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Jack Dutton

Jack Dutton

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Serbia, Slovenia still buying Israeli arms despite embargo: What to know

Serbia, Slovenia still buying Israeli arms despite embargo: What to know

The Elbit Systems deal with Serbia is one of the largest in the company’s history, second only to a $1.7 billion agreement to modernize the Hellenic...

yesterday 2

Al Monitor

Jack Dutton

Egypt to open four new free trade zones by end 2026: What to know

Egypt to open four new free trade zones by end 2026: What to know

The zones will be in 10th of Ramadan City, New October City, New Borg El Arab City, and New El Alamein City.

previous day 3

Al Monitor

Jack Dutton

China expands auto investment in Egypt with $1B Suez tire plant

China expands auto investment in Egypt with $1B Suez tire plant

Egyptian Prime Minister Mostafa Madbouly said the project aligned with his country’s strategy to localize the automotive industry and manufacturing...

13.08.2025 10

Al Monitor

Jack Dutton

Norway's wealth fund vows to stay invested in Israel after selling shares in 11 firms

Norway's wealth fund vows to stay invested in Israel after selling shares in 11 firms

In a press conference on Tuesday, the fund said it had sold the stake in Bet Shemesh Engines Ltd, a group that provides services to the Israeli...

12.08.2025 3

Al Monitor

Jack Dutton

Landmark $18.7B Santos-ADNOC takeover delayed: What to know

Landmark $18.7B Santos-ADNOC takeover delayed: What to know

Santos said in a statement that the due diligence period, initially set for six weeks, has been extended until Aug. 22.

11.08.2025 6

Al Monitor

Jack Dutton

Aramco's Q2 profits fall 22% as lower oil prices weigh on earnings

Aramco's Q2 profits fall 22% as lower oil prices weigh on earnings

Saudi Arabian crude exports have been soaring, hitting a three-month high last month, though oil prices remain low.

05.08.2025 2

Al Monitor

Jack Dutton

Middle Eastern countries face new Trump tariffs: What to know

Middle Eastern countries face new Trump tariffs: What to know

European and Asian markets fell again on Friday amid a broad selloff due to the economic uncertainty caused by the tariffs.

01.08.2025 4

Al Monitor

Jack Dutton

Mideast airlines see 0.4% dip amid Iran, Gaza wars, as global demand up 2.6%

Mideast airlines see 0.4% dip amid Iran, Gaza wars, as global demand up 2.6%

Conflict-related airspace closures and regional tensions disrupted airlines based in the Middle East.

31.07.2025 8

Al Monitor

Jack Dutton

Saudi Arabia pledges $6B investment, to sign 47 deals with Syria: What to know

The event is a milestone for Syria-Saudi relations and the deals coming out of it are expected to help create 50,000 jobs across the country.

24.07.2025 3

Al Monitor

Jack Dutton

Saudi Arabia to invest $4B in Syria in boost to Sharaa: What to know

The kingdom has been at the forefront of diplomatic and economic efforts to support Syria's recovery.

23.07.2025 4

Al Monitor

Jack Dutton

Saudi Arabia offers travel permits to Syrian businessmen, investors: What to know

Syrian entrepreneurs can now directly apply for travel licenses at the Saudi Embassy in Damascus, while Saudi investors seeking to visit Syria can...

22.07.2025 3

Al Monitor

Jack Dutton

Egypt pitches new investment plan to US firms: What to know

Egypt is hunting foreign investment as part of its Vision 2030 strategy for sustainable development.

21.07.2025 3

Al Monitor

Jack Dutton

Egypt banks on Beijing as premier visit seals yuan, payment deals

The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.

11.07.2025 6

Al Monitor

Jack Dutton

UAE, Azerbaijan sign trade deal as officials meet in Abu Dhabi for Armenia peace talks

The deal is expected to contribute around $680 million to the UAE’s gross domestic product by 2031, according to UAE Minister of Foreign Trade Thani...

10.07.2025 3

Al Monitor

Jack Dutton

UAE green energy giant Masdar invests in $6B UK wind farm: What to know

A consortium of 24 international banks has raised $4.8 billion in financing for the British energy project.

10.07.2025 3

Al Monitor

Jack Dutton

Gaza civil defence says 22 killed in Israeli strikes

Gaza's civil defence agency said 22 people, including at least six children, were killed in Israeli strikes in the Palestinian territory on ...

09.07.2025 5

Al Monitor

Jack Dutton

Syrian designer Rami Al Ali to make history at Paris Couture Week

As well as being optimistic about the future of his war-ravaged country, Rami Al Ali has other reasons to be upbeat: he is about to become the first...

09.07.2025 3

Al Monitor

Jack Dutton

Six rescued from cargo ship attacked in Red Sea: EU naval force

Six mariners have been rescued after a deadly attack on a cargo ship that sank off rebel-held Yemen, an EU maritime force said Wednesday, as the...

09.07.2025 2

Al Monitor

Jack Dutton

Oman launches $200M clean energy fund with China’s Templewater

China, a major clean energy player in its own right, already has multiple investments in the sector in Oman, particularly in solar and wind.

09.07.2025 8

Al Monitor

Jack Dutton

Egypt urges BRICS to deepen financial ties after Trump threatens tariffs

Egyptian Prime Minister Mustafa Madbouly said that due to the global decline in multilateralism and crises engulfing the world, members of the bloc of...

07.07.2025 4

Al Monitor

Jack Dutton

Gaza civil defence says 12 killed by Israeli forces

Gaza's civil defence agency said Israeli forces killed at least 12 people on Monday, including six in a clinic housing Palestinians displaced after 21...

07.07.2025 20

Al Monitor

Jack Dutton

UAE ranks second globally as digital nomad destination: What to know

The Gulf country was rated highly for its internet quality, public safety, low tax environment, comprehensive health-care system and overall...

07.07.2025 30

Al Monitor

Jack Dutton

After Israel war, Iran reopens airspace to domestic, international flights

Authorities opened all airports on Friday except for those at Isfahan and Tabriz.

04.07.2025 10

Al Monitor

Jack Dutton

Saudi renewables firm ACWA Power eyes major China expansion: What to know

By 2030, ACWA Power aims to expand its global assets to around $250 billion, with China projected to contribute between $30 billion and $75 billion.

03.07.2025 6

Al Monitor

Jack Dutton

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.

30.06.2025 3

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...

30.06.2025 5

Al Monitor

Jack Dutton

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 10

Al Monitor

Jack Dutton

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 6

Al Monitor

Jack Dutton

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

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

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 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

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 6

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 3

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