Middle East
Emirates to hold Boeing’s ‘feet to the fire’ to deliver on $38 billion deal, president says
An experimental Boeing 777X aircraft at the Dubai Air Show in Dubai, United Arab Emirates, on Monday, Nov. 17, 2025. Christopher Pike | Bloomberg | Getty Images Emirates is piling the pressure on Boeing to deliver on a $38 billion order placed this week, the airline’s president told CNBC on Tuesday. Speaking to CNBC at […]
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Singapore sees further cooperation between ASEAN and EU on digital economy, deputy PM says
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Despite rising trade tensions, Singapore still wants to push ahead with a “multilateral, rules-based trading system,” and sees further cooperation between ASEAN and […]
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Inside the Gulf’s trillion-dollar AI gamble
With energy and cash to spare, the Middle East’s wealthy Gulf states are attempting to position themselves as the next global AI hub. Source
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Qatar Airways sells entire Cathay Pacific stake for $897 million
Qatar Airways logo is seen on a plane model. Nurphoto | Nurphoto | Getty Images State-owned Qatar Airways has decided to sell its entire stake in Cathay Pacific Airways for about $897 million (HK$6.97 billion), marking its complete exit from Hong Kong’s flagship airline after eight years. Cathay said late on Wednesday that the Doha-based carrier had approached it about selling its entire 9.7% stake, and it would repurchase the shareholding […]
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Middle East gains ground with Chinese tourists during Golden Week
The Middle East has traditionally not ranked among the top destinations for Chinese travelers, but that appears to be changing fast. During this year’s extended Golden Week holiday — which runs Oct. 1–8 — Chinese travel reservations to Doha surged 441% from a year earlier, while bookings to Abu Dhabi rose 229%, according to Trip.com. The […]
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Israel approves Trump’s peace plan, clearing the way for a ceasefire in Gaza
Smoke rises after Israeli airstrikes targeted areas in the Gaza Strip despite the announcement of a cease-fire agreement, as seen from the Israeli city of Sderot near the border, on October 09, 2025. Anadolu | Anadolu | Getty Images Israel’s government on Friday approved a deal with the Palestinian militant group Hamas, paving the way […]
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Trump’s H-1B visa fee could have one big winner: The Middle East
People walk on Creek Harbour as the Dubai skyline with Burj Khalifa, the world’s largest building (C) is seen in the background on February 5, 2025. Fadel Senna | Afp | Getty Images The Middle East could emerge as the major beneficiary of U.S. President Donald Trump’s plan for higher H-1B visa fees. The Gulf region’s […]
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Power cuts and blackouts: Why can’t Iraq keep the lights on?
Iraq was plunged into a nationwide blackout earlier this week, as a temperature surge to 122 degrees Fahrenheit (50° Celcius) — and subsequent spiking demand for electricity — pushed the country’s faltering power grid to the breaking point. For a country that has seen as much conflict and instability as Iraq, this could come as […]
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What’s behind the $8-billion hit to Saudi Arabia’s massive wealth fund
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s mammoth sovereign wealth fund saw a major decline in investments in its so-called “gigaprojects,” amounting to an $8 billion write-down at the end of 2024 — despite assets under management reaching nearly $1 trillion, according to its annual report. Gigaproject […]
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European powers threaten ‘snapback sanctions’ if Iran doesn’t return to nuclear talks
The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters on May 24, 2021 in Vienna, Austria. Michael Gruber | Getty Images News | Getty Images France, the U.K. and Germany have told the United Nations they support reinstating snapback sanctions on Iran, if it doesn’t […]
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