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. Israel
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. Qatar
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. Saudi Arabia
Newsletter: Business & Tech Saudi economic ambitions under strain Saudi Arabia postponed its flagship investment conference, known as “Davos in the Desert,” on Monday as Yemen’s Iran-backed Houthi rebels continued attacks on the kingdom. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Gulf oil exports surpass prewar levels despite escalating tanker attacks By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Saudi Arabia outranks US for expat life, Kuwait ranks worst Saudi Arabia was found to be the 28th best country to live in as an expatriate while the United States ranked 30th, according to a Tuesday report. Saudi Arabia
Algeria ready to deliver e-commerce growth Algeria is forecasted to be the fastest growing e-commerce market in the Middle East and North Africa in the coming years. Samuel Wendel In Washington, DC, reporting on regional business and tech
UAE suspends Emirates Gold over money laundering allegations The London Bullion Market Association, which regulates the United Kingdom capital’s metals market, suspended Emirates Gold DMCC’s affiliate membership after conducting a review. United Arab Emirates
Iran’s Raisi seals 21 deals on Africa trip, attends drone exhibit in Kenya Iran is seeking stronger ties to sub-Saharan Africa but faces competition from the Gulf and China. Iran
Turkey's Erdogan anticipates 'serious investments' from Gulf ahead of visit Ahead of Turkish President Recep Tayyip Erdogan’s Gulf tour which will include Saudi Arabia, the UAE and Qatar, Ankara is working to maximize economic cooperation with regional states in a bid to ease its foreign currency crunch. Turkey
Saudi Arabia imports record volumes of discounted Russian fuel oil in June Europe used to be the top market for Russian oil and petroleum products but all that has changed since Russia's invasion of Ukraine. Saudi Arabia
Analysis Qatar leans east to achieve 40% global LNG output by 2029 Qatar took steps last year to maintain its lead in the LNG market and increase future output with the approval of expansion projects set to raise production by 64% to 126 million tons per year by 2027. By Salim A. Essaid
France’s Alstom to build second rail plant in Morocco The company has previously made tramway vehicles in Rabat and Casablanca as well as high speed trains that operate between Casablanca and Tangier. Morocco
Analysis Tunisia-Italy cable project part of effort to connect energy grids with Europe: World Bank Other North African countries are also interested in connecting grids with Europe. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
UAE becomes observer in Asian money laundering group The move follows the UAE being added to a financial watchdog’s list of countries with deficiencies in countering money laundering. Legacy: Gulf
Saudi Public Investment Fund reports $11 billion loss for 2022 Saudi Arabia's sovereign wealth fund reports its assets have risen from $676 billion to about $778 billion in 2022 in a rare gesture of transparency for the Gulf. Saudi Arabia
OPEC oil export revenues surpass $870 billion, highest in decade The revenues from the Organization of Oil Petroleum Exporting Countries peaked in 2012, when they reached $1.2 trillion. Legacy: Gulf