Economy
Business and economy news
1542 articles in this section
Examining Iran's Capabilities and Limits in Threatening US Economic Interests
Despite threats of an economic war against the US, experts note that Iran's conventional financial arsenal is limited, relying instead on asymmetric disruption, regional instability, and cyber capabilities.
How the Iran Conflict Tested and Proved the Gulf's Multipolar Strategy
The recent conflict involving Iran tested the Gulf's diplomatic and economic strategy, highlighting the ongoing tension between American security dependence and growing Asian trade ties.
Global AI Investment Boom Widens Digital Divide and Threatens Least Developed Nations, Ministers Warn
Ministers and policymakers meeting at the AIM Congress in Dubai warned that the heavy concentration of global AI funding in wealthy nations is widening the digital divide for less developed countries.
As Planet Nears 1.5C Limit, UN Report Urges 'Overshoot, Peak and Decline' Strategy
A new UN report warns that the Earth will soon exceed the 1.5C global warming limit, making an 'overshoot, peak and decline' strategy essential for the planet's future.
Tycoon Salah Diab Outlines Bold Strategy to Solve Egypt's Water Crisis Through Modern Irrigation
Egyptian tycoon Salah Diab advocates for nationwide drip irrigation to combat the water crisis and expand agricultural land. The proposal coincides with government actions to address urban environmental concerns and tree removals.
Abu Dhabi's ADGM Workforce Nears 50,000 as Influx of Asset Managers Drives Rapid Growth
ADGM's workforce has grown to nearly 50,000 professionals as the Abu Dhabi financial hub attracts a wave of new global asset managers and expands its technology and AI investments.
Billionaire Hedge Fund Founder Chris Rokos Latest to Leave UK Amid Tax Concerns
Hedge fund billionaire Chris Rokos has relocated his residency from the UK to Greece, joining a growing exodus of wealthy individuals responding to rising British taxes.
Egyptian Foreign Minister Badr Abdelatty Explores Economic and Investment Ties with Japan's Toyota Tsusho
Egyptian Foreign Minister Badr Abdelatty met with Toyota Tsusho CEO Toshimitsu Imai to discuss strengthening economic cooperation, renewable energy partnerships, and investment opportunities in the Suez Canal Economic Zone.
Prime Minister Mostafa Madbouly and CBE Governor Hassan Abdalla Analyze Economic Indicators and Foreign Reserves
Prime Minister Mostafa Madbouly met with CBE Governor Hassan Abdalla to evaluate key economic indicators, foreign exchange reserves, and ongoing monetary coordination efforts.
Cairo Governor Announces Four-Phase Development Plan for Khedival Cairo
Cairo Governor Ibrahim Saber and Presidential Advisor Khaled Fouda have outlined a comprehensive four-phase development plan to restore Khedival Cairo's historic and cultural prominence.
UAE Trade Minister Declares Strait of Hormuz a 'Red Line' That Cannot Be Tolled
UAE Trade Minister Dr Thani Al Zeyoudi stated that the Strait of Hormuz is a non-negotiable red line, as the nation develops alternative trade corridors to ensure economic security.
Iran Increases Fuel Prices Again and Urges Citizens to Conserve Amid Economic Pressures
Iran has raised petrol prices for the second time since December as the government battles declining revenues, economic sanctions, and a domestic energy crisis.
Egypt's Foreign Currency Reserves Surge to $57.214 Billion in August
Egypt's international reserves rose to US$ 57.214 billion in August 2026, reflecting improved foreign currency liquidity and economic stability.
L’imad Clears All Key Conditions to Secure Full Ownership of AD Ports Group
Abu Dhabi's L'imad has met all conditions to finalize its voluntary cash offer for full ownership of AD Ports Group, paving the way for the company to delist and pursue long-term growth.
Iran Nears Landmark Maritime Agreement with Oman to Secure Strait of Hormuz Shipping Lanes
Iran has announced that talks with Oman to establish a secure shipping lane through the Strait of Hormuz are nearing finalization, as regional shipping traffic hits multi-month lows.
Countdown to Expiration: What Landlords and Tenants Need to Know About Old Lease Contracts
Discover the timeline and regulations governing old lease contracts for legal entities in Egypt under Law #10 of 2022, set to expire in March 2027.
Panama Canal Faces Deeper Traffic Restrictions as Strengthening El Niño Threatens Water Levels
The Panama Canal may implement further restrictions on daily ship traffic and cargo weight as a strengthening El Niño triggers severe water shortages in its vital supply lakes.
Qatar Warns of Industrial Catastrophe Amid Strait of Hormuz Crisis
Qatar warns of a global industrial catastrophe as shipping traffic through the Strait of Hormuz drops to its lowest level since May following tanker strikes.
Global Oil Prices Surge to Six-Week High Amid Intensifying US-Iran Conflict in the Strait of Hormuz
Oil prices have surged to a near six-week high following an escalation of strikes between the US and Iran in the Strait of Hormuz, driving up fuel costs for consumers worldwide.
Snoonu Pledges QAR 100,000 and Future Support to Save QAWS Following Doha News Report
Snoonu has pledged QAR 100,000 and future sponsorships to the Qatar Animal Welfare Society after a Doha News report highlighted the organisation's potential closure due to mounting financial pressures.
Two Decades of Transformative Leadership: Sheikh Hamdan Celebrates 20 Years Leading Dubai's Executive Council
Marking 20 years under the leadership of Sheikh Hamdan bin Mohammed, Dubai has achieved record-breaking economic growth, infrastructure expansion, and top global rankings.
UAE Official Urges Private Sector Investment to Combat Global Water Scarcity Ahead of Abu Dhabi Conference
A senior UAE official has emphasized the crucial role the private sector can play in tackling global water scarcity ahead of the upcoming UN Water Conference in Abu Dhabi.
Israel Establishes New Trade Office in Republika Srpska
Israel has opened a new trade office in Bosnia’s Republika Srpska, as captured in a recent video report.
Qatar Prime Minister and Chinese Premier Li Qiang Meet in Beijing to Usher in a New Era of Bilateral Cooperation
Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani met with Chinese Premier Li Qiang in Beijing to strengthen economic ties, energy cooperation, and discuss Middle East diplomacy.