Economy

Starbucks Coffee cafe at Kuala Lumpur city.
Malaysia's largest bank has cautioned that the country’s Starbucks branch is expected to face prolonged declines in sales.
iran bank
Russia and Iran have deepening military and economic cooperation, with both countries under US sanctions.
Bezalel Smotrich
Under US pressure, Israeli Finance Minister Smotrich agrees to extend a waiver for Israeli-Palestinian banking cooperation by one month.
 Minister of Finance of Saudi Arabia and IMF Chair Mohammed Al-Jadaan speaks during a press conference held as part of International Monetary Financial Committee Press Briefing Washington D.C., United States on April 19, 2024.
Saudi Arabia is strengthening its commitment to a plan designed to wean the economy off oil, its finance minister said on Wednesday, during a business event.
neom the line [youtube]
Saudi Arabia is seeking to draw major international investment toward its NEOM mega project, amid reports of a slowdown in its ambitious plans.
Palestinians have a meal at the site of an Israeli airstrike which hit tents for displaced people two days earlier in the courtyard of Al-Aqsa Martyrs Hospital in Deir al-Balah in the central Gaza Strip on October 16, 2024.
Unemployment in Gaza has soared to nearly 80% since the Gaza war erupted, with the devastated enclave's economy in almost total collapse, a new report reveals.
Game Over - Pixel Message Design. Glitch Effect. Stock Vector Illust
Saudi Arabia’s Public Investment Fund reduced its stake in Nintendo shortly after hinting at plans to possibly increase its investment.
Qatar Airways
Qatar Airways is bidding to take a 25 percent stake in Virgin Australia, where Qatar would take a minority stake in the airlines.
Scenic view of agricultural field against sky,Algeria
The strong personal relationship between the leaders and Algeria's favourable investment climate have paved the way for substantial Qatari investments.
The Saudi economy has boomed amid a rise in global oil prices [Getty]
Reports say Saudi Arabia is preparing to abandon its oil price target of $100 a barrel as it prepares to increase output to take back market share.