Economy
Business and economy news
1128 articles in this section
Egypt Public Prosecution Freezes Assets in New Cairo School Fraud Investigation
Egypt's Public Prosecution has frozen the assets of several suspects following a major fraud investigation involving unauthorized loans taken out in parents' names at the Global Paradigm school in New Cairo.
UK Households Face Energy 'Risk Premium' as US-Israel War on Iran Drives Up Bills
UK households and businesses are facing a new 'risk premium' on energy bills and diminishing spending power as the US-Israel war on Iran drives up wholesale gas prices and disrupts global supplies.
قانون الجمارك الجديد: كيف يغيّر المرسوم 109 حساب رسوم السيارات المستوردة
مرسوم رقم 109 لعام 2026 يحل محل قانوني الجمارك 37 و38 لعام 2006، ويعتمد نسبة من قيمة المركبة بدل الرسوم المقطوعة.
New US Sanctions Target Iranian Education and Language Tests, Leaving Students Facing Uncertainty
Recent US sanctions targeting Iran have suspended essential education services and language exams like TOEFL, GRE, and Duolingo, leaving Iranian students facing uncertainty and added financial burdens.
تأهيل شبكة الطرق: 476 مليون دولار لأوتوستراد دمشق–درعا وصيانة شاملة لدمشق–حلب
منحة من البنك الدولي لتأهيل الطريق الدولي دمشق–درعا، وأعمال صيانة شاملة على محور دمشق–حلب ضمن خطة وطنية.
Adam Neumann's Real Estate Firm Flow Expands to the UAE and Launches Hiring Spree
Flow, the residential real estate firm founded by WeWork co-founder Adam Neumann, is expanding into the UAE and ramping up recruitment as it establishes a Dubai-based global design and development centre.
UAE Developer Arada Announces Massive $7 Billion Real Estate Project in Syria
UAE developer Arada is partnering with the Syrian Sovereign Fund to construct a $7 billion mixed-use real estate project in western Damascus. The massive development aims to support Syria's economic rebuilding following years of civil war and recent sanctions relief.
Oil Prices Surge Past $91 as US and Iranian Strikes Spark Fears of Middle East Escalation
Oil prices climbed past $91 a barrel as fresh military exchanges between the United States and Iran in the Middle East heightened fears of a prolonged escalation in the Strait of Hormuz.
Shein Shares Plunge 10% in Hong Kong Trading Debut Following Long-Awaited IPO
Shein Global Holdings experienced a rocky Hong Kong debut, with its shares plunging as much as 10 per cent following an IPO that valued the fast-fashion giant at a fraction of its former $100 billion peak.
How Economic Pressure and Chokepoint Strategies are Shaping the Iran War
As the Iran war shifts from deterrence to a battle of economic pressure, declining reliance on maritime chokepoints and mounting regional strains suggest that diplomacy and deals may ultimately replace the current stalemate.
Why Building Wealth Through Stocks Is Easier Than Ever
Building wealth through stocks is easier than ever, requiring only patience, discipline, and a diversified approach rather than complex market timing or deep specialization.
US Decision to Include Russia's Siluanov in G20 Finance Talks Sparks European Outrage
Russian Finance Minister Anton Siluanov made a surprise appearance at US-hosted G20 finance talks in North Carolina, drawing sharp criticism and dismay from European ministers.
US Treasury Secretary Scott Bessent Praises EU Backing for Iran Sanctions
US Treasury Secretary Scott Bessent welcomed the European Union's support for new economic sanctions aimed at isolating Iran's financial systems.
Surpassing $100 Billion: How India and the UAE Are Forging Closer Economic Bonds
Bilateral trade between India and the UAE has surpassed $100 billion following their Comprehensive Economic Partnership Agreement, with both nations aiming for $200 billion by 2032.
Western Balkans Truck Drivers Threaten EU Border Blockade Over Schengen Limits
Truck drivers from the Western Balkans have threatened to block EU borders next month unless Brussels exempts professional transporters from strict Schengen stay limits.
Bank of England Governor Warns Advanced AI Models Threaten Global Financial Stability
Bank of England governor Andrew Bailey has warned G20 leaders that advancing artificial intelligence models present significant, borderless risks to global financial stability.
Greece Secures Landmark $3.5bn Air Defence Agreement with Israel
Greece has signed a historic $3.5bn defence deal with Israel to build a comprehensive multi-layered air defence network utilizing advanced Israeli missile systems.
BP Accelerates Egyptian Energy Sector with Early Gas Production at Fayoum-4 Well
BP has successfully begun natural gas production from the Fayoum-4 well in Egypt's West Nile Delta concession nearly two years ahead of schedule, adding 80 million cubic feet per day to the national grid.
Trump Announces Plan to Replenish US Strategic Petroleum Reserve with Venezuelan Oil Following Historic Deal
United States President Donald Trump announced that oil from a new deal with Venezuela will be used to refill the depleted US Strategic Petroleum Reserve. The 25-year agreement aims to revitalize Venezuela's oil industry while supplying emergency reserves to Washington.
Beyond Jackson Hole: How Gulf Dynamics Drive the Global Monetary Policy Debate
Following the Jackson Hole economic symposium, central bank policies and global inflation rates are increasingly tied to energy market disruptions and geopolitical developments in the Gulf.
Banque Misr UAE Operations Continue Normally Despite US Money-Laundering Scrutiny, Regulators Confirm
Regulators in the UAE and Egypt confirm that Banque Misr branches in the Emirates are operating normally following US money-laundering concerns and a proposed Treasury rule.
اتفاقية سورية سعودية لتطوير وتشغيل مطار حلب الدولي
الهيئة العامة للطيران المدني توقّع اتفاقية لتطوير وتشغيل مطار حلب الدولي بالشراكة مع صندوق استثماري سعودي.
How the US and Middle East Allies Outsmarted Iran's Oil Blockade Tactics
Middle Eastern oil producers and the US Navy are utilizing clandestine 'dark' transits and alternative pipelines to bypass Iranian threats in the Strait of Hormuz, helping stabilize global energy supplies amidst an ongoing war.
Trump Announces New Venezuelan Oil Deal to Replenish Depleted US Strategic Petroleum Reserve
US President Donald Trump announced that oil secured through a new agreement with Venezuela will be used to refill the heavily depleted Strategic Petroleum Reserve.