Economy and trade

A student attends a training seminar at the Tourism Ministry Training center in the city of Riyadh on August 30, 2022.

Interview

Saudi labor localization will take ‘generation or two': Armada CEO

Around 70% of Saudi Arabia's population is 35 years old or younger, according to the kingdom’s General Authority for Statistics, providing ample opportunity for an educated and technology-savvy national workforce in the coming decades.

Olivier Badard

CEO of Armada Holding

A tourist boat passes near crude oil tankers, bulk carriers, and other vessels anchored off Port Sultan Qaboos in Muscat, Oman, June 19, 2026.

Analysis

Why the Hormuz oil shock never became an energy catastrophe

The US-Israel-Iran war produced a historic oil supply shock but not a severe global economic crisis, due to ample prewar supplies, China's energy pivot and strategic reserve releases.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

Elke Scholiers/Getty Images

Oil falls below $74 as Hormuz traffic recovers after Iran war

Brent crude, the international benchmark for oil prices, was trading at $73.81 a barrel at 10:40 a.m. EDT, down 4.2% from Tuesday's close.

A picture shows the four seasons hotel in Beirut with the snow covered mountain of Sannine in the background on March 8, 2019.

Explainer

Lebanon advances controversial $500K golden visa law: What to know

While its supporters say the scheme would help Lebanon's economy recover, critics say it could offer a channel for corruption.

Latest News

Explainer

Qatar blast underscores challenges in race to restart Gulf energy flows

Qatar's Energy Minister and CEO of QatarEnergy Saad Sherida al-Kaabi speaks during a press conference in Doha on June 22, 2026.

Interview

US-Egypt fund makes case for economic statecraft in hard power era

A worker counts banknotes after filling up the tank of a vehicle at a petrol station in Giza on March 10, 2026.

Cornelius Queen

Cornelius Queen

Senior Vice President of the Egyptian-American Enterprise Fund

Oil falls more than 3% after Iran, US signal progress in talks

MUSCAT, OMAN - JUNE 21: Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman. The Strait of Hormuz, a vital shipping route for the region's oil and gas, was effectively blockaded since the outbreak of war between the United States and Iran in late February. This week's provisional peace deal between the countries was meant to reopen the waterway to shipping traffic, but the pace of that reopening is unclear amid continued fighting in Lebano

Analysis

US-Iran deal delivers $300 billion controversy, reconstruction questions

A woman walks past a billboard displaying Iran's national flag at Enghelab Square in Tehran on June 14, 2026.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A dog stands in the Great Court of the Temple of Karnak, Luxor, Egypt, Jan. 17, 2022.

Culture

Egyptians are abandoning their pets as cost of living shoots up

Many Egyptians have been forced to abandon their pets due to the rapid increase in the cost of living.

This photo taken on May 27, 2023 shows customers in a cryptocurrency exchange office in Hong Kong. Retail investors in Hong Kong may soon be able to buy popular cryptocurrencies like bitcoin at government-licensed exchanges, thanks to new rules meant to bolster the city's standing as a digital asset hub. (Photo by Peter PARKS / AFP) / TO GO WITH HongKong-China-economy-Cryptocurrency,FOCUS by Holmes CHAN (Photo by PETER PARKS/AFP via Getty Images)

UAE to cooperate with Hong Kong on fintech, crypto as China ties grow

China’s relations with the UAE and other Gulf states are strengthening, particularly regarding economic and energy matters.

Men drink chai in the street the day after President Recep Tayyip Erdoğan was re-elected on May 29, 2023 in Istanbul,Turkey. Erdogan won another five-year term after being forced into a runoff with the opposition politician Kemal Kilicdaroglu. Erdogan prevailed despite criticism of his management of the country's economy and the government's response to the devastating earthquakes earlier this year. (Photo by Jeff J Mitchell/Getty Images)

Turkish lira slips to new low as Erdogan forms economic team

Turkey's currency has dropped again in the wake of President Recep Tayyip Erdogan’s reelection.

People carrying flags of Pakistan take part in a rally to show solidarity with Pakistan's army in Islamabad on May 17, 2023, after military installations were allegedly damaged by supporters of former Pakistan's prime minister Imran Khan following his arrest last week.

Instability in Pakistan increases risks for UAE, Saudi Arabia

ISTANBUL, TURKEY - MAY 25: People walk past an election campaign poster for Turkey's President Recep Tayyip Erdogan on May 25, 2023 in Istanbul, Turkey. The country is holding its first presidential runoff election after neither candidate earned more than 50% of the vote in the May 14 election. (Photo by Chris McGrath/Getty Images)

Erdogan vs. Kilicdaroglu: What to expect in Turkey's first ever election runoff

Though polls give a lead to the incumbent president, a victory by the main opposition leader in Sunday’s presidential runoff seems still possible depending on a combination of challenging factors.

Saudi students visit booths of Canadian universities during the International Exhibition & Conference on Higher Education, Riyadh, Saudi Arabia, April 19, 2011.

Analysis

What's behind Saudi Arabia’s decision to restore ties with Canada?

Saudi Arabia recalled its ambassador in 2018 following Canada’s criticism of women’s rights activists in the Gulf country.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

TOPSHOT - A huge electoral poster bearing a portrait of Turkish President and presidential candidate of AK Party Recep Tayyip Erdogan with a slogan which reads "Keep going with the right man" covers the facade of a high-rise building in Ankara, on May 23, 2023, ahead of the presidential election runoff on May 28, 2023. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Al-Monitor/Premise Turkey poll: Erdogan, Kilicdaroglu statistically tied in election runoff

The poll found the economy, refugees and justice stand out as the top three issues that the country faces, with 71% of respondents favoring an imminent return of refugees in the country.

Qatari men walk next to a Qatar Airways cargo airplane on the tarmac of Hamad International Airport near the capital Doha, as the first commercial flight to Saudi Arabia in three and a half years following a Gulf diplomatic thaw prepares to take off, on January 11, 2021. (Photo by KARIM JAAFAR / AFP) (Photo by KARIM JAAFAR/AFP via Getty Images)

Qatar Airways struggles to rebound in China with post-COVID labor shortages

CEO Akbar Al Baker said that his airline was seeing a huge demand for travel post-pandemic but a “massive shortage” of capacity due to supply chain issues.

KARIM JAAFAR/AFP via Getty Images

Qatar rolls out $275M market program in latest foreign investment push

The Qatar Investment Authority is setting up a market-making initiative to draw in more foreign investor interest and build up its capital markets.

A Lebanese anti-government protester hold a mask of Lebanon's Central Bank Governor Riad Salameh during a protest in front of the central bank headquarters in Beirut to protest against the economic policies of the bank on November 27, 2019. - Since September, debt-saddled Lebanon has had a liquidity crisis, with banks rationing the supply of dollars. As a result, the dollar exchange rate on the parallel market has topped 2,000 Lebanese pounds -- a spike from the pegged rate of 1,507. (Photo by JOSEPH EID /

Double trouble: Lebanon’s Salameh gets second arrest warrant from Germany

Riad Salameh is under increased scrutiny in Europe on suspicions of money laundering at a time Lebanon is grappling with a deteriorating financial and economic crisis.

A man wearing a face mask leaves after changing money at an exchange office in Istanbul, Turkey, July 29, 2020.

Turkey Elections: Currency fears grow ahead of presidential runoff

Turkey’s foreign exchange crunch has become so grave that the authorities would even go for limiting cash withdrawals from credit cards to keep the Turkish lira from plunging.

Lebanon's Central Bank Governor Riad Salameh gestures during an interview with AFP at his office in the capital Beirut on December 20, 2021. (Photo by JOSEPH EID / AFP) (Photo by JOSEPH EID/AFP via Getty Images)

How much trouble is Lebanon's Riad Salameh in after Interpol's red notice?

Days earlier, the French judiciary issued an international arrest warrant for Riad Salameh after he failed to show up at a hearing in Paris over his alleged involvement in an embezzlement case.