Banking and Finance

US President Donald Trump (R) meets with Jordanian King Abdullah II in the Oval Office of the White House, Washington, DC, Feb. 11, 2025.

Analysis

Jordan shores up US lifelines as Iran targets Amman’s reliance on Washington

Already a leading recipient of US aid, Jordan has secured fresh funds from the United States as the Iran war tests Amman and Washington's partnerships.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A man counts Saudi riyal banknotes in the capital, Riyadh, Oct. 3, 2016.

Analysis

How Gulf banks are absorbing Iran war shocks

GCC lenders had a strong hand when the Iran war erupted, affording them resilience to shocks, but risks remain.

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

US President Donald Trump meets Syrian President Ahmed al-Sharaa (L) on the sidelines of the NATO Summit at Bestepe Presidential Compound in Ankara, on July 8, 2026.

US to drop Syria from terror blacklist

The terrorism label remained a key obstacle to Syria's postwar reconstruction.

Syrian President Ahmed al-Sharaa (R) shakes hands with France's President Emmanuel Macron following a joint press conference in Damascus on July 7, 2026.

Explainer

French energy, shipping giants explore Syria deals during Macron visit

The two countries signed preliminary pacts spanning transport, healthcare, banking, infrastructure and development on Tuesday, even as twin explosions in the capital underscored the fragile investment environment.

Latest News

Sudan, China ink memorandum to develop seaports: What to know

A general view shows docked ships at the harbor of the Sudanese city of Port Sudan, on April 27, 2021.

Trump earns $810M from UAE-backed crypto firm: What to know

People walk past a cryptocurrency exchange office with a screen featuring US President Donald Trump holding cryptocurrency coins in Hong Kong on March 12, 2025.

United Arab Emirates

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Olivier Badard

CEO of Armada Holding

Gulf investment to turn inward to rebuild postwar infrastructure: QNB

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

People wave the flag of Palestine and the new flag of Syria as Syrians gather in a protest dubbed "Syrians Against the Occupation" to denounce Israel's continued war on Gaza as well as its occupation of parts of Syria and Palestine in Damascus, Syria, on April 7, 2025.

First Syria delegation under Sharaa visits US, will attend IMF meetings: What to know

Syria's new government faces the daunting task of rebuilding an economy shattered by war and burdened with debt, ongoing sanctions and reconstruction costs.

Egyptian President Abdel Fattah al-Sisi arrives in Doha on Sunday for an official visit and is welcomed by Qatari Emir Sheikh Tamim bin Hamad Al Thani upon his arrival.

Egypt's Sisi visits Qatar, nabs $7.5B in investments: What to know

President Abdel Fattah al-Sisi’s trip to Doha comes amid Egypt’s moves to improve ties with Turkey and tensions with the UAE over the Gaza war.

Retired US army general, David Petraeus, speaks at the Qatar Economic Forum in Doha on May 15, 2024.

David Petraeus, ex-CIA head, tapped to lead KKR's push into Mideast markets

The newly-formed team will identify investment and partnership opportunities in the region, with a focus on the Gulf Cooperation Council countries, the private equity firm said.

People walk past the New York Stock Exchange on Wall Street on April 11, 2025, in New York City.

Where Middle East’s top investors stand as tariffs roil US bond market

Turkey's Minister of Finance Mehmet Simsek takes part in a panel discussion during the Doha Forum in the Qatari capital on December 7, 2024. (Photo by KARIM JAAFAR / AFP) (Photo by KARIM JAAFAR/AFP via Getty Images)

Turkey's Simsek says economy will ride out Trump tariffs without lasting scars

Mehmet Simsek stressed that his government’s economic program has made the economy more resilient against internal and external shocks, highlighting that inflation has fallen and continues to drop.

Jared Kushner, founder and CEO of Affinity Partners, and Steve Witkoff, US Middle East envoy, during a panel discussion at the FII Priority summit, Miami Beach, Feb. 20, 2025.

UAE, Qatar investments fuel Jared Kushner's firm assets to $4.8 billion

Commitments from Abu Dhabi–based asset manager Lunate and the Qatar Investment Authority, the sovereign wealth fund, increased Affinity’s assets by $1.5 billion over a year.

United Arab Emirates

Karim Souaid

Meet Karim Souaid, Lebanon’s new central bank chief with daunting mission

The appointment of a new central bank governor comes nearly two years after the term of embattled governor Riad Salameh ended in July 2023.

Protesters clash with Turkish riot police using tear gas and water cannon during a demonstration following the arrest of the mayor of Istanbul in Ankara, on March 22, 2025.

Imamoglu's arrest triggers emergency market measures as Turkey stocks plunge

The Turkish lira and equities have fallen sharply since the arrest last week of Istanbul Mayor Ekrem Imamoglu — a key rival to President Recep Tayyip Erdogan — on corruption charges, which he denies.

Participants arrive to attend the annual Future Investment Initiative (FII) conference in Riyadh on Oct. 29, 2024.

UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50

Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding for last year.

UAE President Sheikh Mohammed bin Zayed Al Nahyan walks with President Luiz Inacio Lula da Silva of Brazil, on an official visit to the United Arab Emirates, April 15, 2023.

Analysis

A year on, UAE walks BRICS tightrope amid escalating US-Brazil rhetoric

Trump is likely to go head-to-head with BRICS this year. He has declared the group to be "dead" and threatened to impose 100% tariffs on all imports from the member states if they planned to move against the dollar.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Syrian central bank

UK removes 24 Syrian entities from sanctions list, including central bank

The latest decision comes after the European Union lifted several sanctions across banking and energy on Syria on Feb. 24.

The PricewaterhouseCoopers offices are pictured on Oct. 2, 2018, in London, England.

Saudi Arabia's PIF bans PwC advisory, consulting services: What to know

Saudi Arabia's Public Investment Fund will stop granting consulting projects to PwC until February 2026, Bloomberg reported.