Middle East economy News
Latest articles and news about Middle East economy on AXL Media.
Latest Articles
- Iraq Restores Strategic Rabia Border Crossing With Syria to Bypass Maritime Blockade and Accelerate Fuel Oil Exports
Published: Apr 20, 2026
Section: Middle East
Iraq officially reopened the Rabia border crossing with Syria on April 20, 2026, ending a 12-year hiatus to facilitate overland fuel oil exports and bolster cross-border trade. The...
- Maritime Deadlock Breaks as 6 Million Barrels of Iraqi and Saudi Crude Transit Strait of Hormuz During Ceasefire
Published: Apr 13, 2026
Section: Middle East
In a significant de-escalation of the 40-day maritime conflict, oil flows through the Strait of Hormuz reached their highest levels this weekend. Data confirms that 2 million barre...
- UAE Joins World’s Top 10 Global Goods Exporters as Foreign Trade Hits Record $1.6 Trillion
Published: Apr 7, 2026
Section: Middle East
The United Arab Emirates has ascended to the 9th position among the world's leading exporters of goods, marking its first appearance in the global top 10. Vice President Sheikh Moh...
- IMF Directs Bank of Japan to Sustain Interest Rate Hikes Despite Iran War Volatility
Published: Apr 4, 2026
Section: Markets
The International Monetary Fund has endorsed further monetary tightening by the Bank of Japan, viewing gradual rate increases as necessary to anchor inflation toward its 2% target....
- Dubai Authorizes $272 Million Economic Stimulus Package to Drive Trade and Labor Market Transformation
Published: Apr 2, 2026
Section: Middle East
The Executive Council of Dubai has approved a comprehensive AED1 billion ($272 million) incentive plan aimed at sustaining the emirate’s 6.4 percent GDP growth. The strategy introd...
- BlackRock CEO Larry Fink Warns of "Global Recession" if Oil Hits $150 Amid Middle East Tensions
Published: Mar 25, 2026
Section: Markets
Larry Fink, Chairman and CEO of BlackRock, has cautioned that the global economy faces a "global recession" if oil prices climb to $150 a barrel. In an interview with the BBC publi...
- Dubai Real Estate Market Faces Sharp Decline in Transaction Volumes Following Regional Military Escalation
Published: Mar 20, 2026
Section: Middle East
The property sector in Dubai is showing unprecedented signs of volatility as the ongoing conflict between Iran, Israel, and the U.S. impacts the region's "safe haven" status. Marke...
- Bahrain Models Economic Transformation Through Inclusion and High Tech Upskilling
Published: Mar 7, 2026
Section: Jobs & Careers
At the World Economic Forum Annual Meeting 2026, Bahraini officials detailed a strategic blueprint designed to insulate the national labor market from global technological disrupti...