Economy
Business and economy news
1542 articles in this section
Prime Minister Mostafa Madbouly and CBE Governor Discuss Economic Coordination and Financial Reforms
Prime Minister Mostafa Madbouly met with CBE Governor Hassan Abdalla to discuss economic coordination, inflation reduction, foreign reserves, and new digital financial identity regulations.
Egypt and Mongolia Explore Strategic Partnerships in Water Resources Management
Egyptian and Mongolian officials met during COP17 to discuss cooperation in water resources management, focusing on agricultural efficiency and food security.
Yemen’s Houthis Claim Ballistic Missile Strike on Saudi Tanker in Red Sea
Yemen's Houthi rebels claimed a ballistic missile attack on a Saudi oil tanker off the coast of Yanbu in the Red Sea, causing a fire aboard the vessel.
US Pressure Campaign Against Iran Puts Trump's Trade Truce with China to the Test
The US has launched a new maximum-pressure campaign against Iran's economy called 'Operation Economic Outcast,' testing relations and trade agreements with major global players like China.
US Imposes Stiff New Sanctions on Iran Amid Escalating Economic Pressures
The US administration has unveiled severe new economic sanctions and a naval blockade targeting Iran's oil, aviation, and shipping sectors as the ongoing conflict approaches the six-month mark.
Manus on Markets: Analyzing the Global Financial Impact of US Sanctions on Iran
Manus Cranny explores whether impending US sanctions against Iran could send shockwaves through the global financial system, alongside other major global headlines.
Abu Dhabi's Lulu Island Set for Major Transformation as Eagle Hills Properties Confirms Development Plans
Eagle Hills Properties has confirmed it is overseeing the long-awaited development of Abu Dhabi's Lulu Island, paving the way for a major residential and waterfront transformation.
US Imposes Sweeping New Sanctions Against Iran Amid Escalating Tensions
The US has announced sweeping new sanctions against Iran as part of an unprecedented economic campaign to sever Tehran's financial ties. Regional and international reactions continue to unfold amid escalating tensions.
Smart Strategies for Cutting Down Back-to-School Expenses
Discover effective strategies to ease the financial burden of back-to-school shopping by budgeting, spreading out purchases, and embracing second-hand items.
Egypt Establishes New Regulatory Framework to Compensate Owners of Architectural Heritage Buildings
The Egyptian Cabinet has approved a new resolution to regulate compensation and incentives for owners of heritage buildings with distinguished architectural styles. The framework aims to streamline registration, support property revitalization, and ease financial burdens on owners.
US Navy Resources Strained as Two Carrier Groups Deploy to the Middle East
The deployment of two US carrier groups to the Middle East is placing a heavy strain on naval resources.
Why the Gulf Holds a Strategic Edge in a Fragmented Decarbonisation Landscape
As global decarbonisation fragments into distinct regional approaches, Gulf nations are leveraging long-term planning and policy consistency to secure a strategic economic advantage.
France and Saudi Arabia Seal $7 Billion Mega Theme Park Deal and Boost Strategic Ties
France and Saudi Arabia have agreed on a $7 billion manga-themed amusement park project near Paris, alongside major deals spanning defence, AI, and transport following talks between Emmanuel Macron and Crown Prince Mohammed bin Salman.
Bitcoin Surges Past $80,000 to Hit Three-Month High Amid Regulatory Optimism
Bitcoin climbed above $80,000 for the first time since mid-May, driven by improved liquidity expectations and President Donald Trump's push for clear digital-asset legislation.
US Expects Global Trade Cuts on Iran as Syria Clears Economic Hurdle and Parkin Expands Regionally
The US expects international support for new Iran sanctions, Syria overcomes a major economic hurdle, and regional developments feature updates on Lulu Island and Parkin.
Soaring Costs and Regional Conflict Drive Up Back-to-School Expenses for UAE Families
Families across the UAE are facing severe financial strain as the conflict in the region and rising costs drive up prices for back-to-school essentials, uniforms, and tuition.
US Imposes Fresh Sanctions on Iran and Urges International Allies to Cut Trade Ties
The US Treasury Department has unveiled a new wave of sanctions targeting Tehran's financial networks, prompting a defiant response from Iranian officials.
Iran Prepares for Severe New US Economic Sanctions Amid Escalating Conflict
Iran is bracing for severe new US economic sanctions and an 'economic D-Day' as military officials and analysts weigh the impact on the struggling Iranian economy.
Prince Harry and Meghan's UK Return Should Prompt Prime Minister Andy Burnham to Overhaul the Tax Code
As Prince Harry and Meghan prepare to move back to the UK, Prime Minister Andy Burnham faces pressure to rethink his government's controversial new wealth tax and tax code.
US Treasury Secretary Warns of Historic Economic Offensive Against Iran Amid Decades of Sanctions
US Treasury Secretary Scott Bessent warns of an unprecedented financial offensive against Iran, highlighting decades of extensive US sanctions dating back to 1979.
Iranian Rial Plummets to Historic Low Ahead of Anticipated US Sanctions
Iran's currency has plunged to a record low against the US dollar amid a worsening economic crisis and impending US Treasury sanctions.
Iran Signals Potential Fuel Price Increase Amid Looming US Sanctions and Economic Strain
The Iranian government is preparing the public for a potential fuel price increase to support its struggling economy amid intense US sanctions and ongoing conflict. Citizens express deep concern over runaway inflation and deteriorating living conditions.
Nigeria Eyes Global Gas Markets and European Demand Amid Iran Conflict
Nigeria seeks to capitalize on global natural gas market strains caused by the Iran conflict by boosting exports, even as the country grapples with high domestic cooking gas prices.
Iran Faces Severe Economic Pressure as US Prepares Toughest Sanctions Yet
Iran faces severe economic isolation as US Treasury Secretary Scott Bessent prepares to unveil the toughest sanctions yet, following the collapse of a recent ceasefire and ongoing disruptions in the Strait of Hormuz.