Economy and trade

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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.

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

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

Egypt and the UAE are close allies, coordinating in various regional issues while maintaining close economic relations.

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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.

Exclusive

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

MARTIN BERTRAND/Hans Lucas/AFP via Getty Images

Rina Bassist

By Rina Bassist

In Paris, reporting on Israeli politics and European affairs

Axel Baroux

Interview

Saudi Expo 2030 to offer major opportunities for French businesses, says official

In November, the Saudi capital won the right to host the Expo 2030 world trade fair that is expected to attract around 40 million visitors and billions of dollars of inward investment.

Axel Baroux

Axel Baroux

French Trade and Invest Commissioner for the UAE and Middle East

India's prime minister, Narendra Modi, and his Saudi Arabia counterpart and Crown Prince Mohammed bin Salman (L) shake hands during a session of the G20 Leaders' Summit at the Bharat Mandapam in New Delhi on Sept. 9, 2023.

Analysis

Gaza war complicates IMEC plans even as Gulf-India ties warm

The India-Middle East-Europe Economic Corridor's progress is facing some difficulties related to geopolitical complexities, funding and conflicts in the Red Sea and Gaza.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Goldman Sachs first Wall Street bank to get green light for Saudi Arabia HQ

The US-headquartered investment bank received a license from the Saudi Ministry of Investment to set up its regional headquarters in the capital, Riyadh.

WASHINGTON, DC - APRIL 17: U. S. Treasury Secretary Janet Yellen speaks during a meeting with Japan's Minister of Finance Shun'ichi Suzuki and South Korea's Minister of Economy and Finance Sangmok Choi at the Treasury Department on April 17, 2024. Yellen cautioned on Tuesday that the U.S is poised to escalate sanctions against Iran in response to its recent assault on Israel. (Photo by Michael A. McCoy/Getty Images)

Yellen warns Israel against blocking Palestinian banks, battering West Bank

Israel has been threatening to cancel a vital waiver that expires July 1 between Israeli and Palestinian banks that allows Israeli banks to process shekel payments for vital services and PA salaries.

CAMILLE LAFFONT/AFP via Getty Images

UAE's ADNOC invests in Mozambique's natural gas in first African foray

The deal will give ADNOC a share of the liquified natural gas output from the concession, which has a combined capacity of over 25 million metric tons per pear, the company said in a statement.

United Arab Emirates

SHARM EL SHEIKH, EGYPT - FEBRUARY 24: King Salman bin Abdulaziz Al Saud of Saudi Arabia during talks with UK Prime Minister Theresa May while they attend the first Arab-European Summit on February 24, 2019 in Sharm El Sheikh, Egypt. Leaders from European and Arab nations are meeting for the two-day summit to discuss topics including security, trade and migration. (Photo by Dan Kitwood/Getty Images)

Saudi crown prince cancels Japan trip over King Salman's health concerns

The Saudi Press Agency reported Sunday that the crown prince’s 88-year-old father, King Salman Bin Abdulaziz, was suffering from lung inflammation and will be treated at the Al Salam Palace in Jeddah.

People look at a BYD Seal car by Chinese electric vehicle (EV) manufacturer BYD Auto at the Bangkok International Motor Show in Nonthaburi, March 27, 2024.

Turkey-China in 'advanced' talks on EV manufacturing as Beijing footprint grows

Turkey and the Gulf states are aggressively pursuing electric vehicles with entities eyeing cooperation with China.

This picture shows a man monitoring the board at the Saudi Stock Exchange Market (Tadawul) bourse in Riyadh, on Dec. 12, 2019.

Gulf consolidates stature as sovereign wealth hub, lags on per capita holdings

A frenzy of recent initial public offerings has again highlighted Gulf states' statuses as global wealth hubs.

Sebastian Castelier

By Sebastian Castelier

In Dubai, reporting on regional business

Far-right Israeli Finance Minister Bezalel Smotrich walks with soldiers during a visit to Kibbutz Kfar Aza near the border with the Gaza Strip on Nov. 14, 2023, in the aftermath of an attack by Palestinian militants on Oct. 7.

Israel's Smotrich will abolish free trade deal with Turkey, slap 100% tariff

As Israel becomes increasingly isolated internationally, the army stated that two Thai workers, presumed kidnapped by Hamas, were actually killed by the group on Oct. 7.

GIUSEPPE CACACE/AFP via Getty Images

Dubai beats Singapore, London as top city for 'greenfield' FDI projects

FDI Markets data, compiled by the Financial Times, found the UAE's financial capital ranked top overall in global "greenfield" FDI projects attracted in 2023.

United Arab Emirates

Qatar's Finance Minister Ali bin Ahmed Al Kuwari (L) listens as his Saudi counterpart Mohammed Al-Jadaan speaks during a session at the Qatar Economic Forum in Doha on May 14, 2024.

Saudi Arabia 'conservative' on oil revenue as it pares back Vision 2030 plans

Mohammed Al-Jaadan warned that being a resource-rich country was a curse as well as a blessing because being dependent on one commodity such as oil can hold a country "hostage" to the volatility of global demand and prices.

The cargo ship Inter Sydney, flying under the flag of Saint Vincent and the Grenadines, sails through the Shahid Beheshti Port in the southeastern Iranian coastal city of Chabahar, on the Gulf of Oman, during an inauguration ceremony of new equipment and infrastructure on Feb. 25, 2019.

How Iran could benefit from Chabahar Port deal with India

India has been reluctant to move ahead with its plans for Chabahar due to US sanctions, despite an exemption.