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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

Israeli Knesset

Israeli legislator promotes cooperation with Palestinians on climate

Knesset committee chair Emilie Moatti is hosting meetings on cooperation with Palestinians in the fields of water treatment, climate change, agriculture and environmental protection.

An aerial view of the solar mirrors at the Noor 1 Concentrated Solar Power (CSP) plant, some 20 kilometers (12.5 miles) outside the central Moroccan town of Ouarzazate.

Morocco to ramp up green hydrogen production

While the industry is still in its infancy, the need to develop sustainable energy sources is becoming more pressing for the country.

ATTA KENARE/AFP via Getty Images

Iran, Oman to jointly develop oil field

Iran's president is in Muscat seeking increased cooperation with Oman on energy and transportation.

Egypt capital

Pro-government voices call for cancellation of Egyptian megaprojects

The Egyptian government is said to be seeking to halt huge construction works across the nation, citing the economic crisis and the repercussions of the Russian-Ukrainian war.

German Economy and Climate Action Minister Robert Habeck (R) and Qatar Minister for Energy Saad Sherida Al-Kaabi.

Qatar seeks to export natural gas to Germany by 2024

Germany wants Qatari gas as an alternative to Russia’s due to the invasion of Ukraine.

Visitors wearing virtual reality headsets interact with a display by the Israel Aerospace Industries.

Israel high-tech sector looks to Ukraine, Arab world to address labor shortage

With a manpower shortage that keeps growing, Israeli high-tech companies are going to great lengths to recruit a quality workforce.

KARIM SAHIB/AFP via Getty Images

UAE-Turkey reconciliation continues with trade agreement

The move follows a currency swap agreement between the two countries and the Turkish president's visit to the UAE.

OZAN KOSE/AFP via Getty Images

Fourth Turkish drilling ship arrives from South Korea

Turkey's fourth drilling ship is set to bring the country's drilling fleet to another level.

An Israeli woman works among marijuana plants at the Breath Of Life Pharma greenhouse in the country's second-largest medical cannabis plantation, near Kfar Pines, northern Israel, March 9, 2016.

Israeli cannabis industry grows with seeds export to US

The seeds from the Israeli crop science firm BetterSeeds are the first in the country to be exported internationally.

GIUSEPPE CACACE/AFP via Getty Images

UAE-Germany trade up more than 10% in 2021

Entities in the Emirates and Germany have signed several recent energy cooperation agreements.

Chris McGrath/Getty Images

Egypt raises bank rates again

The Central Bank cited rising inflation and price increases due to the war in Ukraine for the move.

Iraq food

Iraqi court annuls food security bill

There are rising concerns over food security in Iraq due to the war on Ukraine and the drought, but the agriculture and trade ministries say there is no need to be concerned over the country’s strategic food reserve stocks.