China in the Mideast

Banque Saudi Fransi - Head Office in Al Wizarat - stock photo

Singapore's DBS Group, Banque Saudi Fransi ink Asia-Gulf trade deal

Trade between Southeast Asia and the GCC reached about $130.7 billion in 2023 and is expected to grow by another $50 billion by 2027, according to the Singaporean lender.

Two Exchange Square in Central District. Hong Kong Stock Exchange (SEHK) is located in the this building.

Hong Kong exchange expands Gulf presence with new Dubai commodities arm

The emirate has positioned itself as a global commodities trading hub, with the UAE ranking second globally after the US in last year’s Commodity Trade Index.

United Arab Emirates

A man wearing a traditional cloth walks past national flags of Algeria near the Bay of Algiers in Algiers, on Aug. 25, 2022.

Analysis

Algeria hails new $60B energy plan but price slump threatens reform push

The OPEC member recently held its first oil and gas licensing round in a decade, attracting significant international interest and awarding five of six onshore blocks, signaling progress in its energy ambitions despite ongoing challenges.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Drones are displayed on the back of a vehicle during an official military parade marking the ninth anniversary of the Houthi takeover of the capital, Sanaa, on Sept. 21, 2023.

US sanctions firms in China, Turkey, UAE over Iran drone network

The entities are accused of facilitating the purchase of American electronic components found in weaponized drones used by Iran-backed groups such as Yemen’s Houthi rebels and Gaza-based Hamas.

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

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Interview

Al-Futtaim targets 2026 UAE rollout for game-changer ultrafast EV charging

Bellieud

Lucas Bellieud

Al-Futtaim Electric Mobility Managing Director

Analysis

How far will China, Russia go in shielding Iran from UN sanctions?

China's Foreign Minister Wang Yi (C) welcomes Russia's Deputy Foreign Minister Sergey Ryabkov (L) and Iran's Deputy Foreign Minister Kazeem Gharibabadi.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Iran rial hits record low 1.13M to dollar as UN snapback sanctions resume: What to know

Iranians drive next to a billboard displaying pictures of nuclear scientists, centrifuges and a sentence reading in Farsi, "Science is the power," at the Enqelab Square in Tehran, on Aug. 29, 2025.

Analysis

How Afghanistan's Bagram base became focal point of US-China-Iran rivalry

Taliban military vehicles parade to celebrate the third anniversary of Taliban's takeover of Afghanistan, at the Bagram Air Base, in Bagram, Parwan province on Aug. 14, 2024.

Sabena Siddiqui

By Sabena Siddiqui

In Karachi, reporting on South Asia, Middle East, Iran

Dancers perform at the opening of the Confucius Institute in Algiers, Sept. 23, 2025.

Culture

Algeria, China deepen cultural ties with opening of Confucius Institute

Algeria this week inaugurated the institute, marking a major milestone in cultural and academic cooperation with China.

FAYEZ NURELDINE/AFP via Getty Images

Saudi Arabia courts Chinese firms in mining investment drive

Mining and Industry Minister Bandar Alkhorayef met with executives from more than 20 mining firms in Beijing on Thursday.

China's President Xi Jinping (R) and Israel's Prime Minister Benjamin Netanyahu shake hands ahead of their talks at Diaoyutai State Guesthouse in Beijing on March 21, 2017. / AFP PHOTO / POOL / Etienne Oliveau (Photo credit should read ETIENNE OLIVEAU/AFP via Getty Images)

Analysis

As Israelis sour on China, Netanyahu provokes Beijing — but to what end?

With China already opposing Israeli actions in Gaza, Prime Minister Benjamin Netanyahu has accused China and Qatar of orchestrating anti-Israel campaigns on social media.

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

KHALED DESOUKI/AFP via Getty Images

Egypt's Suez Canal Economic Zone posts record $237M revenues

Suez Canal transit revenues declined 54% between July 2024 and March 2025, caused by reduced shipping traffic in the Red Sea amid attacks by Yemen's Houthi rebels on commercial vessels.

Google Pay, China’s Alipay+ launch in Saudi Arabia amid cashless push

Both payment platforms will use mada, the kingdom’s national payment system.

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

An Xpeng AeroHT X2 Flying Car is seen on display in Hong Kong on May 17, 2024

China-made flying car makes first test flight in UAE: What to know

The Chinese company is facing competition from a US firm that is currently developing an air taxi service in Dubai.

United Arab Emirates

Guests attend a policy dialogue on Embracing Emerging Opportunities in times of Economic Uncertainty during the 10th Belt and Road Summit in Hong Kong, China, Sept. 10, 2025.

Hong Kong inks agreements with Gulf partners at BRI Summit

Some 36 business agreements covering finance, technology, logistics, professional services and education were set to be signed at the event.

Chinese President Xi jinping attends a photo session for participants of the Shanghai Cooperation Organization summit 2025 on Sept. 1, 2025, in Tianjin, China.

China calls on BRICS to boost multilateral trade as Iran, UAE eye closer ties

The UAE’s and Egypt’s trade with BRICS members is on the rise, while Iran’s efforts to increase economic ties are complicated by sanctions.

An MQ-9 Reaper remotely piloted aircraft (RPA) is parked in an aircraft shelter at Creech Air Force Base on November 17, 2015 in Indian Springs, Nevada.

Trump aims to crack Gulf's armed drone market with looser export restrictions

Washington's latest reinterpretation of the 35-nation MTCR agreement is expected to open the door for a potential major sale of advanced aerial weaponry to Saudi Arabia.

Traffic flows past a huge billboard showing a missile falling on Israel with the slogan "The missile has fallen amidst the demons," on a main road in central Tehran on July 16, 2025.

Analysis

Iran turns to China, Russia to bolster air defenses as it preps for next Israel war

Following the 12-day war with Israel, Iran is increasing its military budget to repair its crippled air defense systems, pursuing procurement from China and Russia as commanders claim confidence in preventing renewed conflict.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Stacks of Iranian rials and US dollars sit counted on a table in an unofficial currency exchange shop, Tehran, Iran, Aug. 6, 2025.

Analysis

Old sanctions, new risks: Iran’s economy hampered by war fallout, China reliance

Europe’s move to revive UN sanctions against Iran comes amid growing economic strain for a country already buckling under war damage, domestic crises and a plunging currency.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

An Edge 130 Blue small, unmanned aircraft system (sUAS) assigned to the 1st Special Operations Wing takes off to perform flight demonstrations to partner nations during BRIGHT STAR 2025 at Talet Al Keif, Egypt.

Pentagon kicks off Bright Star war games in Egypt with 1,500 US troops

US Central Command is seeking to firm up Washington’s sway with Egypt's leaders amid signs of instability, as China expands its own leverage over the strategic state that controls the Suez Canal.