Section

Business

Markets, industries, and the forces reshaping the region's economy.

Page 11

Business

England Had 8 Percent of Its Normal July Rain. Now Come the Bills.

Wheat and oat yields are poor, livestock farmers are eating into winter feed in August, and growers are running out of irrigation water. The Farmers' Union calls this the third drought in five years.

Aug 4, 2026/4 min read

Cracked dry soil in a parched farm field

Business

Most of Tesla's Quarterly Profit Came From SpaceX

A stake Musk's carmaker holds in his rocket company produced more paper profit last quarter than building and selling cars did. On the earnings call, he stopped short of denying a merger.

Aug 3, 2026/2 min read

A rocket standing on a launch pad at dusk

Business

Bahrain's Manama Declaration Puts Women-Led Businesses at the Center of Growth

The latest World Entrepreneurs Investment Forum connected women-led enterprise with green, blue, creative and digital industries, producing investment commitments as well as policy language.

Aug 3, 2026/2 min read

Business

Egypt's $5 Billion Clean-Energy Pipeline Is Bigger Than Solar Farms

Scatec's proposed two-year investment program spans batteries, desalination, wind, solar and green data centers, revealing how Egypt wants clean power to support industry.

Aug 3, 2026/2 min read

Large solar and battery-storage infrastructure operating in the Egyptian desert

Business

Morocco Is Building a Giant Water Battery for Its Renewable Grid

A $265 million World Bank package for the 300-megawatt Ifahsa pumped-storage project could unlock more solar and wind while making Morocco's grid more dependable.

Aug 3, 2026/2 min read

Mountain reservoirs and hydropower infrastructure representing Morocco's Ifahsa storage project

Business

The UK-GCC Trade Deal Is Moving From Headline to Business Checklist

The concluded UK-GCC free-trade agreement could reshape services, procurement and investment, but companies should focus on implementation details rather than celebratory totals.

Aug 3, 2026/2 min read

Business

The Dollar's Next Move Depends on Which Inflation Shock Lasts Longer

The Fed and ECB are both cautious, but their economies absorb the energy shock differently. Jobs, inflation and credit conditions will decide whether the policy gap widens.

Aug 2, 2026/2 min read

US dollar banknotes on a desk beside a printed chart

Business

Europe's Housing Credit Slowdown Has Not Reached the Bottom Yet

Euro-area mortgage demand fell sharply in the second quarter, and banks expect another decline. Energy performance is increasingly separating easier and harder financing.

Aug 2, 2026/2 min read

European homebuyers discussing mortgage terms beside apartment buildings

Business

AI-Hardware Exporters Are Living in a Different 2026 Economy

The IMF and UNCTAD describe a widening split: economies tied to chips and AI infrastructure are gaining momentum while many energy importers absorb the war shock.

Aug 2, 2026/2 min read

Advanced chips moving from an Asian manufacturing hub into global trade

Business

The UAE's Outlook Depends on Turning Non-Oil Resilience Into Durable Growth

The UAE enters the next period with diversified trade, services and investment buffers. Energy and shipping volatility still make credit quality and project selection important.

Aug 2, 2026/2 min read

A UAE skyline connected to modern port and logistics infrastructure

Business

Saudi Arabia's Recovery Case Now Runs Through Logistics as Much as Oil

The IMF sees Saudi growth recovering as maritime flows normalize. Diversified export routes, domestic demand and Vision 2030 investment are central to the resilience case.

Aug 2, 2026/2 min read

Modern Saudi logistics infrastructure connecting a port, rail line and city