Economy and trade

A woman walks past a billboard displaying Iran's national flag at Enghelab Square in Tehran on June 14, 2026.

Analysis

US-Iran deal delivers $300 billion controversy, reconstruction questions

Under the US-Iran agreement signed on June 17, Tehran stands to receive sweeping sanctions relief, renewed oil sales, access to frozen assets abroad and perhaps the most controversial incentive of all: a proposed $300 billion investment fund.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

French Trade & Invest Commissioner for United Arab Emirates and Middle East and Business France's regional director for the Middle East Axel Baroux. — Business France

Interview

Franco-Gulf investment holds firm despite Iran war, French official says

French investors are reallocating capital toward strategic sectors such as artificial intelligence and technology rather than pulling out of the region altogether.

Axel Baroux

France’s trade and investment commissioner for the UAE and Middle East

A picture taken on June 5, 2017, shows a man walking past the Qatar National Bank branch in the Saudi capital Riyadh.

Gulf investment to turn inward to rebuild postwar infrastructure: QNB

Charles-Emmanuel de Beauregard, Qatar National Bank’s head of corporate and institutional banking, said that the Gulf countries will need to rebuild their logistics capabilities after the closure of the Strait of Hormuz.

FAYEZ NURELDINE/AFP via Getty Images

Saudi Aramco's VC arm sees boom in emerging technologies, retail

Anas Alqahtani, CEO of Wa'ed Ventures, expects strong growth in Saudi Arabia’s emerging technology and retail sectors over the coming years.

Latest News

Oil falls below $80 as markets rally on Iran-US peace deal: What to know

Kazuhiro NOGI / AFP via Getty Images

Analysis

Gulf aluminum pursues global deals as Hormuz crisis accelerates shift

Aluminum from Dubai sits in the BMW Landshut factory on Oct. 25, 2024 in Ergolding, Germany.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Saudi Arabia lifts 5-year ban on Lebanon imports: What to know

Lebanese Prime Minister-designate Nawaf Salam (R) shakes hands with Saudi Arabia's Foreign Minister Faisal bin Farhan before their meeting in Beirut on Jan. 23, 2025.

Suez Canal traffic soars as Hormuz disruptions reroute energy trade

KHALED DESOUKI/AFP via Getty Images

A drone is seen during the opening ceremony of the Milipol, the international exhibition of homeland security, at the Doha Exhibition and Convention Center, in Doha, on Oct. 31, 2016.

UAE deals with Anduril, Palantir deepen US tech footprint in Gulf defense

A new generation of Silicon Valley-linked US defense players are strengthening Gulf ties, representing a challenge to America’s legacy weapons giants in the region.

United Arab Emirates

A yacht is pictured at the Dubai Marina in Dubai August 6, 2025. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

Dubai, Abu Dhabi make world’s top 5 destinations for wealthy: What to know

In Savills’ Spotlight on Wealth Trends 2025 report, Dubai topped the charts while Abu Dhabi ranked fifth.

United Arab Emirates

ABDEL MAJID BZIOUAT/AFP via Getty Images

Analysis

Morocco's UN-backed Western Sahara plan offers investors some reassurance

Last week, the UN Security Council voted in favor of a resolution backing Rabat’s plan for Western Sahara, describing autonomy under Moroccan sovereignty as the “most feasible solution” to the 50-year disagreement over the disputed territory.

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

KHALED DESOUKI/AFP via Getty Images

Egypt's foreign reserves exceed $50B mark for first time: What to know

The stronger reserve position signals that Egypt has largely emerged from its worst economic crunch in decades.

DAMASCUS, SYRIA - JULY 16: Members of Syria's civil defense work amid the aftermath of an Israeli airstrike on Syria's defence ministry headquarters on July 16, 2025 in Damascus, Syria. A spokesperson from the Israeli Defense Forces (IDF) confirmed Wednesday that Israeli airstrikes have targeted the headquarters of Syria's defence ministry and a site near the presidential palace in Damascus. The strikes come amid an escalation in conflict between Syrian government forces and Druze militia in the southern Sy

Analysis

Sharaa in Washington: Can US charm offensive boost Syria’s reconstruction?

The trip signals strong support for the new Syrian government, as President Sharaa seeks the breakthroughs needed to end economic isolation and speed up reconstruction, while US sanctions continue to paralyze investment.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

This picture taken on July 10, 2022, shows a view of the thermal natural gas and fuel oil power plant serving Syria's northern city of Aleppo.

Syria advances Qatar-backed $7B power project amid soaring electricity prices

According to the state-run Syrian Arab News Agency, the plants will use a combination of natural gas and solar energy.

A man stands atop the kasbah of Ait-Ben-Haddou.

Culture

From Hollywood set to heritage hub: Morocco’s $75M bet on Ouarzazate

Once the Hollywood of the Sahara, Morocco’s desert city is betting on sustainable tourism to reclaim its place on the map.

UK Chancellor Rachel Reeves, right, and Qatari Finance Minister Ali bin Ahmed al-Kuwari arrive at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 28, 2025.

Analysis

UK chases elusive GCC trade deal that could boost exports, economic links

A new charm offensive at Saudi Arabia's flagship investment conference has fueled optimism that a UK-GCC trade pact, under negotiation since 2022, could soon be completed.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A train moves during the inauguration of a 140-kilometres line running from eastern Iran into western Afghanistan, at a railroad station in Khaf, on Dec. 10, 2020.

Analysis

Iran revives cross-border rail projects in bid to anchor Eurasian trade routes

Iran aims to turn its rail network into a strategic lever across Eurasia, despite risks from sanctions and regional instability.

Sabena Siddiqui

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

US Energy Secretary Chris Wright speaks during an event with President Donald Trump in the Oval Office at the White House on Oct. 6, 2025 in Washington, DC.

US energy secretary scraps visit after Israel puts $35B Egypt gas deal on hold

Despite US pressure, Energy Minister Eli Cohen refuses to approve a $35 billion gas deal with Egypt until "a fair price for the Israeli market" is secured.

An employee wearing a face mask against the coronavirus, is pictured at the port of Jebel Ali, operated by the Dubai-based giant ports operator DP World, in the southern outskirts of the Gulf emirate of Dubai, on June 18, 2020.

UAE’s DP World to invest $5B in India's infrastructure: What to know

The Dubai-headquartered logistics firm has already invested $3 billion into the South Asian nation over three decades.

United Arab Emirates

FAYEZ NURELDINE/AFP via Getty Images

Billion-dollar AI, clean energy deals headline Saudi 'Davos in the Desert'

Humain, an AI firm backed by the Saudi sovereign wealth fund, the PIF, signed a $3 billion deal with AirTrunk, a company backed by US asset manager Blackstone, to build a data center campus in the kingdom.