Mideast Money

The Race to Become the Middle East’s Financial Hub Is Heating Up

A tourist photographs residential and commercial skyscrapers in Doha, including the Qatar Financial Centre.

Photographer: Christopher Pike/Bloomberg
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Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that's become one of the most influential in global finance. You can sign up here.

This week, Saudi Aramco is eyeing a BP unit, Adnoc is considering a major US push, and the UAE’s $51 billion investment pledge for Turkey is faltering. But first, there’s a new entrant in the race to become the region’s preeminent financial center.