Economy
Business and economy news
1128 articles in this section
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.
Qatar Stresses Enduring Global Importance of the Strait of Hormuz Despite New Export Routes
Qatar insists the Strait of Hormuz will remain a vital international trade route despite efforts by Gulf states to develop alternative export paths amid ongoing regional conflict.
Sharjah Ruler Introduces Flexible Part-Time Work Scheme for Retirees and Senior Citizens
Sharjah Ruler Sheikh Dr Sultan bin Muhammad Al Qasimi has approved a flexible part-time work scheme for retirees and senior citizens in the public sector to enhance family stability and work-life balance.
Dubai Metro's Red Line Station Renamed Garmin in 10-Year Naming Rights Deal
The Onpassive Metro station on Dubai Metro's Red Line is being renamed Garmin Metro Station following a new 10-year agreement announced by the Roads and Transport Authority.
Emaar Founder Mohamed Alabbar Forecasts Balanced Dubai Property Market Despite Regional Pressures
Emaar Properties founder Mohamed Alabbar expects a balanced Dubai property market next year despite regional conflicts, highlighting the company's strong cash flow and refusal to offer discounts.
Saudi Arabia's PIF Establishes New Developer for Al Khafji Coastal Megaproject Near Kuwait Border
Saudi Arabia's Public Investment Fund has launched the Gulf Coast Development Company to build a major residential and tourism project along the Arabian Gulf in Al Khafji near the Kuwaiti border.
Cuban Innovation Flourishes Amid Severe Energy Crises and Blackouts
Facing severe rolling blackouts and fuel shortages driven by US sanctions, Cubans across the island are adopting creative survival tactics, from solar-powered transit to DIY digital tutorials.