Economy
Business and economy news
1123 articles in this section
CNN and CBS News Unite Under Skydance Following Massive $110bn Merger
Paramount Skydance has completed its $110bn merger with Warner Bros Discovery, bringing CNN and CBS News under one roof and raising questions about future editorial independence and cost-cutting measures.
UAE Pledges Global Action for Innovation and Resilience at Abu Dhabi Food Security Summit
Sheikh Mansour bin Zayed has reaffirmed the UAE's commitment to advancing global food security through innovation and resilience as the Global Food Security Summit opens in Abu Dhabi.
Global Energy Leaders Gather in London to Overcome Supply Disruptions Amid US-Iran Conflict
Energy executives meeting at the Energy Intelligence Forum in London discussed strategies to secure oil supplies and build industry resilience amid disruptions caused by the US-Iran war.
DP World Secures 10-Year Concession Extension and $90M Upgrade for Angola's Port of Luanda
Global ports operator DP World has received a 10-year concession extension and announced a $90 million upgrade to dramatically increase capacity at Angola's Port of Luanda.
On the Frontlines of a Slow-Moving Catastrophe: How Kabul Is Racing Toward 'Day Zero' for Water
Kabul is rapidly approaching a catastrophic 'day zero' where its water supply runs completely dry, leaving millions of residents facing severe shortages, soaring costs, and the harsh impacts of climate change.
UAE and Jordan Leaders Discuss $2.5 Billion Cross-Border Railway Project
President Sheikh Mohamed and King Abdullah of Jordan held a phone call to review bilateral ties and discuss the landmark $2.5 billion Aqaba-Al-Shidiya-Maan Railway Project.
Egyptian Exports to South Korea Surge 11.2% in the First Half of 2026
Data from CAPMAS shows that Egyptian exports to South Korea rose by 11.2% in the first half of 2026, while South Korean investments in Egypt surged dramatically.
Exploring the Shift as Young People Pay to Secure Employment
An examination of the emerging trend where young job seekers pay to get hired, highlighted in a short video segment.
World Bank Cuts 2026 Middle East Economic Forecast by 2.1% Due to Ongoing Iran War
The World Bank has downgraded its 2026 economic forecast for the Middle East, projecting a 2.1 per cent GDP contraction driven by energy supply constraints from the ongoing Iran war.
Unlocking the Gulf's Full Industrial Potential Through Cross-Border Integration
As ministers and investors gather for the inaugural Made in GCC Forum in Bahrain, experts argue that regional economic integration and cross-border collaboration will unlock the Gulf's true industrial potential.
Trump Shifts Blame for Soaring US Fuel Prices to Democrats and Ukraine Ahead of Midterms
President Donald Trump is deflecting blame for rising US fuel prices onto Democrats and Ukrainian attacks on Russian refineries as midterm elections approach. Meanwhile, polls indicate that a majority of Americans hold Trump's policies responsible for the higher costs.
Qatar Central Bank and Euroclear Partner to Boost Global Access to Government Bonds
Qatar Central Bank and Euroclear have established a new settlement link to make Qatari government bonds and sukuk accessible to global investors through Euroclear's infrastructure.
Sheikh Khaled and King Abdullah Break Ground on $2.3 Billion Jordan Rail Project
Sheikh Khaled bin Mohamed and King Abdullah II have launched the $2.3 billion Aqaba-Al-Shidiya-Maan Railway Project to connect Jordan's mining hubs with the Port of Aqaba.
Abu Dhabi's Eagle Hills Signs Major Agreement for Residential and Tourism Projects in Syria
Abu Dhabi-based Eagle Hills has signed a framework agreement with the Syrian government to develop major residential and tourism projects in Damascus and Latakia, expected to create over 40,000 jobs.
UK Faces £120 Billion Wealth Drain as Billionaires Relocate Amid Tax Changes
Britain has lost £120 billion as several billionaires and high-net-worth individuals relocate abroad to escape tightening tax policies under the Labour government.
Qatari LNG Shipments Continue Through Strait of Hormuz Amid Ongoing Regional Risks
Qatari LNG shipments continue to navigate the Strait of Hormuz despite regional security concerns linked to the ongoing conflict.
Qatar's Loan Market Prepares for Next Evolution Through Tailored Documentation and Islamic Finance Standards
A recent roundtable in Doha hosted by the Loan Market Association and Al Tamimi & Company explored ways to evolve Qatar's loan market through localized documentation, Arabic-language options, and consistent Islamic finance standards.
Is Iran Imposing a Toll for Oil Tanker Passage Through the Strait of Hormuz?
Middle East oil exports have surged past pre-war levels despite the conflict, with analysts speculating that Gulf nations might be paying Iran informal tolls for safe passage through the Strait of Hormuz.
Adnoc Secures Major LNG Supply Deal with Thailand's Gulf Development Amid Gulf Disruption
Adnoc has signed a multi-year agreement to supply liquefied natural gas to Thailand’s Gulf Development, helping the nation secure alternative fuel sources amid regional supply disruptions caused by the Iran war.
How PRYPCO Blocks is Redefining Dubai Real Estate Investment with its 'Habba Habba' Campaign
PRYPCO Blocks is launching its new 'Habba Habba' campaign to make fractional real estate investing in Dubai more accessible, allowing users to invest in properties starting from Dh500.
Nationwide Teachers' Strike Paralyzes Libyan Schools as Unions Demand Major Economic Reforms
Libyan teachers have launched a nationwide open-ended strike to demand higher salaries, better working conditions, and a unified pay system amid a severe cost-of-living crisis.
International Advertising Authority Establishes Qatar Chapter to Boost Regional Creativity and Communications
The International Advertising Association has launched its new Qatar Chapter during IAA UNITE in London to strengthen the nation's status as a regional hub for creativity and communications.
Prime Minister Mostafa Madbouly Reviews Fertilizer Supplies and Distribution for Farmers
Prime Minister Mostafa Madbouly held a high-level meeting with key ministers to review strategies for securing agricultural fertilizer supplies and tightening distribution oversight for farmers.
Egypt Outlines Strategy to Build Human Capital and Power Transport Sector Expansion
The Ministry of Transport has unveiled a strategic vision to develop specialized human resources and establish the Egyptian International University for Transport Engineering and Technology to support the country's expanding infrastructure.