Economy and trade

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.

Latest News

Analysis

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

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)

Amal Altwaijri

By Amal Altwaijri

In Washington, DC, reporting on Saudi Arabia

Analysis

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

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)

Jonathan Fenton-Harvey

By Jonathan Fenton-Harvey

In London, reporting on North Africa and Gulf politics

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

GREG BAKER/AFP via Getty Images

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

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)

This aerial photo taken on August 4, 2019 shows tugboats berthing an oil tanker at Qingdao port in Qingdao in China's eastern Shandong province. - China's good shipments abroad beat expectations to rise in July while its purchases continued to shrink, official data showed on August 8. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)

Iran's oil shipments to China triple in 3 years despite sanctions

Iran’s strengthening ties to China have prompted some senators to call for more sanctions.

A bag of rice is unloaded from a truck at an Indian grains depot near New Delhi on August 27, 2013, one day after the Indian parliament passed a flagship 18-billion-dollar programme to provide subsidised food to the poor that is intended to "wipe out" endemic hunger and malnutrition in the aspiring superpower. Despite decades of fast economic growth, India still struggles to feed its 1.2-billion population adequately with more than 40 percent of children under five malnourished, according to a major survey

Analysis

UAE rice ban after major exporter India spikes global supply fears

The UAE was the world's 16th-largest importer of rice in 2021 and the majority of it came from India.

By Salim A. Essaid

Benjamin Netanyahu train

Israel’s north-south rail project will link to Saudi Arabia, Netanyahu says

Prime Minister Benjamin Netanyahu is optimistic about the possibility of connecting Israel to the Saudi and wider Gulf rail network.

This picture taken on December 11, 2019, shows a view of railroad tracks by a quarry site at the Jubail Industrial City, about 95 kilometres north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

In a first, Saudi Arabia seals deal with Brazil’s largest miner VBM

The Vale partnership will give Riyadh access to assets in Canada, Brazil and Indonesia.

The front page of the Hurriet Daily news displays a headline of yesterdays interest rate hike at a news stand on June 23, 2023 in Istanbul, Turkey. The Turkish Lira weakened to a record low of 25.74 against the dollar, a day after the central bank hiked interest rates from 8.5 percent to 15 percent in the first rate decision since the appointment of new central bank governor Hafize Gaye Erkan and the re-election of President Recep Tayyip Erdogan last month. (Photo by Chris McGrath/Getty Images)

Erdogan taps ex-NY Fed official as Turkey's deputy Central Bank head

In a major reshuffle, the Turkish president has dismissed all three deputy Central Bank governors as his government ramps up efforts to regain the confidence of Western investors.

Stacks of Iraqi dinars are seen at a currency exchange shop, Baghdad, Iraq, Feb. 14, 2023.

Iraqi dinar falls 17% against dollar amid US restrictions over Iran deals

The current depreciation follows 14 Iraqi banks being barred from using the dollar amid a crackdown on smuggling to Iran.

A picture taken on January 14, 2023, shows the Kingdom Centre tower in the Saudi capital Riyadh. (Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

IMF dims 2023 Middle East outlook as Saudi Arabia's growth slows

The International Monetary Fund's projections for the Middle East and North Africa are down slightly in its latest report.

China Yi

China’s newly appointed FM Wang Yi heads to Turkey, will meet Erdogan

The meeting with Erdogan and Turkish FM Fidan will mark the first high-level visit from a Chinese official since 2021.

NEW YORK, NEW YORK - AUGUST 10: A Chipotle store signage is seen on August 10, 2022 in New York City. NYC Mayor Eric Adams announced on Tuesday that Chipotle Mexican Grill announced that they will be paying $20 million dollars to current and former workers in their NYC restaurants for violating city labor laws. The settlement will cover about 13,000 employees who worked at the chain's NYC stores between 2017 and this year. (Photo by Michael M. Santiago/Getty Images)

Popular Mexican food chain Chipotle coming to UAE, Kuwait

The fast-food giant that specializes in Mexican food is one of the biggest in the United States.

UAE President Mohamed bin Zayed Al Nahyan (R) greeting Turkey's President Recep Tayyip Erdogan

Turkey, UAE ink $50 billion in trade deals during Erdogan visit

The $50 billion worth trade deals come as the Turkish government is struggling to draw foreign funds to ease its currency crisis.

United Arab Emirates

Japan's Prime Minister Fumio Kishida prepares before a roundtable meeting during the 29th EU-Japan Summit at the European Union building, Brussels, Belgium, July 13, 2023.

Analysis

On Gulf tour, Japan's PM secures energy ties as China’s influence grows

Prime Minister Fumio Kishida’s three-day trip that began Sunday to Saudi Arabia, the United Arab Emirates and Qatar — its key energy suppliers — is seen as a crucial move to secure Japan’s energy future.

By Salim A. Essaid

A car drives past a road signal indicating the Allenby (King Hussein) bridge crossing point to Jordan.

Work on Israel-Saudi land bridge has begun, Israeli Foreign Ministry confirms

The project will facilitate the transfer of goods in trucks intially between the UAE, Israel, Jordan and Saudi Arabia.