Economy and trade

Portraits of Iranian military generals and nuclear scientists, killed in Israel's June 13 attack are displayed above a road, as a plume of heavy smoke and fire rise from an oil refinery in southern Tehran, after it was hit in an overnight Israeli strike, on June 15, 2025.

Analysis

Israel-Iran war fuels risks for Mideast economies, energy flows after US strikes

The global economic fallout from the Israel-Iran clash has been limited but US strikes are adding to the risk.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

ALAIN JOCARD/AFP via Getty Images

France blocks Israeli weapons display at Paris airshow: What to know

After their exclusion from the Eurosatory and Euronaval fairs, Israeli armament companies have now been prevented from participating in the Bourget defense show in Paris.

Lebanese Minister of Economy Amin Salam (R) vists the port of the capital Beirut, as a corner of the silos which were destroyed in a massive explosion on August 4, 2020, burns on July 14, 2022. - The fire at the port's blast-hit grain silos, at risk of collapse due to severe damage, ignited at the start of the month because of fermentation of remaining grain stocks paired with rising temperatures. (Photo by ANWAR AMRO / AFP) (Photo by ANWAR AMRO/AFP via Getty Images)

Lebanon arrests fmr economy minister Amin Salam on embezzlement charges

The arrest comes nearly a year after the former central bank chief was arrested on charges of embezzlement and money laundering, among other things.

A child crouches over cracked earth at al-Massira dam in Ouled Essi Masseoud village, some 140 kilometres (85 miles) south from Morocco's economic capital Casablanca, on Aug. 8, 2022 amidst the country's worst drought in at least four decades.

Morocco’s agricultural, fishing sectors plunge in 2024 amid drought, climate strain

Agriculture is a pillar of the Moroccan economy, and in 2023, it amounted to more than 11% of the country’s gross domestic product.

Latest News

Egypt's Sisi in UAE to talk Gaza, regional security: What to know

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Egyptian President Abdel Fattah al-Sisi meet in Abu Dhabi on Jan. 17, 2025.

Analysis

As Israel faces 'avalanche' of global criticism, Netanyahu fixated on Trump

Israeli Prime Minister Benjamin Netanyahu gives a press conference in Jerusalem, May 21, 2025.

In Tel Aviv, reporting on national security, Israeli politics, defense

China expands visa-free policy to Saudi Arabia, Oman, Bahrain, Kuwait

JAM STA ROSA/AFP via Getty Images

Gulf states court China, ASEAN at landmark Malaysia summit: What to know

Malaysia's Prime Minister Anwar Ibrahim (L) greets Saudi Arabia's Foreign Minister Prince Faisal bin Farhan al-Saud as he arrives for the 2nd ASEAN-Gulf Cooperation Council (GCC) Summit after the 46th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur on May 27, 2025.

MARTIN BERTRAND/Hans Lucas/AFP via Getty Images

Exclusive

EU could partially suspend Israel's association agreement within weeks: Sources

European diplomats told Al-Monitor that in view of the worsening humanitarian crisis in Gaza, the European Commission is expected to present options to member states for pressuring Israel on the issue.

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

US Energy Secretary Chris Wright speaks with Al-Monitor president Andrew Parasiliti at an Al-Monitor Global Institute event in Washington, DC, May 22, 2025.

US backs more energy investment in Kurdistan region: Energy secretary

Speaking at the Al-Monitor Global Institute event, US Energy Secretary Chris Wright signaled American support for further investment in Iraqi Kurdistan’s hydrocarbon resources.

Qatar's Emir Sheikh Tamim bin Hamad Al Thani (R) sits next to US President Donald Trump as he speaks to Boeing CEO Kelly Ortberg (L).

Analysis

Trump’s Gulf trip lifts embattled Boeing with Qatar, UAE deals

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

BRENDAN SMIALOWSKI/AFP via Getty Images

AI chips, drones, jets: A look at Trump's $3.2 trillion megadeals during Gulf trip

Amid photo ops and lavish receptions, President Donald Trump’s Gulf trip yielded $3.2 trillion in announced deals with Saudi Arabia, Qatar, and the UAE — though some details remain vague.

Trump

In Gulf trip, Trump to prioritize blockbuster deals amid regional turmoil

President Donald Trump is set to land in Saudi Arabia on Tuesday, the first stop in a Gulf tour focused on securing massive investments.

DIMITRIS KAPANTAIS/SOOC/AFP via Getty Images

On fifth Greece visit, Egypt’s Sisi and Mitsotakis advance energy projects: What to know

The new partnership agreement appears to further cement the two nations' growing ties even as migration challenges persist.

JACK GUEZ/AFP via Getty Images

Israel pounds Yemen after Houthi missile strike near Tel Aviv airport: What to know

Foreign airlines are canceling flights to and from Israel after a missile launched from Yemen landed just outside the terminal at Ben Gurion Airport.

Brandon Bell/Getty Images

OPEC+ moves up meeting as oil prices continue to drop: What to know

Saudi Arabia has signaled it is willing to live with lower oil prices as US President Donald Trump calls for more production.

Sheikha Mayes Al-Thani speaks at inaugural USQBC-SelectUSA event in Washington, DC, February 25, 2024.

Interview

Qatar’s digital future offers opportunities in AI, energy, says head of US-Qatar Business Council

Talent, not just capital, is key to sustainable growth, says Sheikha Mayes Al Thani.

Sheikha Mayes Al Thani

Sheikha Mayes Al Thani

Managing Director, US-Qatar Business Council

UAE/LEBANON

UAE lifts Lebanon travel ban, signals support for $11B reconstruction in sign of thaw

The United Arab Emirates and Lebanon will establish a joint business council and explore joint projects, suggesting the UAE could play a role in Lebanon’s economic recovery.

MAHMUD TURKIA/AFP via Getty Images

Libya, Turkey deepen economic ties with new trade committee, $5B target

Turkish Trade Minister Omer Bolat said on a visit to Tripoli that the two countries want to increase their annual trade volume from $3.7 billion to over $4 billion this year and to $5 billion in 2026.

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

Motorists wait at a traffic light by the Central Bank of Egypt building in Cairo early on March 4, 2024.

Analysis

Can Egypt’s economic comeback absorb Trump’s global trade shocks?

Buoyed by foreign investment and cautious reforms, Egypt’s fragile recovery faces a new test from Trump’s tariff-fueled trade turbulence.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech