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Jack Dutton

Jack Dutton

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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.

yesterday 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.

wednesday 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

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

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

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

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

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'

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 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

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

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

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 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

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 2

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

UAE, Egypt, Saudi Arabia finance startups lead Forbes Middle East Fintech50

Some 119 fintech startups across the Middle East and North Africa raised $700 million in 2024, accounting for 30% of the total MENA startup funding...

14.03.2025 5

Al Monitor

Jack Dutton

Turkey wants to export gas to Syria, Ukraine, energy minister says: What we know

In 2020, Turkey discovered the a massive gas field in Turkish waters of the Black Sea that would help it meet domestic needs and export the energy.

13.03.2025 3

Al Monitor

Jack Dutton

Libya now politically stable, 'attractive' to foreign oil firms: NOC chairman

Since the ousting of longtime dictator Moammar Gadhafi in 2011, Libya’s oil sector has been unstable amid political unrest between two warring...

12.03.2025 4

Al Monitor

Jack Dutton

Turkey presses PKK to disarm 'immediately'

Turkey on Thursday insisted the PKK and all groups allied with it must disarm and disband "immediately", a week after a historic call by the Kurdish...

06.03.2025 8

Al Monitor

Jack Dutton

UK removes 24 Syrian entities from sanctions list, including central bank

The latest decision comes after the European Union lifted several sanctions across banking and energy on Syria on Feb. 24.

06.03.2025 10

Al Monitor

Jack Dutton

UAE’s ADNOC, Austria’s OMV merge businesses to create $60B plastics firm

Following the acquisition, the new firm, called Borouge Group International (BGI), will be the world’s fourth-largest polyofin company, said ADNOC...

04.03.2025 2

Al Monitor

Jack Dutton

Inflation in Turkey dips under 40%, lowest in nearly 2 years

Finance Minister Mehmet Simsek said he expected the decline in inflation to continue due to Turkish monetary policies.

03.03.2025 3

Al Monitor

Jack Dutton

Turkish inflation dips under 40% in February to lowest in nearly 2 years

Finance Minister Mehmet Simsek said he expected the decline in inflation to continue due to Turkish monetary policies.

03.03.2025 2

Al Monitor

Jack Dutton

Saudi Arabia's PIF bans PwC advisory, consulting services: What to know

Saudi Arabia's Public Investment Fund will stop granting consulting projects to PwC until February 2026, Bloomberg reported.

28.02.2025 6

Al Monitor

Jack Dutton

Israel dispatches negotiators after Hamas hands over hostage bodies

Israeli Prime Minister Benjamin Netanyahu dispatched negotiators to Cairo on Thursday after Hamas handed over the remains of four hostages in exchange...

27.02.2025 3

Al Monitor

Jack Dutton

US sanctions 6 China firms for helping Iran procure drones: What to know

The latest decision follows the United States sanctioning more than 30 entities involved in Iran's shadow fleet.

27.02.2025 4

Al Monitor

Jack Dutton

Saudi Arabia markets Middle East's first euro green bond: What to know

The kingdom, currently the world’s top oil exporter, looks to have half of its electricity powered by renewable energy by 2030.

25.02.2025 5

Al Monitor

Jack Dutton

EU suspends key energy, banking sanctions on Syria: What we know

Syrian President Ahmed al-Sharaa’s interim government has been trying to court the international community to encourage investment and ease...

24.02.2025 5

Al Monitor

Jack Dutton

JPMorgan to reclassify Qatar, Kuwait as developed markets: What it means

JPMorgan will reclassify Kuwait and Qatar as developed markets and will soon begin their phased removal from its Emerging Markets Bond Index, from...

21.02.2025 8

Al Monitor

Jack Dutton

Hamas says hands over bodies of Israel's Bibas family, elderly hostage

Militants on Thursday handed over the bodies of four hostages taken into Gaza during their October 2023 attack, with Hamas saying they include the...

20.02.2025 8

Al Monitor

Jack Dutton

Why is Iran urging Qatar to release $6B in frozen oil payments?

The payments, by South Korea for Iranian oil, were initially frozen in Seoul bank accounts in 2019, after the Trump administration increased sanctions...

20.02.2025 10

Al Monitor

Jack Dutton

World Bank puts Gaza reconstruction cost at $52B as Arab leaders mull plan

The World Bank has estimated that damage to physical structures alone will take around $30 billion to address, with housing accounting for 53% of the...

19.02.2025 4

Al Monitor

Jack Dutton

UAE, Ukraine finalize trade deal during Zelenskyy's visit

The agreement is expected to contribute $369 million to the UAE’s GDP and $874 million to Ukraine’s GDP by 2031.

18.02.2025 7

Al Monitor

Jack Dutton

UAE, Ukraine finalize trade deal on Zelenskyy visit to Emirates

The agreement is expected to contribute $369 million to the UAE’s GDP and $874 million to Ukraine’s GDP by 2031.

17.02.2025 3

Al Monitor

Jack Dutton

What’s behind the power struggle at Mubadala-backed Turkish firm Getir?

The start-up, once valued at more than $10 billion, has been struggling financially over the past year due to waning consumer demand.

07.02.2025 10

Al Monitor

Jack Dutton

Saudi Arabia’s non-oil private sector grows at fastest rate in over a decade

Saudi Arabia's General Authority for Statistics said last week that the kingdom's non-oil GDP growth rate was up 4.3% from 2023, while oil activities...

04.02.2025 4

Al Monitor

Jack Dutton

Israeli premier in Washington for Gaza ceasefire talks

Israeli Prime Minister Benjamin Netanyahu is set to begin talks Monday on a second phase of the ceasefire with Hamas as he meets with the new Trump...

03.02.2025 3

Al Monitor

Jack Dutton

Samsung E&A to build UAE's first methanol plant as country shifts to greener fuels

The methanol facility, based in Abu Dhabi’s Al Ruwais Industrial City, is expected to be completed in 2028.

03.02.2025 10

Al Monitor

Jack Dutton

Saudi Arabia eases foreign investment laws for Mecca, Medina real estate

Foreign investors will have access to limited shares of companies listed on the Saudi capital market, convertible debt instruments or both, the Saudi...

27.01.2025 10

Al Monitor

Jack Dutton

WEF: Arab businesses ‘very keen’ to invest in Syria after Assad’s ouster

Syria's new foreign minister, Asaad al-Shibani, attended the World Economic Forum in Switzerland this week, along with over 50 heads of state and...

23.01.2025 50

Al Monitor

Jack Dutton

UAE Foreign Trade Minister Zeyoudi expects 14% trade increase in 2024: Interview

This rise has been propelled by the country's growing non-oil trade and trade deals, the UAE minister told Al-Monitor.

22.01.2025 4

Al Monitor

Jack Dutton