France, Saudi Arabia announce more than $10B in deals on MBS visit Among the deals included a 6 billion euro ($7 billion) pledge from the Public Investment Fund in three manga-themed amusement parks on the outskirts of Paris. Saudi Arabia
Oil falls 1.8% as traders await 'toughest' sanctions on Iran Traders are awaiting details about new US measures sure to further disrupt Iranian oil flows. Iran
Analysis UAE-Iran trade relationship becomes key test of Trump’s wartime strategy The Gulf state suspended trade with Iran after new attacks in August. Experts point to risks for both sides as the Trump administration seeks to squeeze Tehran economically. By Samuel Wendel In Washington, DC, reporting on regional business and tech
China slams Trump over economic war on Iran: What to know China’s once significant oil imports from Iran have been impacted by the war in the region and increasing US sanctions. Iran
Newsletter: Business & Tech UAE-Iran trade freeze raises economic stakes By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Turkey ends probe into Meta over Threads data sharing Turkey's Competition Board has ended its investigation on Meta after the company agreed to new data-sharing terms for Threads. Turkey
Norway's sovereign fund divests from Israel's Bezeq over West Bank links Norway’s sovereign wealth fund said it has sold all of its shares in Israel’s largest telecoms firm Bezeq, as it provides services to the Israeli settlements in the occupied West Bank. Israel
Dubai property market prices to rise further next year, Knight Frank says Dubai’s real estate market, which has been booming for the last five years, is predicted to soar even higher. United Arab Emirates
France's Macron eyes defense deals, Lebanon support on Saudi state visit French President Emmanuel Macron will meet Saudi Crown Prince Mohammed bin Salman for a one-on-one dinner on Tuesday. Saudi Arabia
Analysis What lessons can France draw from Algeria-Spain trade reset? Algeria’s central bank has ordered the unfreezing of trade with Spain after nearly two and half years of economic retaliation in return for Madrid endorsing Morocco's autonomy plan for Western Sahara. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Heineken to draft in Gulf’s first large-scale brewery in Dubai The Dubai-based brewery will begin construction in late 2025 and has secured all necessary permits, Heineken said in a statement. United Arab Emirates
ADNOC launches $80B low carbon energy company XRG: What we know XRG, which will operate separately to ADNOC, is expected to double its asset value over the next decade. United Arab Emirates
Turkey launches counterfeit US dollar probe as exchange offices halt trade The Banking Association of Turkey said currency counting machines, counterfeit currency detection devices as well as ATMs were being updated against circulation of counterfeit banknotes. Turkey
Emirates Airline 'frustrated' at aircraft shortage due to manufacturer delays Executives at the Middle East’s largest airline have frequently expressed their dismay over delays and uncertainty around the delivery of the Boeing 777-9X jets. United Arab Emirates
Saudi Arabia's electricity sector to see significant transformation by 2030 Gerald Kepes In Washington, DC, reporting on regional energy trends
Saudi Arabia seeks mining deals with Chinese, Indian and Canadian firms in industry push Companies from China and India announced billions of dollars' worth of investments in the Saudi mining sector, while Canadian companies could win contracts in the kingdom. Saudi Arabia
Turkey in talks for US sanctions waiver to pay for Russian gas The United States introduced Ukraine war-related sanctions last week against 118 individuals and entities tied to Russia’s financial sector, including Gazprombank, the country’s largest lender yet to be designated by Washington. Turkey