Economy and trade

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.

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Interview

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

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

Sheikha Mayes Al Thani

Sheikha Mayes Al Thani

Managing Director, US-Qatar Business Council

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

UAE/LEBANON

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

MAHMUD TURKIA/AFP via Getty Images

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

Analysis

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

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

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Saudi Arabia, UAE, Qatar face uneven 2025 growth as trade tensions rise: IMF

While Gulf economies face only the Trump administration’s baseline 10% tariffs, the levies have already impacted oil prices and revenue, especially for rentier states like Saudi Arabia.

Employees stand behind stacks of local currency notes as they serve clients at an exchange shop in Damascus, on April 16, 2025.

IMF appoints first Syria mission head in 14 years: What to know

Syria's new government faces the task of revitalizing an economy that has been devastated by 14 years of war and ravaged by international sanctions.

Indian Prime Minister Narendra Modi (R) shakes hands with Saudi Crown Prince Mohammed bin Salman prior to a meeting at Hyderabad House in New Delhi on Feb. 20, 2019.

Analysis

India's Modi visits Saudi Arabia, seeks to boost trade route to counter China

India's largely transactional relationship with Saudi Arabia has moved beyond oil sales to a more strategic and closer partnership.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

Jakarta

GCC-Indonesia economic ties deepen with Saudi MoUs, joint Qatar fund

Trade between Indonesia and the Gulf is rising and negotiations are underway for a GCC-Indonesia free trade agreement.

His Highness Sheikh Mohamed bin Zayed was hosted in Paris by President Emmanuel Macron, where the sides signed a groundbreaking cooperation agreement in AI, on Feb. 6, 2025.

Analysis

UAE hedges against global economic volatility with EU trade agreement

The UAE is doubling down on bilateral free trade agreements as it hedges against economic headwinds fueled by the United States' universal tariff policy.

Jennifer Gnana

By Jennifer Gnana

In Dubai, reporting on Gulf energy policy and politics

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.

NEW YORK, NEW YORK - SEPTEMBER 12: People walk by PricewaterhouseCoopers (PwC) New York headquarters after the company announced a major restructuring on September 12, 2024 in New York City. PwC LLP will let go of up to 1,800 US employees next month as the accounting firm shifts to in-house technology developers and streamlines its advisory practice. (Photo by Spencer Platt/Getty Images)

Analysis

Saudi Arabia-PwC split signals shift to local consultancies: What to know

The Saudization of the consultancy sector is not a compliance exercise but instead amounts to a strategic realignment that challenges the long-standing, but outdated, assumption that foreign expertise is inherently superior.

Amal Altwaijri

By Amal Altwaijri

In Washington, DC, reporting on Saudi Arabia

TOPSHOT - France's President Emmanuel Macron (R) shares a laugh with Turkey's President Recep Tayyip Erdogan (L) ahead of a round table as part of the European Political Community Summit in Budapest, on November 7, 2024. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)

Analysis

France recalibrates Turkey ties as east Med dynamics shift: What to know

After years of strain between France and Turkey, the two countries seem to be seeking rapprochement on regional issues.

Jonathan Fenton-Harvey

By Jonathan Fenton-Harvey

In London, reporting on North Africa and Gulf politics

GREG BAKER/AFP via Getty Images

China courts Gulf, BRICS allies as trade war with US escalates

Since US President Donald Trump announced reciprocal tariffs on more than 180 countries on April 2, Beijing has stepped up engagement with Riyadh.

WASHINGTON, DC - JANUARY 28: U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu participate in a joint statement in the East Room of the White House on January 28, 2020 in Washington, DC. The news conference was held to announce the Trump administration's plan to resolve the Israeli-Palestinian conflict. (Photo by Sarah Silbiger/Getty Images)

Netanyahu set to meet Trump amid differences over Iran, tariffs and Turkey: What to know

In a surprise move, the US president invited the Israeli prime minister to Washington at short notice to discuss his recent tariff decision, the Iranian file and other issues.

Thomas Kronsteiner/Getty Images

OPEC+ members boost output as Trump tariffs bring down oil prices

The US president has been calling on Saudi Arabia and other top oil producers to boost production and bring down prices.

WASHINGTON, DC - APRIL 02: U.S. President Donald Trump speaks during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Touting the event as “Liberation Day”, Trump announced additional tariffs targeting goods imported to the U.S. (Photo by Chip Somodevilla/Getty Images)

How Trump's latest tariffs impact the Middle East

Gulf countries were relatively spared, with the US imposing only a 10% tariff, whereas other Middle Eastern nations are facing steeper trade penalties.