Economy and trade

Russian Sukhoi Su-35S fighter aircrafts, Su-34 military fighter jets and Su-30SM jet fighters fly over downtown Moscow during a military parade on June 24, 2020.

Analysis

Russian leak signals Su-35s for Iran moving to production: What to know

Recently leaked documents suggest 16 fighters are already on Russian assembly lines, with deliveries slated through 2027. For Tehran, it would be the first meaningful fighter upgrade in decades.

Francesco Schiavi

By Francesco Schiavi

In Bologna, reporting on security, defense, economy, governance

An aerial view shows the destruction across Yarmouk camp, Damascus, Syria, on Nov. 8, 2025.

What role is Jordan playing in Syria's reconstruction?

As Syria’s southern neighbor, Jordan is already positioning itself as a logistics hub and diplomatic broker for Syria’s reconstruction.

currency exchange in Tehran

Iran currency dips to new low of 1.2M per dollar as sanctions bite: What to know

Since US President Donald Trump took office in January, the rial has plummeted.

Italy's Prime Minister Giorgia Meloni (C/L) welcomes President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan at The Chigi Palace in Rome, on Feb. 24, 2025.

Meloni to attend GCC summit in Bahrain as Italy deepens Gulf ties

The summit is expected to focus on economic integration in the Gulf, but regional issues will likely loom just as large, including post-war Gaza and the conflict in Sudan.

Latest News

Analysis

US-Gulf critical minerals ties grow in bid to weaken China’s grip on industry

Spots of gold-rich ore speckle a stone pictured during a press tour at the Al-Amar Gold Mine, in the Riyadh region on May 28, 2008.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

UAE showcases global AI ambitions with $1B Africa pledge at G20

His Excellency President CyrilRamaphosa welcomes G20 Heads of State and Government to the G20 Leaders’ Summit, hosted by South Africa at the Johannesburg Expo Centre in Gauteng, on Nov. 22, 2025.

United Arab Emirates

US-Gulf critical minerals ties deepen as Saudis strike rare earths deal

US President Donald Trump and Crown Prince and Prime Minister Mohammed bin Salman of Saudi Arabia stand for a photo.

Analysis

Deals and data: Saudi Crown Prince brings growing AI ambitions on US visit

US President Donald Trump meets with Saudi Crown Prince Mohammed bin Salman during a “coffee ceremony” at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Tourists and locals visit the Dubai Mall aquarium in downtown Dubai, January 2, 2019.

What the Gulf states new unified visa means for Saudi, UAE, other citizens

The new Schengen-like visa — allowing seamless travel between members Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates — will be introduced during 2024-25.

Excess hydrocarbons being burned off at the Nahr Bin Omar natural gas field, north of the southern Iraqi port of Basra, January 22, 2018.

Iraq and Turkmenistan make progress toward deal to transport gas via Iran

Iraq, currently dependent on Iran for gas and electricity, is seeking to develop its own gas supply as well as import gas from Turkmenistan.

ADEM ALTAN/AFP via Getty Images

Turkey returns to dollar bond market as Erdogan shifts approach

The Turkish government has made several fiscal policy changes since the president's reelection in May in an effort to win back investors and address economic problems.

Israeli soldiers are seen in the Palestinian village of Dayr Sharaf, in the West Bank located about seven kilometres (four miles) from the Jewish Einav settlement after an Israeli man was killed leading to dozens of Jewish settlers storming the village on November 2, 2023, amid the ongoing battles between Israel and the Palestinian group Hamas in the Gaza Strip. Three Palestinians were killed on November 2, 2023, by Israeli fire in the occupied West Bank, the Palestinian health ministry said, and an Israeli

Breaking | Last Updated: November 2, 2023, 7:03 pm

Israel approves transfer of tax revenues to Palestinian Authority

The Israeli cabinet approved the transfer to pay the Palestinian security apparatus, despite objection by Finance Minister Bezalel Smotrich.

Crown Prince Mohammed bin Salman of Saudi Arabia arrives at the formal welcome ceremony to mark the beginning of the G20 Summit on November 15, 2022 in Nusa Dua, Indonesia. The G20 meetings are being held in Bali from November 15-16. (Photo by Leon Neal/Getty Images,)

Saudi's GCC-ASEAN summit: Toward an Asia minus China collective strategy

The GCC and ASEAN nations find themselves sharing more strategic commonalities amid the current era of deglobalization, geopolitical instability and economic uncertainties.

Riyadh

Saudi Arabia's oil cuts weigh heavy on economy, GDP tanks by 4.5%

The kingdom's economy shrunk by the most since the COVID-19 pandemic in 2020 due to energy measures.

Ben Gurion Airport

Full list of airlines that have suspended Israel flights after Hamas attacks

Israel’s main international airport has remained open despite the conflict, and most Israeli airlines are still operating.

A bird flies past a boat sailing along Dubai creek in the Gulf emirate on May 2, 2021 while the Burj Khalifa skyscraper is seen in the background. (Photo by GIUSEPPE CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images)

20% rise in Middle East late-stage venture capital funding despite global decline

Startups in the Middle East and North Africa have so far in 2023 reported a 20% year-on-year growth, new data shows, while global funding activity of this type has seen a 49% decline from 2022.

The Pioneering Spirit vessel, which will carry out construction of the offshore section of the Turkish Stream natural gas pipeline, passes the Yavuz Sultan Selim Brigde on the Bosporus, Istanbul, Turkey, May 31, 2017.

Abu Dhabi’s ADQ in talks with Turkey to build railway for trade corridor

Amid increasing cooperation between the two countries, an alternative trade corridor is planned linking Europe, the Middle East and Asia.

Dubai marina

Middle East economic growth to fall sharply in 2023, World Bank says

The Middle East and North Africa’s gross domestic product is expected to plummet to 1.9% in 2023 from 6% in 2022.

GIL COHEN-MAGEN/AFP via Getty Images

Israeli shekel falls to 7-year low of 3.87 against the dollar

The shekel’s fall is the latest sign of economic uncertainty amid Israel’s political turmoil.

A school boy walks near an election campaign bus for Egypt's President Abdel Fattah al-Sisi adorned with his image, his slogan "long live Egypt", and C-shaped balloons, as Sisi's supporters prepare for a rally in Giza, the twin-city of the Egyptian capital, on October 2, 2023. (Photo by Khaled DESOUKI / AFP) (Photo by KHALED DESOUKI/AFP via Getty Images)

Egypt's economy hit with downgrades as Sisi seeks third term

Egypt continues to reel from high inflation, a weak exchange rate and more. Rare protests occurred in the country following President Abdel Fattah al-Sisi’s reelection bid announcement.