Economy
Business and economy news
1542 articles in this section
Emirates Confronts Negative Headlines and Travel Disruption in Candid New Dubai Ad Campaign
Emirates has launched a candid new video campaign addressing recent travel disruptions and negative headlines about Dubai, while highlighting the airline's upgraded passenger services and insurance offerings.
Iranians Rush to Secure Food and Medicine Amid Heightened Fears of Escalated Conflict with the US
Iranians are rapidly stocking up on food and vital medicines as escalating tensions and a tightening US embargo spark severe fears of shortages. Citizens and local merchants express growing anxiety over rising prices, blocked trade routes, and pharmaceutical scarcities as the conflict enters its eighth month.
Abu Dhabi Focuses on District-Level Liveability and Global Collaboration at LIVEX 2026
Abu Dhabi is hosting LIVEX 2026 to showcase its district-level, data-informed approach to urban liveability and urban planning. The event brings together global experts, investors, and government leaders to discuss sustainable city growth.
Saudi Arabia Redirects Oil Through Strait of Hormuz as Red Sea Traffic Plummets Amid Regional Conflict
Saudi Arabia has increased oil shipments through the Strait of Hormuz to offset declining traffic in the Red Sea caused by Houthi attacks and pipeline disruptions. Overall regional oil flows remain significantly below pre-war levels amid ongoing geopolitical tensions.
Syria Faces Its Toughest Economic Test Yet Amid Rising Public Protests and Reconstruction Pressures
Syria is experiencing widespread protests over surging fuel prices and economic hardships as the transitional government struggles to bridge the gap between international investments and everyday living standards.
Etihad Rail Targets 10 Million Annual Passengers as Dubai Station Prepares to Launch
Etihad Rail aims to attract 10 million passengers a year as its network expands, following a strong start on the Abu Dhabi-Fujairah route and the upcoming launch of Dubai's first station.
Egyptian Irrigation Minister Hani Sewilam Arrives in Rome for the 2026 Euro-Mediterranean Water Forum
Egyptian Minister of Water Resources and Irrigation Hani Sewilam has arrived in Rome for the 2026 Euro-Mediterranean Water Forum to discuss water security and regional cooperation.
Egypt and Saudi Arabia Forge Stronger Ties in Mining Training and Expertise
Egyptian and Saudi officials met at the Egypt Mining Forum 2026 to discuss enhanced cooperation in training, geological exploration, and the exchange of mining expertise.
French Court Approves Middle East Firm's Seizure of Libya Oil Assets Over $1B Debt
A Paris court has ruled that Kuwait's Al-Kharafi Group can seize assets from Libya's National Oil Corporation to recover nearly $1 billion following a cancelled resort project from the Muammar Qaddafi era.
Egypt's Food Industry Exports Surge to $6.9 Billion in 2025, Report Shows
A report by the Egyptian Cabinet’s Information and Decision Support Center reveals that Egypt's food industry exports reached US$6.9 billion in 2025, driven by infrastructure expansions and strong sector growth.
Aldar Pulls in Over Dh5 Billion from New Housing Projects on Saadiyat and Yas Islands
Aldar Properties generated over Dh5 billion in sales from two new residential developments in Saadiyat and Yas islands, driven by strong local and international demand.
Manila Public Transport Drivers Strike Amid Spiralling Fuel Costs
Public transport drivers in Manila have gone on strike in response to escalating fuel prices, as captured in a recent news video.
Thousands of Filipino Drivers Launch Strike in Manila Over Soaring Fuel Prices
Thousands of public transport drivers in Manila have launched a strike over soaring fuel prices, prompting the government to deploy police and buses to assist stranded commuters amidst the ongoing economic strain.
US Bond Yields Surge to 18-Year High: Is Now the Right Time to Invest?
US bond yields have reached an 18-year high, prompting questions for investors amid global financial market volatility covered by Manus Cranny.
Suspected Sabotage Triggers Massive Fire on Syria Gas Pipeline
An explosion caused by suspected sabotage sparked a major fire on a gas pipeline in Syria's Deir Ezzor province, halting crucial gas flows to power stations.
Reserve Bank of Australia Increases Interest Rates to 15-Year High Amid Persistent Inflation Pressures
The Reserve Bank of Australia has raised its benchmark interest rate to 4.6 percent, reaching a 15-year high due to persistent inflation and global economic pressures.
Pioneering Flexibility: How the UAE is Transforming Modern Work-Life Balance
A recent study in the UAE reveals that while a shorter working week boosts motivation and balance, success ultimately depends on redesigning work structures rather than simply compressing hours.
Gold Plummets to Seven-Week Low Amid Surging Oil Prices and Stronger US Dollar
Gold prices hit a seven-week low, falling 3.3 percent as surging oil prices, a stronger US dollar, and rising Treasury yields reduced the metal's appeal.
Iran Claims Success in Strait of Hormuz Attacks as Oil Flow Recovers Despite US Blockade
Iran asserts that its attacks on vessels near the Strait of Hormuz have pushed US warships back, even as regional oil shipments begin to recover through shuttle systems.
Syria Faces $1 Billion Budget Deficit and Considers Halting Major Investment Projects
Syria is weighing the delay of key investment projects and implementing spending cuts to address a $1 billion budget deficit driven by rising costs from regional conflicts.
ARTIC Unveils Newly Transformed Crowne Plaza Manhattan Times Square in New York
ARTIC has officially opened the transformed Crowne Plaza Manhattan Times Square in New York City, marking a significant milestone in the Qatari company's growing US hospitality portfolio.
UAE to Lead Regional Push Against Cross-Border Fraud and Money Laundering
The UAE is set to propose a regional initiative during its 2026 presidency of the Middle East and North Africa Financial Action Task Force to tackle cross-border fraud and money laundering.
UAE Leaders Test New Etihad Rail Route Ahead of Official Dubai Station Launch
President Sheikh Mohamed and Sheikh Hamdan bin Mohammed inaugurated the new Al Yalayis Station in Dubai, marking a major milestone for the national Etihad Rail network ahead of its Wednesday opening.
Arab Monetary Fund Celebrates 50 Years with $11.8bn in Member Financing in Abu Dhabi
The Arab Monetary Fund marked its 50th anniversary in Abu Dhabi with $11.8 billion in financing provided to member states over five decades, as regional leaders gathered for the Golden Jubilee celebration.