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Economy & Business

UAE President Sheikh Mohamed bin Zayed and Manchester City's Emirati owner and UAE Vice President Sheikh Mansour bin Zayed

Analysis

How Manchester City fallout tests Gulf’s global investment model

The Premier League’s historic financial misconduct ruling against the Emirati-owned club has sparked a media firestorm and experts say fallout could extend beyond the pitch to impact Gulf investment in sports and other industries.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A Boeing 787-9 Dreamliner aircraft of Saudi airline Riyadh Air is pictured on the tarmac at King Khalid International Airport, Riyadh, Saudi Arabia, June 7, 2026.

Explainer

What Houthi airport attacks mean for Saudi Arabia’s aviation ambitions

The kingdom has spent recent years pouring billions into a new airline and airport infrastructure amid efforts to compete with established Gulf travel hubs.

Guests attend the 25th WPC Energy Congress, Riyadh, Saudi Arabia, Oct. 12, 2026.

Saudi Arabia outlines oil export plans amid escalating Houthi attacks

Saudi authorities said on Monday they were extending the suspension of operations at King Khalid International Airport after deadly attacks over the weekend by Yemen's Iran-aligned Houthis.

Cars drive past the gates of King Khalid International Airport in Riyadh on Sept. 19, 2026.

Riyadh’s skies remain unsettled after deadly Houthi strikes

Saudi authorities confirmed Friday that Thursday’s first attack struck airport facilities and the second hit a Saudia aircraft.

Latest News

Riyadh airport issues travel alert as Yemen's Houthis claim fresh attack on Saudi Arabia

Travelers queue to check in their luggage at the terminal at King Khalid International Airport in Riyadh, on March 10, 2026.

Iraq devalues dinar 13% as Hormuz disruption hits oil revenue

A man walks past a closed foreign exchange office in Baghdad on October 7, 2026. Iraq's central bank devalued the dinar currency against the dollar on October 7, with the country facing a deepening crisis brought on by the Middle East war. (Photo by AHMAD AL-RUBAYE / AFP via Getty Images)

Explainer

Rubio says Iran ‘lost’ Hormuz. Has it?

U.S. Secretary of State Marco Rubio speaks at the Pnyx hill, where ancient Athenians held democratic assemblies, with the ancient Parthenon temple atop the Acropolis seen in the background, in Athens on October 7, 2026. (Photo by Mark Schiefelbein / POOL / AFP via Getty Images)

Flights continue in Saudi Arabia despite Houthi attacks, airspace threats

Travelers consult the departures screens at the terminal at King Khalid International Airport in Riyadh, on March 10, 2026.

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

Ons Kayanee

Tunisia's Ons Jabeur reps Saudi fitness brand Kayanee at Australian Open

Jabeur has expressed support for Saudi investment in tennis in the past as the kingdom seeks to boost its sports holdings.

A Eurofighter jet of the TacticalAir Force Wing 71 "Richthofen" of the German Armed Forces Bundeswehr approaches during the Hannover Shield exercise at the airport in Hannover, northern Germany, Nov. 27, 2023.

Germany reverses, to greenlight Eurofighter jets to Saudi Arabia

Germany stopped selling arms to Saudi Arabia following the murder of Saudi journalist Jamal Khashoggi inside the Saudi Consulate in Istanbul in 2018, but has since come under increasing pressure to allow the sale of the jets to the Gulf country.

A staff waits for costumers at a restaurant in Lebanon's coastal historical city of Byblos, on Nov. 10, 2023.

Analysis

Lebanon’s fragile economy buckles under risk of Israel-Hezbollah war

The country has seen a sharp decline in business conditions within the private sector since the Oct. 7 attacks.

In Bristol, reporting on regional business, climate change, AI, tech

A picture taken during an organised tour by Yemen's Huthi rebels on November 22, 2023 shows the Galaxy Leader cargo ship (R), seized by Huthi fighters two days earlier, approaching the port in the Red Sea off Yemen's province of Hodeida. The Bahamas-flagged, British-owned Galaxy Leader, operated by a Japanese firm but having links to an Israeli businessman, was headed from Turkey to India when it was seized and re-routed to Hodeida November 19, according to maritime security company Ambrey. The Huthis said

Middle East economies navigate treacherous straits as Gaza war infects Red Sea

Samuel Wendel

In Washington, DC, reporting on regional business and tech

KHALED DESOUKI/AFP via Getty Images

UAE’s AD Ports to develop Egypt Red Sea cruise terminals despite instability

Attacks by the Iran-backed Houthis on international ships have prompted some firms to steer clear of the waterway.

Kemi Badenoch 1

UK, Turkish trade ministers meet in Turkey, announce joint railway deal

The two countries have an existing trade deal that covers goods but not services, digital trade or data.

An Iran Air Boeing 747 passenger plane sits on the tarmac of the domestic Mehrabad airport in the Iranian capital, Tehran, on Jan. 15, 2013.

Why has Iran Air abandoned plans to relaunch Saudi Arabia flights despite detente?

The Iran Air flights to Saudi Arabia were intended to transport pilgrims to Jeddah and were scheduled to take off from Tehran, Mashhad and Isfahan on Wednesday.

stock photo of market

Turkey’s year-end inflation soars to almost 65%

Newly announced minimum wage hikes and upcoming pay raises for public servants, workers and pensioners bode a resurgence of price spikes across the board.

People attend the International E-Sport Gamers forum Next World in the Saudi capital, Riyadh, on Sept. 7, 2022.

Saudi PIF invested $31.6B in 2023, record in global sovereign wealth funds

The PIF is estimated to have nearly $800 billion in assets and wants to become the world’s largest sovereign wealth fund by 2030.

Turkish President Recep Tayyip Erdogan.

Turkey’s exports to Saudi Arabia, UAE and Russia shoot up in 2023: Erdogan

The Turkish president also said the country’s total export revenues reached an all-time high.

A worker arranges products on a shelf as nearby labels reading in Arabic "national product" are displayed on packaged items at a supermarket in Ramallah in the occupied West Bank on December 26, 2023, as part of a wider campaign urging Palestinians to boycott Israeli products and buy locally made goods. Since the war in Gaza began, a slew of boycott posters, stickers and leaflets has cropped up across the occupied West Bank. Many Palestinians are looking for alternatives as calls to ban Israeli goods also g

Prospects dim for post-war Palestinian economic recovery

David Rosenberg

David Rosenberg

In Tel Aviv, reporting on business and tech

An employee of the Saudi Arabian Mining Company (Ma’aden) is pictured in this undated image.

Saudi mining firm Ma’aden announces gold discovery

Saudi Arabia seeks to boost its mining sector, including via investment at home and abroad.