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Economy & Business

UAE Foreign Trade Minister Thani bin Ahmed Al Zeyoudi (L) and Lebanese Economy Minister Amr al-Bisat after signing a memorandum of understanding, Beirut, Aug. 27, 2026.

Lebanon, UAE ink deals, deepen economic ties on Emirati Beirut visit

An Emirati business delegation signed the agreements in Beirut and met with President Joseph Aoun, indicating the UAE's interest in deepening economic ties with Lebanon.

cards

Sharaa taps Visa as Syria reconnects to global finance: What to know

Visa and Mastercard announced Wednesday that their networks can now be used to make international card payments in Syria.

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.

Latest News

Syrian Airlines expands Europe comeback with Vienna, Copenhagen flights

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.

China warns US not to interfere with Iran trade: What to know

BAY ISMOYO / AFP via Getty Images

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

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

Cyprus' Foreign Minister Ioannis Kasoulides (R) holds a joint press conference with his Saudi counterpart Prince Faisal bin Farhan al-Saud.

Saudi Arabia, Cyprus set up joint business council

Cyprus has important relationships with several Middle Eastern states, including Egypt.

A view of the platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the northern coastal city of Caesarea, Israel, Dec. 19, 2019.

Egypt's gas imports from Israel hit all-time high

Gas flows hit a new record in the first quarter of the year and peaked in March, when Cairo purchased above contractual volumes.

A man carries a bale of wheat during the harvest in the village of Bamha near al-Ayyat in Egypt.

Egypt asks World Bank for $500 million to buy wheat

Egypt is asking the World Bank for $500 million to cover its wheat needs in light of the ongoing war in Ukraine.

Emiratis walk in Masdar City, on the outskirts of the rich Emirate of Abu Dhabi, on October 7, 2015.

UAE continues renewable energy push with Azerbaijan deal

The two countries will work to develop power from wind, solar and green hydrogen sources.

Cryptocurrency

Dubai charity to accept donations in cryptocurrency

The crypto scene is rapidly expanding in the United Arab Emirates.

Israel's Foreign Minister Yair Lapid (2nd L) and US Secretary of State Antony Blinken (2nd R) chat with Bahrain's Foreign Minister Abdullatif bin Rashid al-Zayani (R) and Emirati Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan (L), in Sde Boker, Israel, March 28, 2022.

With free trade agreement, Israel hopes to triple trade with Emirates

Israel and the United Arab Emirates already established a large scope of bilateral trade, but officials and businesspeople on both sides are persuaded that this is only the beginning.

A general view shows office buildings at al-Raidah Digital City of the Saudi capital Riaydh on Feb. 28, 2022.

Israelis begin doing deals in Saudi Arabia

Following a change in Saudi Arabia’s entry requirements, dozens of Israeli businesspeople arrived recently to Riyadh and even closed deals there.

A Sudanese woman and a boy gather threshed wheat stalks at the Zam Zam camp for Internally Displaced People (IDP), North Darfur, on April 9, 2015.

Can Sudan replace Ukraine as breadbasket for MENA region?

Despite Sudan’s agricultural and animal resources, political instability is hindering the country's potential to benefit itself and the region.

Jordan energy

UAE, Egypt, Jordan agree to $10 billion investment partnership

The Abu Dhabi investment firm ADQ will manage the funds, which will focus on food security and industrial integration in the region.

Israel economy

Israel interest rates to continue upward trend

Battling growing inflation, the Bank of Israel has significantly raised the country’s interest rates twice in recent weeks.

A Palestinian farmer carries boxed strawberries as they are harvested for home consumption and export in Beit Lahia, Gaza Strip, Dec. 10, 2013.

Hamas imposes new taxes on products imported from West Bank

Hamas' Ministry of Finance in the Gaza Strip is imposing a new tax on imported West Bank products, which will add to the hike in prices amid a devastated economy due to the Israeli siege and repeated Israeli wars.

A man walks outside a vegetable and fruit seller's shop in Libya's eastern town of Shahat, in the Jabal al-Akhdar (Green Mountain) region, on Feb. 10, 2022.

Libya grapples with mounting food costs, diminishing oil revenues