' stake in the country is the latest example of Emirati investment in Egypt.

Price tags are seen on a market shelf of fresh fruit and vegetables on May 05, 2022, in Istanbul, Turkey.

Turkey raises inflation forecasts

The Turkish lira is also again falling close to historically low levels against the US dollar.

A huge banner bearing portraits of Iran's supreme leader Ayatollah Ali Khamenei (L) and his predecessor, the founder of the Islamic republic, Ayatollah Ruhollah Khomeini (R), is seen on a building being constructed at phase 15 and 16 of South Pars gas field development in the southern Iranian port town of Asaluyeh on July 19, 2010 as a top official announced that global energy majors are welcome to help develop oil and gas projects in Iran despite new sanctions imposed on the Islamic republic. AFP PHOTO/ATT

Russian Gazprom's deal with Iran could prompt further cooperation

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Dubai skyline

UAE Central Bank announces more sanctions

The Emirates is seeking to improve its record on financial transparency after being implicated in money laundering and sanctions evasion controversies.

Conservative and reformist newspapers in Tehran on Sept. 18, 2021.

Iranian trade with China on the rise

China is focused on improving its economic ties with Iran as opposed to security cooperation.

An Egyptian farmer holds harvested wheat in Qursaya island on May 16, 2022, in Cairo, Egypt.

Egypt diversifies wheat suppliers as large international purchases resume

Cairo halted tenders after the steep rise in prices that followed the outbreak of war in Europe, but since June it has locked in new large quantities that also show which countries are filling the gap left by Ukraine.

Tel Aviv bakery

Israeli government retreats on bread-price controls

The global rise in prices of flour and other products havs affected the cost of bread in Israel, some of which has long been regulated.

Salman Mitsotakis

Saudi Arabia signs energy agreement with Greece

Another purpose of Saudi Crown Prince Mohammed bin Salman's visit is to seek greater economic and technological cooperation with Greece.

A picture taken on March 17, 2022, shows a view of the skyline of the Bahraini capital city of Manama.

Bahrain joins UAE’s industrial partnership

Jordan and Egypt are already part of the group, which aims to establish joint industrial projects.

Demonstrators hold up posters in front of Jordanian policemen during a protest near the prime minister's office in Amman, Jordan, on June 6, 2018.

Inflation up more than 3% in Jordan during first half of 2022

The inflation rates in Turkey, Egypt and other countries in the region are considerably higher.

Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. - Art Dubai, the Middle East's largest annual contemporary art fair, featured for the first time digital works, as the wealthy Gulf emirate seeks to position itself as a crypto-assets hub. - RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo by Karim SAHIB / AFP)

UAE's crypto push seeks to draw in high-net-worth individuals

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business