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Mideast passes stress test as Iran-Israel trade blows, but economic challenges remain

April 2024 Al-Monitor Trend Report 2,404 wordsMonths of scorching hot Mideast tensions sparked by the Gaza war finally boiled over into open attacks between Israel and Iran in April, giving shape to a long-feared eruption of a regional war that — alongside adding to the human toll — could deliver another jolt of economic pain locally and globally.
Israel General Tel Aviv Red Sea Djibouti General Ar Riya Saudi Arabia

Middle East economic outlook dims amid turbulent start to 2024

January 2023 Al-Monitor Trend Report 2,572 wordsHeading into 2023, Middle East economies were riding high after the region posted a 5.6% growth rate over the prior year, making it a global bright spot in a generally gloomy environment clouded by recession fears. A year later, the Middle East again stands out as an outlier but for the opposite reason, as the escalating Israel-Hamas war teeters on the brink of producing widespread economic pain.
Red Sea Djibouti General United States Israel General Saudi Arabia United Nations Development Programme

How 2023 shaped the Middle East's post-oil future amid Gulf energy transitions laden with controversy  - Al-Monitor: Independent, trusted coverage of the Middle East

December 2023 Al-Monitor Trend Report 2,247 words The curtain has closed at COP28 in Dubai after delivering a historic global agreement to “transition away” from fossil fuels, but the UAE continues pumping out dealmaking shaping the path to a post-oil future. On Dec. 18, Chinese electric vehicle maker Nio announced a $2.2 billion investment from Abu Dhabi-backed fund CYVN, the same day that Dubai-based decarbonization company Positive Zero revealed it could receive up to $400 million from ...
United Arab Emirates Abu Dhabi Jack Dutton Monitor Trend Report Abu Dhabi Backed Positive Zero

How the Israel-Hamas war is impacting Middle East economies, from energy to arm sales

November 2023 Al-Monitor Trend Report 2901 words As billion-dollar deals took flight during the Dubai Airshow in November 2023, a noticeable absence hovered over proceedings: exhibition stands for Israeli weapons makers Israel Aerospace Industries and Rafael stood empty and unstaffed at the start of the weeklong expo, Reuters reported Nov. 13. 
United Arab Emirates Israel General Israel Aerospace Industries Monitor Trend Report Dubai Airshow Abraham Accords

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