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-India economic ties grow closer with mining agreement Saudi Arabia is seeking to boost its mining sector, and India is a natural partner in this endeavor. Legacy: Gulf
Egypt attracting more investment from Arab states Saudi Arabia and the UAE have invested heavily in Egypt recently, and Qatar may soon follow. Egypt
Israel to invest more in Egyptian renewable energy projects Israel plans to invest more in the field of power generation with renewable energy in Egypt, after two Israeli companies announced a major plan to carry out several projects to this effect. Egypt
Saudi Arabia to invest $1 billion in Pakistan, following UAE and Qatar Pakistan is seeking help from the Gulf amid its foreign currency reserves crisis. Saudi Arabia
South Korea to work with Russia on Egypt’s first nuclear power plant The move further cements Egypt and South Korea’s strong economic and defense ties. Egypt
Egypt-Chinese consortium to run terminals in Red Sea, Mediterranean ports The Egyptian government signed new concessions with a Chinese alliance to build and operate two world-class container terminals in the ports of Sokhna and Dekhila, as part of a container logistics project to link the Red and Mediterranean seas. Egypt
Iran, Russia use own currencies for trade Saudi Arabia and India have also signaled moving away from the US dollar. Iran
Middle East is building a big lead in global hydrocarbon investments Gerald Kepes In Washington, DC, reporting on regional energy trends
UAE more than doubles investment in Egypt Egypt is seeking to sell state companies, which has attracted Gulf investors. Egypt
Saudi Central Bank approves fintech companies Lean Technologies, Mod5r Saudi Arabia recently launched a fintech strategy with the goal of becoming a regional hub for financial technology. Saudi Arabia
Egypt’s foreign reserves drop 19% due to economic crisis caused by Russia-Ukraine war Egypt’s public budget is facing a major deficit due to the increase in expenditures and national currency depreciation. Egypt
Tourism up 128% in Turkey with travelers from Germany, Russia Turkey's foreign visitors are up despite concern that the Russian invasion of Ukraine would hurt its tourism industry this year. Turkey