Working with Israeli, Turkish, and US firms, Rabat is also aiming to build its own domestic defence-industrial capacity using its expertise in aerospace manufacturing
Advocates say they help combat climate change but safety concerns from residents have made them unpopular with some councils. What next for micromobility?
Plans for trade tariffs, deregulation, and mass deportations will have huge repercussions on industries like finance, oil, and manufacturing. Meanwhile, the deficit is set to balloon.
With subsidies still being paid, the budget deficit has ballooned from $45bn in 2024 to an expected $62bn next year. This largesse worries some, but apparently not the government
Damascus has artificially lowered prices for years, but Syrians today cannot afford basics like fuel without them, meaning its budget has become a delicate balancing act
Despite sanctions, Iran is still a big oil producer, with huge refining capacity. It also controls waterways crucial to the flow of Gulf oil. Yet the West has reserves and China's demand is dropping.
Middle East Airlines (MEA) flights to and from Beirut are ongoing despite Israel's relentless air strikes. Amidst huge losses, MEA bosses know how important it is to stay airborne.
The story of Shallah, who recently passed away at 92, and that of his illustrious family tell plenty about the history of Damascus and its business community over the past 100 years
In 2022, hundreds of Western firms left, but around 200 American corporates stayed, including big names like Pepsi and Mars, in part because the cost of leaving is high—and getting higher
Netanyahu continues to defy calls from Washington to pump the brakes on Israel's offensive in Lebanon, something Iran has linked to a future peace deal
Days before kick-off, ambitious economic projections for the FIFA 2026 World Cup are colliding with weaker-than-expected demand in the hospitality sector