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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

An electronic sign on a building shows the price of Brent crude oil in Hong Kong, March 9, 2022.

Brent crude falls nearly 10%, OPEC basket drops slightly

Saudi Arabia has acted to keep prices high recently against the wishes of the US.

An Algerian employee prepares bread at a bakery in the capital Algiers, on Feb. 27, 2022.

War in Ukraine tests Algeria’s wheat reserves amid inflation, drought

Wheat supplies should be sufficient for the rest of 2022. But the country will eventually be compelled to secure additional quantities at higher prices

StoreDot's headquarters in the Israeli coastal city of Herziliya on Feb. 16, 2021.

Fundraising by Israeli startups expected to decline during 2022

A survey of Israeli startup companies shows a significant drop in fundraising.

A general view of the Egyptian Stock Market in the capital, Cairo, on Jan. 6, 2013.

UAE investments boost Egyptian economy

The United Arab Emirates is seeking profits by investing $2 billion in Egyptian state-held stakes in some companies.

Korea UAE

Abu Dhabi, South Korea pledge to boost economic relations

South Korean entities have signed major deals with Egypt and Saudi Arabia recently.

United Arab Emirates

An employee counts banknotes at a currency exchange shop, Cairo, Egypt, Nov. 3, 2016.

Fitch gives Egypt ‘stable’ debt rating, citing reforms

Egypt is pursuing deregulation and tax reforms to some success, but the war in Ukraine has severely hurt the country’s economy.

Georgian border guards work at the Darial Gorge (Verkhniy Lars) border crossing, March 1, 2010.

Russian invasion of Ukraine slams Turkey’s transportation industry

Traffic at the Turkish border crossings have come to a grinding halt after trucks en route to Russia, Belarus and Central Asia diverted routes to Turkey and Georgia following Russia’s invasion of Ukraine.

This picture taken on March 13, 2020, shows an aerial view of low-rise luxury housing in the residential suburb of Madinaty in Cairo.

Buyers rush to purchase Egyptian real estate as prices rise

Oman

Oman on cusp of introducing personal income tax

Income tax is now in the pipeline in Oman, and other nations in the Gulf, one of the world’s largest bastions of tax-free wages, are watching with interest.

H.M. King Abdullah II of the Hashemite Kingdom of Jordan.

Saudi Arabia sends $50 million to Jordan for budget as economy falters

The Jordanian government is working to close tax loopholes and increase its revenue collection amid its economic struggle.

LOIC VENANCE/AFP via Getty Images

UAE-India economic agreement to lower tariffs, duties in bid to boost trade

India is one of the UAE’s largest trading partners, with oil, jewelry and textiles forming a bulk of the trade.

United Arab Emirates

Picture of the Tel Aviv Stock Exchange building, Jan. 16, 2011.

Tel Aviv Stock Exchange continues to reach historic highs

The TA 125 index’s growth is being led by banks and not Israel’s large tech sector.