Economy
Business and economy news
1126 articles in this section
US and China Launch High-Level Economic Talks Ahead of Trump-Xi Summit
US and Chinese economic officials have launched high-level negotiations in New York City to address trade, artificial intelligence, and critical minerals ahead of an upcoming presidential summit.
Qatar Unveils $60 Billion Investment Strategy, AI Ambitions, and Energy Outlook at New York Forum
Qatar unveiled a $60 billion investment pipeline, new artificial intelligence ambitions, and energy updates during the Qatar Economic Forum in New York.
US Tariffs Stalls Canadian Dairy Exports and Threatens Farmers
US tariffs and stalled sales have severely impacted Canadian dairy farmers, prompting retaliatory measures from Ottawa amid growing economic uncertainty.
Inside Huawei's Landmark US Criminal Trial Amid Rising Tech Tensions
Chinese tech giant Huawei is facing a landmark criminal trial in New York as US prosecutors accuse the company of running a criminal enterprise involving trade secret theft and sanctions violations.
Qatar Unveils $60 Billion Investment Strategy and Launches Doha Investment Platform at New York Forum
Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani announced a $60 billion domestic investment pipeline and launched the Doha Investment platform during the Qatar Economic Forum in New York.
Sharjah-Oman Logistics Corridor Sees 66% Trade Surge Amid Strait of Hormuz Disruptions
The value of goods moving through the Sharjah-Oman logistics corridor jumped over 66% in three months as shippers bypass the Strait of Hormuz amid the Iran war.
UAE Delivers 781 Tonnes of Aid and Water Tankers to Gaza Amid Ongoing Crisis
The UAE has delivered another 781 tonnes of essential food and shelter supplies, along with nine water tankers, to support Palestinian communities in the Gaza Strip.
Postponing the Future: How War and Inflation are Reshaping Marriage in Iran
Soaring inflation, economic sanctions, and war have driven up the costs of housing and weddings, forcing young couples across Iran to delay their futures and put marriage plans on hold.
Etihad Rail and Abu Dhabi Ports Launch Direct Freight Service Between Fujairah and Abu Dhabi
Etihad Rail and Abu Dhabi Ports have launched a direct cargo rail service connecting Fujairah Terminals to the Industrial City of Abu Dhabi to improve supply chain efficiency and reduce road traffic.
How First Iraqi Bank is Transforming Iraq's Cash-Driven Economy Through Digital Banking
First Iraqi Bank is reshaping Iraq's cash-driven economy by introducing digital banking services, reaching over one million customers, and expanding financial inclusion.
Egypt's Electricity Minister Explores Advanced Desalination Partnership with HydroVolta
Egyptian Electricity Minister Mahmoud Esmat met with HydroVolta President George Brik to discuss seawater desalination cooperation, green energy integration, and advanced water treatment technologies.
Agriculture Minister Alaa Farouk Directs Urgent Food Aid and Infrastructure Support to Kalabsha Village in Aswan Governorate
Agriculture and Land Reclamation Minister Alaa Farouk ordered an emergency food aid convoy and technical support team to Kalabsha village in Aswan Governorate to assist 750 families.
President Sisi Praises EgyptAir as National Carrier Breaks into Global Top 50 with Skytrax Honor
Egyptian President Abdel Fattah al-Sisi congratulated EgyptAir after the national carrier climbed to 46th place globally and won the "World's Most Improved Airline" award for 2026 by Skytrax.
Abu Dhabi Announces Dh6 Billion 'The Wadi' Community on Yas Island Amid Major Expansion
Cosmo Developments has announced The Wadi, a Dh6 billion residential community on Yas Island featuring nearly 4,000 homes, waterfront spaces, and proximity to upcoming mega-attractions like Disney and Sphere Abu Dhabi.
Dubai Completes Major Oud Metha Road Project to Cut Travel Times and Ease Congestion
Dubai has completed the Oud Metha Road and Al Asayel Street expansion project to drastically cut travel times and boost traffic capacity. The initiative is part of ongoing efforts by the Roads and Transport Authority to upgrade infrastructure amid a growing population.
Venezuela Partners with TotalEnergies in Major Drive to Boost Foreign Energy Investment
Venezuela has signed an energy cooperation agreement with France’s TotalEnergies as part of a wider government campaign to draw foreign investment into its oil and gas sector.
Inside a Family's Dh200,000 Four-Bedroom Villa in Layan's Swanky Suburbs
Take a look inside events company owner Catherine McEvoy's four-bedroom rented villa in Layan, where she lives with her family and pets for Dh200,000 a year.
Cuba Struggles to Restore Power Following Another Devastating Nationwide Blackout
Cuba is gradually restoring power following a massive nationwide blackout, the latest in a series of severe energy failures driven by aging infrastructure and an ongoing blockade.
Skyrocketing Car Prices Expose the Harsh Reality of Iran's Economic Crisis
An economic crisis and soaring car prices in Iran have left citizens struggling to afford vehicles, highlighting a broader cost-of-living emergency.
Sharqiya Governorate Enforces Strict Total Ban on Tree Cutting to Preserve Green Spaces
Governor Hazem al-Ashmouny has issued a total ban on tree cutting across Sharqiya to protect the environment, expand green spaces, and combat pollution.
How Africa’s Green Revolution and Monoculture Promotion Threaten Traditional Crops and Food Security
New research shows that AGRA's Green Revolution and promotion of maize monocultures are threatening resilient traditional African crops like millet, cassava, and sorghum, undermining food security and agricultural diversity.
Egypt to Host Alamein Africa Forum to Boost Continental Business Partnerships
Egyptian Foreign Minister Badr Abdelatty and Afreximbank President George Elombi met to discuss preparations for the upcoming Alamein Africa Forum, which aims to drive cross-border partnerships and economic integration across the continent.
Egypt Petroleum Sector Achieves 63 New Discoveries and Refines 28 Million Tons of Crude in Fiscal Year 2025/26
The Ministry of Petroleum and Mineral Resources announced 63 new oil and gas discoveries and the refining of 28 million tons of crude for the 2025/26 fiscal year, fully meeting domestic demand.
US Diesel Prices Hit Record $6.31 a Gallon as Global Supply Pressures Mount
US diesel prices have reached a record high of $6.31 per gallon, driven by global supply disruptions and geopolitical conflicts, threatening broader economic and consumer price pressures.