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Economy & Business

a large billboard featuring Israeli Prime Minister Benjamin Netanyahu

What Netanyahu win or loss could mean for Israel’s economy

Economic concerns have taken a back seat to security as voters weigh Prime Minister Benjamin Netanyahu’s future — but rising deficits, cost of living and politically charged issues will be a challenge for whoever eventually prevails.

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

Qatar locks in US LNG through 2054 as it looks beyond Hormuz

The Gulf state agreed to buy up to 4 million tons of US liquefied natural gas annually through 2054.

Saudi Arabia football supporters wave flags

China-Saudi consortium wins $306M World Cup stadium deal: What to know

The project is a vote of confidence to Saudi Arabia's ambitious Vision 2030 agenda to diversify the economy away from oil, despite an uptick in attacks by Yemen's Houthi rebels on the kingdom in recent weeks.

Latest News

Gulf oil exports surpass prewar levels despite escalating tanker attacks

The Chinese-flagged container shipping vessel Hui Fa transits the Gulf of Oman off the coast of Khor Fakkan in the emirate of Sharjah east of the UAE, on Oct. 13, 2026.

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

Macron secures Gulf diesel supplies as France grapples with fuel costs, unrest

Benoit Tessier / AFP via Getty Images

Explainer

Indonesia first foreign country to own property in Saudi Arabia's Mecca

Vehicles move along a main street in Saudi Arabia's holy city of Mecca on Sept. 16, 2026.

Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks

FAYEZ NURELDINE/AFP via Getty Images

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

People walk past a currency exchange shop on June 23, 2023 in Istanbul, Turkey. The Turkish Lira weakened to a record low of 25.74 against the dollar, a day after the central bank hiked interest rates from 8.5 percent to 15 percent in the first rate decision since the appointment of new central bank governor Hafize Gaye Erkan and the re-election of President Recep Tayyip Erdogan last month. (Photo by Chris McGrath/Getty Images)

Turkey's lira makes a comeback amid economic U-turn: Goldman Sachs

Foreign investors are beginning to return to the Turkish economy after Erdogan's new government reversed the previous unorthodox policies in June.

Kuwaiti traders follow the market's movement at the Stock Exchange, Kuwait City, March 8, 2018.

Analysis

China's venture capital firms making inroads in Saudi Arabia, UAE

Chinese venture capital investors have been pricing deals at more competitive rates and taking advantage of a widening vacuum left by Western rivals in the region.

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

A visitor views a Hunter 2-S unmanned aerial systems "swarming drone" by EDGE, an advanced technology company for defense, at the UMEX Exhibition, Abu Dhabi National Exhibition Centre, February 22, 2022.

UAE-Brazil ties strengthen with EDGE's acquisition of Brazilian weapons firm

Relations between the UAE and Brazil are improving militarily and economically following the UAE being offered membership in BRICS.

Muslim devotees take part in a rally to celebrate Eid-e-Milad-un-Nabi, which marks the birth anniversary of the Prophet Mohammad, in Karachi on September 29, 2023. (Photo by Asif HASSAN / AFP) (Photo by ASIF HASSAN/AFP via Getty Images)

Pakistan, Gulf Cooperation Council sign 'preliminary' free trade agreement

When the final trade deal comes into effect, it will likely be the GCC's first since 2009.

Visitors stop by the Aramco exhibition at the Misk Global Forum on innovation and technology, Riyadh, November 13, 2019.

Saudi Aramco makes first global LNG investment with US MidOcean stake

MidOcean Energy is in the midst of buying interests in four LNG projects in Australia as part of its growth strategy.

This photograph taken on Sept. 21, 2023, shows a view of a hybrid solar power plant, with solar panels on ground and floating, in southwestern France.

UAE’s Masdar to triple Southeast Asia’s largest floating solar plant

The new agreement between Masdar and Indonesian power utility PLN Nusantara Power will launch Phase II of the Cirata floating solar plant in the Indonesian province of West Java.

United Arab Emirates

Man Utd 1

Jim Ratcliffe revises Manchester United bid as Qatar's offer is considered

Sheikh Jassim bin Hamad Al Thani, a Qatari banker and the son of a former Qatari prime minister, is the only other party to have publicly stated that they are trying to buy the British soccer club.

AMIR MAKAR/AFP via Getty Images

QatarEnergy, BP, others snap up Egyptian oil and gas concessions

Four blocks have been awarded one day into international bidding for the exploration of Egypt's 23 open oil and gas blocks.

Saudi women stand next to the Saudi pavilion (vision 2030) at the Gitex 2018 exhibition at the Dubai World Trade Center in Dubai on October 16, 2018. - Gitex ("Gulf Information Technology Exhibition") is a consumer computer and electronics trade show. (Photo by KARIM SAHIB / AFP) (Photo credit should read KARIM SAHIB/AFP via Getty Images)

Saudi domestic capital to shoulder lion’s share of funding for Vision 2030

Halfway through Vision 2030, the kingdom has started to tap into domestic capital and debt financing to get some of its most futuristic projects off the ground.

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business

Sultanate of Oman, Muscat, Qurum: the Oil and Gas Exhibition Center.

Oman's oil and gas sector drives 30% GDP growth in 2022

Oman’s hydrocarbon sector growth rate was 61.6% from 2021 to 2022, compared to non-hydrocarbon sector growth at 16.9% during the same period, according to the Central Bank of Oman (CBO) 2022 Annual Report.

Prince Abdulaziz

Saudi Arabia inches closer to nuclear power with wider IAEA access

The kingdom's energy minister said that the country plans tougher checks by the International Atomic Energy Agency on its nuclear activities.

Al Dhafra Solar Photovoltaic Independent Power Producer project is seen during a visit by the French economy minister, Abu Dhabi, United Arab Emirates, Jan. 31, 2023.

UAE, other Gulf states shift from talk to action on carbon capture tech

The idea of capturing and storing carbon emissions instead of letting them enter the atmosphere is gaining momentum in some parts of the Gulf region. It is also the necessary tool to rebrand hydrogen produced from fossil fuels from "gray" to "blue."