Economy and trade

French President Emmanuel Macron (L) and Oman's Sultan Haitham bin Tarik pose during a meeting with business leaders in Paris on June 29, 2026.

Oman's sultan meets Macron in first France visit since 1989: What to know

French President Emmanuel Macron has been pushing against any form of toll for the Strait of Hormuz.

AFP via Getty Images

Traffic plummets through Strait of Hormuz after Iran, US trade fire

Shipping through the Strait of Hormuz had recovered somewhat before renewed fighting between Iran and the United States saw traffic drop sharply over the weekend.

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades.

Olivier Badard

CEO of Armada Holding

A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Port Sultan Qaboos in Muscat, Oman, June 19, 2026.

Analysis

Why the Hormuz oil shock never became an energy catastrophe

The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Latest News

Oil falls below $74 as Hormuz traffic recovers after Iran war

Elke Scholiers/Getty Images

Explainer

Lebanon advances controversial $500K golden visa law: What to know

A picture shows the four seasons hotel in Beirut with the snow covered mountain of Sannine in the background on March 8, 2019.

Explainer

Qatar blast underscores challenges in race to restart Gulf energy flows

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha on June 22, 2026.

Interview

US-Egypt fund makes case for economic statecraft in hard power era

A worker counts banknotes after filling up the tank of a vehicle at a petrol station in Giza on March 10, 2026.

Cornelius Queen

Cornelius Queen

Senior Vice President of the Egyptian-American Enterprise Fund

High cost of death haunts Egyptians

The high cost of living in Egypt has extended to dying, and burial has gotten too expensive for the poor.

Iranian hard-liners leverage IRGC terrorist designation to kill FATF bills

The US designation of the IRGC as a foreign terrorist organization has empowered Iranian hard-liners seeking to halt the passage of bills that would have Iran meet international standards for combating money laundering and terrorism financing.

Palestinian Prime Minister Mohammad Shtayyeh speaks during a cabinet meeting of the new Palestinian government, in Ramallah, in the Israeli-occupied West Bank April 15, 2019. REUTERS/Mohamad Torokman - RC18BBEC7170

Shtayyeh government to focus on economy of resistance

New Prime Minister Mohammed Shtayyeh is trying to connect with the Palestinian people to prepare them for austerity measures to withstand the economic pressure being exerted by Israel and the United States.

What does timing of Lavrov’s visit to Cairo mean?

Russian Foreign Minister Sergey Lavrov held talks with Egyptian President Abdel Fattah al-Sisi and other officials during his visit to Cairo, focusing on political, economic and security ties between the two countries.

Is Egypt’s strategic financial plan overly ambitious?

The Egyptian Ministry of Finance has an ambitious strategy for the next three years and the International Monetary Fund says Egypt is capable of achieving greater strategic objectives, but some economists on the ground have their worries.

Jordan's King Abdullah speaks during the opening ceremony of the World Economic Forum on the Middle East and North Africa 2019, at the King Hussein Convention Centre at the Dead Sea, Jordan April 6, 2019. REUTERS/Muhammad Hamed - RC1B9C80E750

Jordanians questioning the value of hosting World Economic Forum

Earlier this month, Jordan hosted the World Economic Forum for the 10th time, but a number of analysts charge that the gatherings have not produced any tangible economic results for the kingdom.

Iranian rials, U.S. dollars and Iraqi dinars are seen at a currency exchange shop in Basra, Iraq November 3, 2018. Picture taken November 3, 2018. REUTERS/Essam al-Sudani - RC18BD110300

Iran signals change to FX regime, crackdown on profiteering

The Iranian authorities said renewed turbulence on foreign exchange markets will be short-lived as signals were sent that a crackdown on profiteering is ahead.

Turkey’s 'morally clean' TV series under fire

Amid a big expansion in their foreign audience, Turkish TV series are barred from featuring alcohol, smoking and anything sexual, but are free to show unstinted violence.

Russian President Vladimir Putin speaks with Turkish President Tayyip Erdogan during their meeting in the Kremlin in Moscow, Russia, 8 April 2019. Maxim Shipenkov/Pool via REUTERS - RC1D77CA39C0

Russia, Turkey look to strengthen relationship beyond Syria

Contrary to expectations, in Moscow Syria was a marginal story while Putin and Erdogan focused on further boosting bilateral ties.

Iraq's Prime Minister Adel Abdul Mahdi arrives for the opening of Baghdad International Fair in Baghdad, Iraq, November 10, 2018. REUTERS/Thaier al-Sudani - RC1A578A6EC0

Iran, Iraq forge ahead with collaboration amid US pressure

The Iraqi prime minister’s visit to Iran — his first since taking office — sends important messages to Tehran, Washington and Riyadh alike.

A man walks past a currency exchange bureau advertisement showing images of the U.S. dollar and other currencies in Cairo, Egypt, April 2, 2019. REUTERS/Mohamed Abd El Ghany - RC1BF9442E80

Is debt answer to Middle East economic troubles?

The forecast for growth across the Middle East and North Africa is bleak. Unfortunately for the regions, heavy debt appears to be one way out.

Palestinians take part in a rally marking the 31st anniversary of Hamas' founding, in Gaza City December 16, 2018. REUTERS/Ibraheem Abu Mustafa - RC1AF0B233A0

Will Hamas be partner to Trump’s Mideast plan?

Some see recent Israeli moves involving Gaza as part of a chess match having to do with President Donald Trump's reported "deal of the century" peace plan.