Economy
Business and economy news
1126 articles in this section
Wartime Desperation Fuels Deadly Gold Mine Collapses Amid Sudan's Economic Crisis
A tragic gold mine collapse in northern Sudan has killed at least 10 people, highlighting the severe safety risks and desperation driving workers into unregulated mining amid the country's ongoing economic crisis.
Examining the Casualties of the US-Canada Trade War
A short video report explores the individuals and groups affected as the US-Canada trade war unfolds.
Etihad Rail Tickets Now Available for Landmark Dubai-Abu Dhabi Route Starting at Dh39
Tickets for the new Etihad Rail service between Dubai and Abu Dhabi are now on sale ahead of the September 30 launch, with fares starting at Dh39.
How Communal Ovens Are Helping Displaced Families Survive in Gaza
Displaced Palestinian mothers in Gaza are relying on free communal ovens supported by the ICRC to bake bread and earn a modest income amidst severe shortages of food and cooking fuel.
Inside Nigeria's Refining Boom: Why Domestic Production Has Failed to Lower Fuel Prices
Despite the historic launch of the Dangote Petroleum Refinery and a sharp drop in fuel imports, Nigeria continues to grapple with high fuel prices and a cost-of-living crisis driven by market concentration and subsidy removal.
Why Market Record Highs Shouldn't Disrupt Your Long-Term Investment Strategy
Reaching record market highs often tempts investors to hold back their cash, but historical trends show that waiting for a market decline can be an expensive mistake.
World Food Programme Warns Maritime Chokepoint Disruptions Threaten Millions with Hunger Amid Rising Global Prices
The acting head of the World Food Programme warns that disruptions at three key maritime chokepoints are driving up global food and energy prices, threatening millions with hunger.
UAE Urges Robust Protection of Global Supply Chains to Secure World Food Security
UAE Minister of State Khalifa Al Marar warned at the UN that global supply chain disruptions could push up to 45 million people into acute food insecurity, urging stronger international protections.
US Threatens Global Grounding of Iranian Airlines with Secondary Sanctions Starting Wednesday
United States Treasury Secretary Scott Bessent announced that all Iranian airlines face a global grounding by Wednesday due to impending US secondary sanctions on foreign service providers.
Iran Implements Sweeping Remote Work and Energy-Saving Measures Amid Severe Economic Crisis
Iran has introduced remote work mandates, free public transport, and fuel price hikes as part of desperate energy-saving measures amid a severe economic crisis and US naval blockade.
US Treasury Threatens Secondary Sanctions to Ground Iranian Aviation Globally
US Treasury Secretary Scott Bessent has warned of secondary sanctions against global air providers dealing with Iranian airlines, threatening to cut off non-compliant companies from the US dollar system.
Abu Dhabi Labour Court Successfully Recovers Dh7.8 Million for Hundreds of Workers
The Abu Dhabi Labour Court recovered Dh7.8 million in unpaid wages for 948 workers through collaborative efforts with the Ministry of Human Resources and Emiratisation, ensuring job retention and financial recovery.
Bitcoin Soars to Eight-Month High, Surpassing $85,000 Amid Strong Institutional Demand
Bitcoin prices climbed to an eight-month high above $85,000 on Monday, bolstered by strong ETF inflows, institutional demand, and improving market sentiment.
US-Israel War Halts Oil and Gas Sector, Crushing Iran's GDP by 10 Percent
Iran's GDP has contracted by 10.1 percent amid the US-Israel war, driven by a severe collapse in oil and gas exports as Washington tightens economic and naval pressure.
UK Opposition Pledges to Restore Tax-Free Shopping to Revive High Streets
The UK Conservative party plans to restore tax-free shopping for overseas visitors to boost high street spending and attract international tourists back to Britain.
Qatar Announces Fourth Real Estate Forum 2026 to Showcase Sector Transformation and Investment Opportunities
The Real Estate Regulatory Authority (Aqarat) has announced that the fourth Qatar Real Estate Forum 2026 will take place from October 27 to 29 at the Doha Exhibition and Convention Center to discuss sector transformation and investment opportunities.
Prime Minister Mostafa Madbouly and CBE Governor Hassan Abdalla Review Economic Reforms and FX Reserves
Prime Minister Mostafa Madbouly met with CBE Governor Hassan Abdalla on Sunday, September 20, 2026, to discuss economic reforms, foreign exchange reserves, and monetary stability mechanisms.
Inside Aliko Dangote's Mega Refinery: Transforming Nigeria's Energy Future and Empowering Africa
Nigerian billionaire Aliko Dangote discusses the monumental challenges of building his landmark refinery, which aims to reduce fuel imports, boost African self-sufficiency, and create wealth for citizens.
Strait of Hormuz Vessel Traffic Plummets as Middle East Tensions Escalate
Vessel traffic through the Strait of Hormuz and Bab Al Mandeb has dropped sharply amid escalating Middle East tensions and rising security threats to commercial shipping.
Cosmo Developments Launches Dh6 Billion 'The Wadi' Mixed-Use Project on Yas Island
Cosmo Developments has launched The Wadi, a Dh6 billion mixed-use residential project on Yas Island featuring 3,950 units and nature-led design.
Oil Prices Drop Amid Hopes UN Diplomacy Could Ease US-Iran Conflict
Oil prices fell to a one-week low on Monday as growing diplomatic optimism at the UN General Assembly raised hopes for a potential end to the US-Iran conflict.
Abu Dhabi Developer Eagle Hills Partners with Maldives for Massive $20 Billion Waterfront and Marina Mega-Project
Abu Dhabi developer Eagle Hills has agreed to build a $20 billion waterfront and marina project in the Maldives to boost foreign investment and tourism. The massive development in Ras Male will feature luxury residences, hotels, and a world-class marina.
Abu Dhabi’s IHC Confirms Fount Trust as Ultimate Parent Following Ownership Restructure
Abu Dhabi’s International Holding Company has confirmed Fount Trust as its ultimate parent following a corporate restructure designed to provide long-term ownership continuity.
Qatar Prime Minister Warns of Regional "Earthquake" and Shifts Investment to $38bn Infrastructure Plan
Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani warned of the severe geopolitical and economic fallout from the US-Israel war on Iran while announcing a new $38bn domestic infrastructure investment plan.