Crypto crash collides with UAE’s big bet on digital assets After hitting record highs in 2025, Bitcoin’s sell-off is roiling global markets and making waves in the UAE. United Arab Emirates
Merz courts Gulf as Germany seeks energy alternatives to US, China Berlin is seeking to capitalize on ties with Gulf energy giants as relations with the United States have cooled amid strains over transatlantic defense commitments, Washington’s pursuit of Greenland and tariffs. Qatar
Gulf markets recover after gold rout, buoyed by Iran de-escalation hopes Saudi Arabia’s benchmark stock index, TASI, rose 1.4%, a day after falling the most in nearly 10 months amid a broad sell-off in the commodities market. United Arab Emirates
Analysis As envoys recalled, what's driving Israel-South Africa rupture? South Africa has expelled the Israeli charge d'affaires, deepening the diplomatic crisis between the two countries. By Rina Bassist In Paris, reporting on Israeli politics and European affairs
Analysis Saudi Arabia downsizes megaprojects, chases cash amid AI push By Samuel Wendel , Jack Dutton
UAE-China ink multibillion-dollar deals as ties grow The United Arab Emirates and China are major trade partners and have strengthened cooperation in both finance and energy in recent months. Legacy: Gulf
What does Saudi Arabia hosting of Expo 2030 mean for its economy? Winning the rights to host the world fair follows news that the kingdom will likely host the 2034 FIFA World Cup, among several other major events. Legacy: Gulf
Italy and Saudi Arabia in talks for major deals as ties grow under Meloni The government of Italian Prime Minister Giorgia Meloni, which came into power in October 2022, has been working to deepen ties with energy- and cash-rich states in the Middle East and North Africa. Saudi Arabia
As Israel’s economy slows, investors ask how long will Hamas war go on Despite fears, previous periods of violence in Israel, Gaza and the West Bank showed the Israeli economy emerging stronger on the other side. Israel
Why is Turkey securing trade with Israel as Erdogan cheers on Hamas? The Turkish president may be the loudest leader speaking up for the Palestinians, but he has paid no heed to calls for sanctions that could really bite Israel. Turkey
Business & Tech Briefing: Dubai gears up for COP28 By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
What $6.9B China-Saudi currency swap means for Beijing’s efforts to globalize yuan China’s increasing economic influence and the high price of the US dollar, which has increased amid increasing interest rates to tame inflation, have led some economies to switch to cheaper yuan-denominated transactions. Saudi Arabia
Analysis How the Hamas war wreaked havoc on Israel’s economy Israel’s central bank said that the war with Hamas is a “major shock” to the economy and has been more expensive than initially estimated. By Jack Dutton In Bristol, reporting on regional business, climate change, AI, tech
What awaits Turkey's economy as its foreign exchange woes ease? After the March local polls, Ankara will be free of major domestic political concerns and is expected to enact a stern program to cool the economy and make real progress in fighting inflation. Turkey
Russia and China big participants at Dubai Airshow At this year's event, the UAE is balancing friendly relations with the United States as well as with China and Russia, including via the BRICS alliance. Legacy: Gulf
In first, Bahrain asset manager targets up to $550 million in China yuan fund Gulf buyers have announced 13 acquisitions of public and private Chinese companies so far in 2023, compared to just one in the same period of last year, according to data compiled by LSEG. Bahrain
Turkey reports account surplus amid fiscal policy changes Turkish bonds may also become more attractive, according to a top bank, as Turkey’s new economic leaders raise interest rates and end unpopular policies. Turkey
