News, economy and analysis from across the Middle East
EnergyAnalysis
The coordinated move by major economies aims to ease global fuel prices and address Europe's diesel shortage. For Saudi Arabia, this could mean less revenue from its primary export.
Soaring global energy prices have pushed Morocco's trade gap wider, putting pressure on household budgets and government finances.
As the Lebanese pound loses more than 98% of its value, the country's economic recovery hinges on crucial IMF-backed reforms. However, a presidential challenge to a new banking law highlights ongoing political hurdles.
A security breach on a Dubai-Tel Aviv flight has halted a key regional air link, affecting thousands of business and leisure travellers.
The Kingdom projects a significant economic contraction in 2026 due to falling oil activity, yet remains committed to its multi-billion dollar Vision 2030 projects.
Despite ongoing market volatility and efforts to recover supply, the major oil producers are taking a cautious stance, impacting global energy markets and regional trade.
Global oil markets are reacting to ongoing geopolitical tensions and reduced Gulf supply, pushing prices upwards. The UAE is investing in critical infrastructure to safeguard its exports.
The two nations are boosting investment and promoting local currency trade, aiming for a significant increase in total commerce by 2032.
Egypt is aiming for solid economic expansion and attracting significant investment, but a depreciating currency could impact your purchasing power and business costs.
The ongoing Iran conflict has severely impacted global oil supply through the vital Strait of Hormuz, pushing prices significantly above pre-war levels.