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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.

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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

ADEM ALTAN/AFP via Getty Images

Turkey’s middle class priced out of home ownership

Buying a home has become an elusive dream even for middle-class professionals in Turkey as the country’s economic woes erupt into a perfect storm over the housing market.

A social worker plays an educational game with a homeless child inside one of the mobile units run by the Egyptian authorities and used as part of the "Atfal bala ma'wa" (Children Without a Home) social program, Abbasia district, Cairo, Egypt, June 22, 2020.

Egyptian startups reimagine mental health services in Arab-speaking world

In an attempt to fill some of the most urgent gaps in mental health issues across the region, online platforms have developed tech-enabled alternatives to offer services that are safe, stigma-free and help raise awareness — although concerns about accessibility persist.

Gaming in Israel

Israel's gaming industry continues expansion

ADNOC headquarters (Abu Dhabi National Oil Company) office complex (C).

Affiliate of Abu Dhabi oil company to list on stock exchange

Borouge is ADNOC’s joint venture with Austrian petrochemical firm Borealis AG.

United Arab Emirates

Turkish Airlines Airbus A321 takes off.

Airport wars flare up in Turkey amid claims of Gulf acquisition

A row over the fate of Istanbul’s iconic Ataturk Airport has escalated in Turkey amid opposition claims that a plan to demolish the facility is designed to gratify Gulf investors interested in operating the city’s newer airport.

Obsolete Turkish lira banknotes.

Turkish lira continues to fall

Turkey is in the midst of an economic crisis marked by high inflation.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Russian tourists are seen swimming and snorkeling in the Red Sea resort of Sharm el-Sheikh, Egypt, Sept. 29, 2021.

Egypt looks to Gulf to revive tourism sector affected by Russian-Ukrainian war

Egypt is seeking to increase Arab tourism from the Gulf at a time when this vital sector has struggled to overcome the recession it suffered with the Russian invasion of Ukraine.

YAMIL LAGE/AFP via Getty Images

Cuba seeks food security help from Iranian private sector

Iran and Cuba also pledged to boost trade during a summit in Tehran.

Egypt's President Abdel Fattah al-Sisi presents his national statement.

Egypt invests more than $1 billion in green projects ahead of COP27

Egypt is expanding its implementation of green projects ahead of hosting the 2022 UN Climate Change Conference.

A real estate advertising offers apartments and houses with the view on the canal, in the small coastal village of Karaburun, near Istanbul, on June 12, 2018.

Erdogan’s home loan incentives threaten to fan inflation

A further increase in already skyrocketing home prices appears inevitable in Turkey following Erdogan’s announcement of loan incentives, a move that many pundits see as pouring fuel on the inflation fire.

Egyptian men work in a bakery at a market in Cairo, on March 17, 2022.

What do rising wheat prices, India’s export ban mean for Egypt?

Egypt is seeking to import wheat from India due to the Russian war on Ukraine.

The platform of the Leviathan natural gas field in the Mediterranean Sea is pictured from the northern coastal city of Caesarea, Israel, Feb. 24, 2022.

Global energy crisis opens possibilities for Israeli natural gas

Experts say that the global energy crisis is exactly the moment when Israel must expand its natural gas export quotas.