UAE deepens Asia ties as Malaysia, Australia trade deals kick in Asia accounts for around 60% of the world’s gross domestic product and pursuing trade deals there helps the UAE hedge against dependence on both the US and China. United Arab Emirates
What’s next for Saudi Arabia’s budget balancing act as deficit doubles? The Gulf state now expects a deficit of $65.3 billion in 2025 — more than double the initial forecast — as the kingdom continues heavy spending amid weak oil prices. Saudi Arabia
After China, Saudi industry minister visits Vietnam in eastward economic push Saudi Arabia’s Minister of Industry and Mineral Resources Bandar Alkhorayef met with a number of Vietnamese officials on Monday as the oil-rich Gulf kingdom looks east to diversify its economic alliances. Saudi Arabia
Sudan, Russia sign trade deals as Khartoum seeks funds, Moscow eyes Red Sea port The meeting in Moscow produced two agreements and an economic and trade cooperation protocol. Sudan
Analysis OECD forecasts 3.7% growth for Saudi Arabia, citing US tariff shield By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
Analysis As Carrefour retreats in Mideast, can new Gulf superstore brand advance? By Samuel Wendel In Washington, DC, reporting on regional business and tech
Back to roots: India, the Arabian Gulf and the reemergence of West Asia Building personal connections with Gulf leaders has proven instrumental for Modi in fostering stronger ties between India and the region. Legacy: Gulf
Brazil’s Lula signs cooperation deals on Egypt visit, will head to Ethiopia next The Brazilian president met his Egyptian counterpart, Abdel Fattah al-Sisi, attended an Arab League meeting and is seeking to expand the strong trade ties between the two countries. Egypt
What’s behind Egypt decision to raise minimum wage, government salaries by 50%? Egypt’s economy has suffered from high inflation for years, and now the spillover from the Gaza war is exacerbating the situation. Egypt
London Metal Exchange to build delivery centers in Saudi Arabia Investors and mining companies are bracing for a wave of exploration licenses awarded in Saudi Arabia after the kingdom nearly doubled its untapped mineral estimate to $2.5 trillion and announced new incentives for miners in January. Saudi Arabia
Gulf-India relations boosted by UAE deals, Saudi Aramco talks India has made deals with the UAE and Qatar recently, and trade between India and the GCC is rising. Legacy: Gulf
Will Egypt succeed in upping its multimillion-dollar IMF bailout? North Africa's largest economy is working to increase its $3 billion IMF program to $10 billion as it faces its worst financial downturn in decades. Egypt
India's government ratifies UAE investment deal as trade booms The UAE and India have substantial and growing economic ties and Abu Dhabi is seeking to invest more in the South Asian country. Legacy: Gulf
Kuwait emir travels to Saudi Arabia for first foreign visit Relations with Saudi Arabia are a priority for Kuwait's new emir. Legacy: Gulf
As Turkey, Azerbaijan advance Zangezur Corridor, will Armenia play ball? The Zangezur transport corridor is set to help link Europe and China later this year, but Armenian resistance remains an issue. Turkey
Red Sea trade hit can be 'managed' amid weak global demand, says WEF Maroun Kairouz, director of the World Economic Forum for the Middle East and North Africa, told Al-Monitor that the Israel-Hamas conflict has not had a material impact on global energy markets so far. Yemen
EV charging infrastructure needed to accelerate carbon emission cuts, says DP World The UAE-headquartered company's CEO Sultan Ahmed bin Sulayem told Al-Monitor that the sector could place more emphasis on equipment providers to allow for cost-competitive electric equipment to drive forward decarbonization goals. United Arab Emirates
India secures trade, power with new naval role in Middle East Without aligning directly with the US-led mission against the Houthis in Yemen, the Indian navy's independent operations set a precedent for India's evolving military posture in West Asia and mark a departure from its traditional strategic restraint. By Mohammed Soliman In Washington, DC, reporting on Gulf politics
