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Jack Dutton

Jack Dutton

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Saudi PIF reports 60% profit drop as inflation, low oil prices bite

The PIF said that the impairments were mainly related to changes in operational plans and increases in budgeted costs.

yesterday 2

Al Monitor

Jack Dutton

Huawei explores Egypt partnership as electricity minister visits China

Egypt's electricity and renewable energy minister met with a range of high-level officials and business leaders while on a visit to the Asian country...

yesterday 4

Al Monitor

Jack Dutton

UAE cryptofund invests $100M in Trump stablecoin project: What to know

UAE cryptofund invests $100M in Trump stablecoin project: What to know

A UAE fund has become the largest investor in World Liberty Financial, aiming to expand adoption of the Trump-linked stablecoin USD1.

27.06.2025 9

Al Monitor

Jack Dutton

France's EDF reportedly dropped from Saudi Neom project: What to know

France's EDF reportedly dropped from Saudi Neom project: What to know

EDF was appointed by the Saudi government in January 2024 to carry out preliminary studies on the conception and construction of a hydroelectric power...

25.06.2025 2

Al Monitor

Jack Dutton

Global airlines suspend Middle East flights as Iran-Israel truce frays

Global airlines suspend Middle East flights as Iran-Israel truce frays

Dozens of carriers have had to cancel or reroute flights as the conflict in the Middle East continues to escalate.

24.06.2025 30

Al Monitor

Jack Dutton

Trump says wants 'real end' to Israel-Iran conflict, not ceasefire

US President Donald Trump said he wants a "real end" to the conflict between Israel and Iran, not just a ceasefire, as the arch foes traded fire for a...

17.06.2025 3

Al Monitor

Jack Dutton

Iraq treads a tightrope to avoid spillover from Israel-Iran conflict

In Iraqi airspace, Iranian missiles and drones have crossed paths with Israeli warplanes, forcing Baghdad to step up efforts to avoid being drawn into...

17.06.2025 10

Al Monitor

Jack Dutton

First ships pull back from Hormuz as Israel-Iran war drags on: What to know

Missile fire between the Middle East’s two biggest foes continued into its fifth day on Tuesday, with more than 220 people killed in Iran and more...

17.06.2025 20

Al Monitor

Jack Dutton

Oil prices surge, airlines cancel flights after Israel strikes Iran

Oil prices surge, airlines cancel flights after Israel strikes Iran

The price of Brent crude rose by more than 7%, even touching a high of $78 per barrel on Friday.

13.06.2025 10

Al Monitor

Jack Dutton

Global shippers sound alarm over Strait of Hormuz amid Iran-US-Israel tensions

Global shippers sound alarm over Strait of Hormuz amid Iran-US-Israel tensions

The critical waterway, which connects the Gulf, Gulf of Oman and the Arabian Sea, sees about a quarter of the world's oil shipments pass...

13.06.2025 20

Al Monitor

Jack Dutton

Iran defies US on enrichment ahead of nuclear talks

Iran defies US on enrichment ahead of nuclear talks

Iran on Thursday vowed to "significantly" increase its output of enriched uranium in defiance of US demands ahead of a new round of nuclear talks, and...

12.06.2025 3

Al Monitor

Jack Dutton

Cryptocurrency giant Binance opens trading access to Syria: What to know

Cryptocurrency giant Binance opens trading access to Syria: What to know

Binance’s announcement comes after the United States and the European Union lifted most economic sanctions on Syria last month.

12.06.2025 5

Al Monitor

Jack Dutton

UAE’s Al Habtoor Group to send business delegation to Syria: What to know

Al Habtoor Group's announcement comes after the United States and European Union lifted most economic sanctions on Syria last month.

10.06.2025 9

Al Monitor

Jack Dutton

UK, Australia, Canada sanction Israel’s Ben-Gvir, Smotrich for inciting violence

Both far-right Israeli ministers will have their assets frozen and face travel bans.

10.06.2025 4

Al Monitor

Jack Dutton

Turkey: $30M credit card scam hits tourists in coastal resort, 20 arrested

The alleged ringleader, a hotel owner identified as "H.O.," stole the money by sharing credit card details of tourists checking into the property.

09.06.2025 3

Al Monitor

Jack Dutton

Syria to rejoin SWIFT payment system ‘within a few weeks’: What to know

It marks a major milestone in Syria’s economic recovery from sanctions imposed in 2011 in response to human rights abuse allegations against the...

09.06.2025 4

Al Monitor

Jack Dutton

Eight injured in 'flamethrower' attack on Israeli hostage protest in US

A man yelling "free Palestine" used incendiary devices to torch protesters rallying in support of Israeli hostages, injuring at least eight people in...

02.06.2025 5

Al Monitor

Jack Dutton

Middle Eastern airlines to show industry's best profits in 2025

The region's airlines are forecast to hit a profit margin of 8.7% in 2025, slightly lower than last year's figure of 8.9% but the highest in the...

02.06.2025 6

Al Monitor

Jack Dutton

UN warns all of Gaza at risk of famine

The UN warned Friday that the entire population of Gaza was at risk of famine, as an Israeli far-right minister urged the use of "full force" against ...

30.05.2025 10

Al Monitor

Jack Dutton

Egypt denies court ruling threatens historic monastery

Egypt has denied that a controversial court ruling over Sinai's Saint Catherine monastery threatens the UNESCO world heritage landmark, after Greek...

30.05.2025 10

Al Monitor

Jack Dutton

Japan unfreezes assets of 4 Syrian banks while most sanctions remain

Tokyo has been moving more cautiously than its Western allies in liftin sanctions on Syria and still has many in place.

30.05.2025 10

Al Monitor

Jack Dutton

Qatari-led consortium signs $7B deal with Syria for 5,000 MW of electricity

Syria’s electricity grid needs extensive expansion after 14 years of civil war.

29.05.2025 6

Al Monitor

Jack Dutton

Qatar Airways reports highest-ever yearly profit of $1.7B

The Gulf airline said in a statement it was the strongest financial performance in its 27-year history.

19.05.2025 4

Al Monitor

Jack Dutton

US, Qatar's $243.5B deal includes sale of up to 210 Boeing jets: What to know

The United States and Qatar inked economic deals worth more than $243.5, laying the groundwork for a bigger $1.2 trillion package of expanded...

14.05.2025 3

Al Monitor

Jack Dutton

US, Saudi Arabia ink $600B economic pact amid AI, energy deals

The economic partnership agreement includes energy, mining and defense pacts, according to a White House readout.

13.05.2025 2

Al Monitor

Jack Dutton

Trump heads to Gulf as markets surge on US-China tariff deal

China and the United States said on Monday they agreed on a deal to cut reciprocal tariffs by 110% from May 14 as they seek to end the trade war that...

12.05.2025 4

Al Monitor

Jack Dutton

US eases foreign investment rules days before Trump Gulf visit: What to know

Gulf states are estimated to manage 40% of the world’s sovereign wealth and are some of the biggest investors in the United States.

09.05.2025 10

Al Monitor

Jack Dutton

Mideast airlines suspend Pakistan flights following Indian strikes

Pakistan closed its airspace for 48 hours starting early Wednesday following Indian airstrikes on several locations that left at least 15 people dead.

07.05.2025 3

Al Monitor

Jack Dutton

Wall Street, Silicon Valley executives to join Trump in Saudi Arabia as US courts Gulf funds

US President Trump is visiting Saudi Arabia, Qatar and the United Arab Emirates on May 13-15 in his first foreign visit since returning to the White...

06.05.2025 4

Al Monitor

Jack Dutton

Libya, Turkey deepen economic ties with new trade committee, $5B target

Turkish Trade Minister Omer Bolat said on a visit to Tripoli that the two countries want to increase their annual trade volume from $3.7 billion to...

01.05.2025 10

Al Monitor

Jack Dutton

France, Germany, UK to reapply Iran sanctions if US talks fall through: Barrot

US and Iranian diplomats have in recent weeks held three rounds of Oman-mediated talks aimed at reaching a new deal on Iran's nuclear program.

29.04.2025 4

Al Monitor

Jack Dutton

China’s Sinopec, Saudi Aramco to establish $4B energy venture: What to know

The joint venture will engage in port operations, crude oil transportation and other activities at the refinery and petrochemical complex in the...

28.04.2025 10

Al Monitor

Jack Dutton

Fires rage 2 days after Iran port blast killed 46

Firefighters in Iran battled raging fires on Monday at the country's largest commercial port, two days after a massive explosion killed at least 46...

28.04.2025 6

Al Monitor

Jack Dutton

Syria group says military chief arrested in UAE

Two sources from Jaish al-Islam, a military faction now part of Syria's transitional authorities, told AFP on Monday that its leader had been arrested...

28.04.2025 8

Al Monitor

Jack Dutton

Palestinian official tells ICJ Israel using aid blockage as 'weapon of war'

A top Palestinian official told the International Court of Justice Monday that Israel was blocking humanitarian aid to Palestinians in Gaza as a...

28.04.2025 10

Al Monitor

Jack Dutton

Iranian president visits Azerbaijan as ties warm

Iranian President Masoud Pezeshkian Monday met with Azerbaijani President Ilham Aliyev, on a rare visit to Baku, marking the latest sign of a thaw in...

28.04.2025 7

Al Monitor

Jack Dutton

Qatar, Saudi Arabia to pay off Syria’s $15B World Bank debt: What to know

Both Gulf states have played a key role in the diplomatic outreach of Syria's new government.

28.04.2025 7

Al Monitor

Jack Dutton

Russia agrees to supply Iran with 55 bcm of gas, fund nuclear plant: What to know

Iranian Oil Minister Mohsen Paknejad is in Moscow this week, meeting with Russian Energy Minister Sergei Tsivilev on Friday.

25.04.2025 10

Al Monitor

Jack Dutton

UK lifts sanctions on Syrian ministries, intelligence agencies

It marks the second raft of sanctions on Syria lifted by the United Kingdom since the toppling of long-time dictator Bashar Al-Assad in December and...

24.04.2025 4

Al Monitor

Jack Dutton

Tears and hope as Jerusalem pays tribute to Pope Francis

Tears mixed with smiles as a dense crowd flocked to the requiem mass for the pope at Jerusalem's Church of the Holy Sepulchre on Wednesday."He gave us...

23.04.2025 5

Al Monitor

Jack Dutton

IMF appoints first Syria mission head in 14 years: What to know

Syria's new government faces the task of revitalizing an economy that has been devastated by 14 years of war and ravaged by international sanctions.

23.04.2025 4

Al Monitor

Jack Dutton

GCC-Indonesia economic ties deepen with Saudi MoUs, joint Qatar fund

Trade between Indonesia and the Gulf is rising and negotiations are underway for a GCC-Indonesia free trade agreement.

17.04.2025 4

Al Monitor

Jack Dutton

Turkey's budget deficit narrows to $6.8B in March as lira fluctuates

The data was released as Turkey has been facing economic turmoil and currency volatility.

15.04.2025 10

Al Monitor

Jack Dutton

China's oil imports highest since 2023 amid Iran crude spike: What to know

Data from analytics firm Kpler from April 11 showed that Iran’s imports were up 20% from February and at a five-month high.

14.04.2025 4

Al Monitor

Jack Dutton

Gaza rescuers say children among 10 killed in Israeli strike

Gaza rescuers said a pre-dawn Israeli air strike Friday killed 10 members of the same family, as the UN said dozens of recent attacks on the...

11.04.2025 3

Al Monitor

Jack Dutton

China courts Gulf, BRICS allies as trade war with US escalates

Since US President Donald Trump announced reciprocal tariffs on more than 180 countries on April 2, Beijing has stepped up engagement with Riyadh.

11.04.2025 4

Al Monitor

Jack Dutton

Middle East feels heat as oil prices fall, US-China trade war deepens

Over the last week, oil prices have plummeted amid the escalating trade war between the United States and China.

09.04.2025 10

Al Monitor

Jack Dutton

UAE, Qatar investments fuel Jared Kushner's firm assets to $4.8 billion

Commitments from Abu Dhabi–based asset manager Lunate and the Qatar Investment Authority, the sovereign wealth fund, increased Affinity’s assets...

28.03.2025 4

Al Monitor

Jack Dutton

Gulf markets dip after Trump announces 25% automotive tariffs

Donald Trump announced on Wednesday 25% tariffs on imported cars and light trucks entering the United States, set to take effect on April 2, further...

27.03.2025 7

Al Monitor

Jack Dutton

UAE’s Sheikh Tahnoon makes first US visit since Trump reelection: What to know

The UAE's influential national security advisor, who chairs some of the country's most important funds and firms, will reportedly meet with White...

17.03.2025 5

Al Monitor

Jack Dutton