BREAKING NEWS
UAE announces $50 billion green energy initiative at COP31New Zealand parliament passes historic housing reform billSaudi Arabia opens applications for 2027 Asian Winter GamesJordan-NZ trade agreement enters final negotiation phaseEgyptian tech startups raise record $2.3B in Q2 2026UAE announces $50 billion green energy initiative at COP31New Zealand parliament passes historic housing reform billSaudi Arabia opens applications for 2027 Asian Winter GamesJordan-NZ trade agreement enters final negotiation phaseEgyptian tech startups raise record $2.3B in Q2 2026
🕌 Middle EastEconomics & Business

Economics & Business

Economics & Business — Middle East

US energy secretary will travel to Venezuela to unveil oil arrangement
Economics & Business·2 min read

US energy secretary will travel to Venezuela to unveil oil arrangement

Venezuela's National Assembly voted to back the 65-billion-barrel oil deal, despite no details being publicly released.

US urges G20 to cut trade imbalances, focus on China
Economics & Business·2 min read

US urges G20 to cut trade imbalances, focus on China

US Treasury Secretary Bessent urges other G20 countries to do more to protect their economies from Chinese imports.

Five years after Saied’s power grab, Tunisia’s old grievances resurface
Economics & Business·2 min read

Five years after Saied’s power grab, Tunisia’s old grievances resurface

Economic grievances persist while space for dissent has narrowed under President Kais Saied.

What is Notting Hill Carnival’s Jab Jab parade?
Economics & Business·2 min read

What is Notting Hill Carnival’s Jab Jab parade?

The Jab Jab parade sees hundreds don devil horns and cover their skin in motor oil for London’s Notting Hill Carnival.

What are the implications of the US-Venezuela oil deal?
Economics & Business·2 min read

What are the implications of the US-Venezuela oil deal?

Opposition in Venezuela as interim leader insists the deal with Washington will help with the country's recovery.

Brazil fines TikTok $30m for child data privacy violations
Economics & Business·2 min read

Brazil fines TikTok $30m for child data privacy violations

Owner ByteDance ordered to erase illegally obtained child data in Brazil as crackdown on tech giants intensifies.

How US sanctions on Iran ripple through global markets and consumers
Economics & Business·2 min read

How US sanctions on Iran ripple through global markets and consumers

New sanctions hit Iran's aviation, tech, and shipping sectors, amplifying pressure on global markets and energy prices.

Iran faces 'greatest financial offensive ever', says US treasury secretary
Economics & Business·2 min read

Iran faces 'greatest financial offensive ever', says US treasury secretary

Scott Bessent says the US will sever all economic ties with the country and that any nation partnering with Iran financially will also be isolated.

US plans to revoke business, tourism visas of 200,000 asylum seekers
Economics & Business·2 min read

US plans to revoke business, tourism visas of 200,000 asylum seekers

If the action happens, it will be the largest single mass revocation of visas in US history, AP reports.

Iran threatens countries that join US ‘economic D-Day’
Economics & Business·2 min read

Iran threatens countries that join US ‘economic D-Day’

Iran warns that countries joining the US economic war against Iran will face ‘tit-for-tat’ action.

Iran war live: Tehran warns neighbours against joining US economic war
Economics & Business·2 min read

Iran war live: Tehran warns neighbours against joining US economic war

Official says any state joining US would be considered an enemy and Tehran would target their interests in retaliation.

Israel opens up bids for highly-sensitive West Bank settlement project
Economics & Business·2 min read

Israel opens up bids for highly-sensitive West Bank settlement project

The UK's foreign secretary condemned the move as "an unacceptable and destructive act".

US ambassador to Israel calls settler violence ‘terror’
Economics & Business·2 min read

US ambassador to Israel calls settler violence ‘terror’

US Ambassador to Israel Mike Huckabee says Israeli settler violence in the occupied West Bank

Palestinian American reunites with family under siege in West Bank
Economics & Business·2 min read

Palestinian American reunites with family under siege in West Bank

Videos show the first moments Palestinian-American Loui Ridi arrived at his home in Qusra.

Oil Prices Surge as OPEC+ Maintains Production Cuts
Economics & Business·4 min read

Oil Prices Surge as OPEC+ Maintains Production Cuts

Global oil prices have surged past $95 per barrel after OPEC+ decided to maintain current production cuts through Q4 2026.

Women Leaders Driving Business Innovation in Gulf States
Economics & Business·5 min read

Women Leaders Driving Business Innovation in Gulf States

A new generation of women executives is reshaping the business landscape across the Gulf Cooperation Council nations.

Egypt's New Smart Capital Attracts Global Tech Giants
Economics & Business·5 min read

Egypt's New Smart Capital Attracts Global Tech Giants

Egypt's New Administrative Capital is drawing major technology companies as the government offers attractive incentive packages.

Saudi Arabia's KAFD Becomes Hub of Financial Innovation
Economics & Business·7 min read

Saudi Arabia's KAFD Becomes Hub of Financial Innovation

King Abdullah Financial District in Riyadh is attracting global banks and fintech firms as Saudi Arabia accelerates its Vision 2030 agenda.

UAE Announces $50 Billion Green Energy Initiative at COP31
Economics & Business·6 min read

UAE Announces $50 Billion Green Energy Initiative at COP31

The UAE has unveiled a massive $50 billion green energy initiative, marking one of the largest clean energy commitments in the Middle East.