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
Turkey's annual inflation surges to 15-month high of 67% With Turkey's annual inflation at 67%, a 15-month high, analysts argue that the Central Bank will need to resume monetary tightening. Turkey
UK-Saudi deal allows kingdom to tap into Britain’s $1T tech market The kingdom spent $5.1 billion on research and development in 2022, a 32.7% from the previous year’s $3.9 billion. Saudi Arabia
New Egyptian company to raise expat funds gets $100m seed investment The project is designed to bring in much-needed foreign currency into the North African country, which is going through its worst economic crisis in more than half a century. Egypt
How Red Sea attacks could rewire Middle East trade and economic cooperation Samuel Wendel In Washington, DC, reporting on regional business and tech
What’s behind flurry of Saudi helicopter deals with Airbus, Leonardo? The Saudi sovereign fund’s helicopter firm inked several agreements during a helicopter expo in this week, choosing to partner with Airbus amid concerns about Boeing. Legacy: Gulf
South Sudan’s oil at risk due to Sudan civil war South Sudan depends on its northern neighbor to export its oil and is facing difficulties with the exports due to the war there and the conflict in the Red Sea. Sudan
Saudi PIF-owned company, tourism fund partner on new downtown for Riyadh Saudi Arabia’s Public Investment Fund is working with the kingdom’s Tourism Development Fund to create "the world’s largest downtown" in the capital. Saudi Arabia
Qatar to pump nearly $11B into French start-ups, funds until 2030 The new investments will target key areas, including the aerospace, energy, semiconductor, artificial intelligence, digital, health, hospitality and cultural sectors. Qatar
Oman jumps 39 places on 2024 Economic Freedom Index, UAE ranks 22 Oman's economic reforms are paying dividends, according to the latest Heritage Foundation index on economic freedom. Legacy: Gulf
Yellen urges Israel to ease West Bank’s economic woes Treasury Secretary Janet Yellen called for Israel to reduce barriers to commerce in the West Bank and reinstate work permits for Palestinians that were revoked after Oct. 7. Israel
Saudi Aramco’s oil production pivot signals Riyadh’s embrace of fungible fiscal policy Karen Young In Washington, DC, reporting on regional energy