Economy and trade

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin (R) meets with UAE President Sheikh Mohamed bin Zayed bin Sultan al-Nahyan (L) at the Novo-Ogaryovo state residence outside Moscow on October 20, 2024. (Photo by Artem Geodakyan / POOL / AFP) (Photo by ARTEM GEODAKYAN/POOL/AFP via Getty Images)

UAE president heads to Russia to meet Putin as ties grow: What to know

UAE President Sheikh Mohammed bin Zayed al-Nahyan is heading to Moscow on Thursday for an official visit, his second in less than a year as Russian-Emirati relations continue to develop rapidly.

United Arab Emirates

A picture shows the headquarters of UAE's state oil company ADNOC in Dubai on July 27, 2022.

UAE’s ADNOC inks 10-year gas deal with India: What to know

The UAE is seeking to export more gas to India as domestic consumption is projected to rise in the South Asian country.

United Arab Emirates

This picture shows old Iranian banknotes of 1 million, 500,000,and 100,000 rials (L), and the new banknotes with four zeros removed (R), on Aug. 3, 2025.

Iran mulls nixing zeros from currency as value plunges: What to know

Iran has experienced massive inflation in recent years and is now contending with an energy crisis as well.

People shop at a local street market in Istanbul, Turkey, May 3, 2023.

Turkey’s inflation falls to four-year low of 33.5%: What to know

Treasury and Finance Minister Mehmet Simsek said on X that annual inflation had fallen to its lowest level in 44 months.

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Analysis

Netflix teams up with MBC’s Shahid in Saudi Arabia: An end to streaming wars?

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Egypt inks offshore oil and gas deals with Eni, BP: What to know

JOSEPH EID/AFP via Getty Images

Somalia's FM visits Azerbaijan, talks energy cooperation: What we know

Azerbaijan

Middle Eastern countries face new Trump tariffs: What to know

INDRANIL MUKHERJEE/AFP via Getty Images

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.

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.

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

Analysis

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

Prime Minister Benjamin Netanyahu seems to be oblivious to the growing diplomatic isolation Israel is facing and possible repercussions on the country’s economy.

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

JAM STA ROSA/AFP via Getty Images

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

During a landmark summit in Malaysia, China announced an exemption for nationals from Saudi Arabia, Oman, Bahrain and Kuwait from the need for entry visas.

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.

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

The Gulf Cooperation Council’s summit with the Southeast Asia bloc was expanded to include China, bringing the emir of Qatar and Saudi Arabia’s top diplomat to Malaysia.

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.