Economy
Business and economy news
1124 articles in this section
Inside Nurse Sarah Louise's Dh690,000 Al Barsha Villa Featuring a Home Office and Custom Garage
Former nurse and consultant Sarah Louise shares a look inside her luxurious five-bedroom Al Barsha villa, which costs Dh690,000 a year and features a custom-built garage and home office.
Canada Announces Retaliatory Tariffs on US as Trade Conflict Deepens
Canadian Prime Minister Mark Carney has announced retaliatory tariffs against the United States after Washington levied a 50 percent tax on $20bn worth of Canadian goods, escalating an ongoing trade conflict.
Why UAE Companies Must View E-Invoicing as a Strategic Transformation
The UAE's e-invoicing programme is much more than a compliance obligation, serving as a vital business transformation initiative that requires immediate preparation from local companies.
UAE and Russia Implement Landmark Trade and Investment Agreement to Boost Economic Ties
A trade and investment agreement between the UAE and Russia has officially come into force to boost bilateral economic ties across high-growth services sectors.
Strategy Leader Harsh Garg on Financial Discipline, Entrepreneurship, and Saving for the Worst-Case Scenario
Harsh Garg, a strategy executive and entrepreneur, discusses his financial journey from a middle-class upbringing in India to building a diversified investment portfolio and mentoring young founders in Dubai.
Canada Vows Dollar-for-Dollar Retaliation After US Imposes Steep 50 Per Cent Tariffs
Canada has vowed to hit back dollar-for-dollar with retaliatory tariffs after trade talks with the US collapsed and Washington imposed a 50 per cent levy on Canadian goods.
Iran Facing 'Full-Scale' Conflict Amid Impending US Sanctions, Says President Masoud Pezeshkian
Iranian President Masoud Pezeshkian stated that Iran is in a full-scale war amid severe economic challenges and upcoming US sanctions.
Iran Condemns Looming US Sanctions and Threatens Retaliation as Strait of Hormuz Standoff Intensifies
Iran has condemned impending US economic sanctions and threatened retaliation against cooperating nations, as the standoff over the Strait of Hormuz deepens and oil exports drop to zero.
Canadian Premiers Respond to Trade Tensions as Trump Trust Becomes a Central Concern
Canadian premiers responded to ongoing trade tensions, stating that Trump cannot be trusted as economic disputes intensify.
Iran Issues Strong Warning Against Nations Joining US Economic D-Day
Iran threatens countries that join the US 'economic D-Day' in a newly released video.
Iran Allows Special Passage for Iraqi Oil Tankers Through Strait of Hormuz
Iran has permitted a select number of Iraqi oil tankers to pass through the Strait of Hormuz following persistent requests from Baghdad, as regional nations navigate ongoing conflict and export challenges.
Canada to Implement Retaliatory US Tariffs on September 8 Following Collapsed Trade Talks
Canadian Prime Minister Mark Carney announced retaliatory tariffs starting September 8 after trade negotiations with the United States collapsed over unyielding US demands.
Strait of Hormuz Traffic Reaches 20 Percent of Pre-War Levels as US Navy Secures Key Shipping Routes
Traffic through the Strait of Hormuz has reached 20 percent of pre-war averages as the US Navy secures vital shipping routes and facilitates millions of barrels of oil exports.
Trump's Tariffs and Their Impact on Canada's Economy Examined in New Video
A short video explores how potential tariffs from Trump could impact the Canadian economy.
Iran Grants Special Permission for Iraqi Oil Tankers to Navigate Strait of Hormuz
Iran has permitted several Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad. Iraqi President Nizar Amidi emphasized the nation's economic vulnerability and commitment to avoiding regional conflict.
Trump Waives Beef Tariffs for 90 Days in Bid to Lower Household Prices
US President Donald Trump announced a 90-day waiver on beef import tariffs to lower consumer prices by 25 percent, drawing both support and criticism from agricultural groups ahead of the midterm elections.
Bolivian President Rodrigo Paz Dismisses Economy Minister Following Congressional Censure and Unrest
Bolivian President Rodrigo Paz has ousted Economy Minister Jose Gabriel Espinoza following a congressional censure, attempting to ease widespread public anger and secure legislative backing for key economic reforms.
Damietta Port Manages 30 Vessels and Thousands of Tons of Cargo in 24-Hour Period
Damietta Port handled 30 vessels and processed thousands of tons of cargo, including various imports, exports, and container traffic over a 24-hour period.
Prime Minister Mostafa Madbouly Hails Julius Nyerere Dam as a Symbol of Egypt's Expanding Influence in Africa
Prime Minister Mostafa Madbouly attended the inauguration of the Julius Nyerere Dam in Tanzania, highlighting the project as a major milestone in Egyptian-Tanzanian cooperation and a symbol of Egypt's expanding influence in Africa.
Egyptian Economy Demonstrates Strong Resilience Amid Global Shocks, Says Planning Minister
Minister of Planning and Economic Development Ahmed Rostom highlighted Egypt's economic resilience and growth during a meeting with international real estate executives.
Facing Famine: Can Somalia Avoid an Impending Humanitarian Crisis?
Approximately six million people in Somalia face severe hunger amid compounding droughts, conflicts, and drastic international aid cuts. Experts discuss the mounting crisis and its dire consequences.
Iran Condemns Impending US Sanctions as a Threat to Global Sovereignty and Classic Colonialism
Iran has condemned impending US sanctions as an assault on global sovereignty and a return to colonialism, amid escalating tensions and stalled peace talks between Washington and Tehran.
US-Canada Trade War Reignites as Last-Minute Negotiations Collapse
Trade negotiations between the US and Canada collapsed at the last minute, leading to the immediate implementation of 50% tariffs and a swift vow from Ottawa to match the levies dollar for dollar.
US National Debt Surpasses $40 Trillion as Financial Burden Falls on Americans
The United States national debt has officially surpassed $40 trillion, leaving the financial burden directly on American citizens.