IEA delivers grim gas supply forecast as oil notches 15% weekly rise A wave of new LNG supplies will be delayed for at least two years due to war-related damage to Qatari energy infrastructure, according the International Energy Agency's latest market update. Qatar
Why did the Met Opera lose its Saudi funding deal? The deal, announced as a nonbinding memorandum of understanding last September, would have seen the PIF inject up to $200 million into the opera institution over the next eight years. Saudi Arabia
Which airlines are cutting flights amid Hormuz fuel disruption? European and Asian airlines have been most impacted by the closure of the Strait of Hormuz, which is throttling jet fuel supplies. Iran
How are Iran-linked tankers still moving through Hormuz blockade? At least 19 Iran-linked tankers have passed through the US blockade on the strait to exit the Gulf while at least 15 have entered, according to the cargo-tracking group Vortexa. Iran
Analysis Gulf energy deals face Iran war stress test as global expansion meets oil shock By Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE president makes first-ever visit to Angola as part of Africa push The UAE president’s visit to Angola, his first, marks a major step in the already strong relations between the two nations. United Arab Emirates
Analysis Middle East demand for US debt soars to $400B in turbulent year The first half of 2025 saw regional investors boost holdings of US Treasuries to record levels, led by the UAE, Israel and Kuwait, as markets digested turbulence from President Trump's trade agenda. By Samuel Wendel In Washington, DC, reporting on regional business and tech
Analysis Turkey to end costly $60B currency-protection scheme — for now Ankara could soon close the book on a monetary intervention launched to defend the lira in 2021, the latest pivot back to more conventional economic policies following the country's 2023 presidential election. By Samuel Wendel In Washington, DC, reporting on regional business and tech
From Kuwait to Turkey, why are countries cracking down on Roblox? The fast-growing gaming platform has been banned in countries including China, Iran, Oman, Qatar, and Turkey. Kuwait
Qatari royal expands Africa push with $12B in Botswana after $39B in DRC, Zambia A Qatari delegation began a tour of 10 African countries on Aug. 13 in Kinshasa, Democratic Republic of Congo, to explore investment opportunities. Qatar
Sudan restricts gold trade as currency falls: What to know The UAE, historically the largest importer of Sudanese gold, could be affected by the move, and Khartoum is seeking to reduce exports of the commodity to the Gulf state over a dispute related to the civil war. Sudan
Turkey's electricity use reaches all-time high in hottest July on record A report found that Turkish electricity needs are skyrocketing as the climate warms. Turkey
Saudi Arabia licenses charter operator VistaJet as first foreign airline for domestic flights The Dubai-based private airline group looks to capitalize on the kingdom's growing super-rich luxury travel market. Saudi Arabia
12 international, local firms bid to operate Iraq's Mosul airport destroyed by ISIS Iraq seeks to develop its air sector now that security conditions have improved in the country, hoping to play a bigger role in regional transit corridors. Iraq
UAE breaks ground on 50 MW solar plant in CAR, expanding Africa footprint Abu Dhabi’s financial footprint has expanded across Africa, making the UAE the continent’s fourth-largest source of foreign capital. United Arab Emirates
Egypt, Japan sign 12 investment deals as Cairo floats industrial zone plan Egypt has been wooing foreign investment as it recovers from its worst financial downturn in over six decades. Egypt
Serbia, Slovenia still buying Israeli arms despite embargo: What to know The Elbit Systems deal with Serbia is one of the largest in the company’s history, second only to a $1.7 billion agreement to modernize the Hellenic Air Force’s training program in Greece. Israel