Economy
Business and economy news
1126 articles in this section
UAE Capital Market Authority Transforms into a Market Engineer to Drive Economic Growth
The UAE’s Capital Market Authority has evolved from a traditional market watchdog into a strategic 'market engineer,' collaborating with regulators in Abu Dhabi and Dubai to drive national economic diversification and global competitiveness.
Abu Dhabi Announces 2027 Completion for First Phase of Dh2.8bn Mid-Island Parkway
The first phase of Abu Dhabi's Dh2.85 billion Mid-Island Parkway is set to be completed in 2027, drastically cutting travel times between major islands.
Egypt Successfully Blocks Israeli Plans for Suez Canal Alternative, Says Deputy Prime Minister
Egypt's Deputy Prime Minister Kamel al-Wazir stated that the country has successfully monitored and countered plans for alternative trade routes like the Ben Gurion Canal, confirming the Suez Canal remains unmatched in efficiency.
Egypt's Ambitious 30-Million Tourist Goal: Can Infrastructure Keep Up with Demand?
As Egypt approaches its target of 30 million annual tourists, the industry faces critical infrastructure challenges regarding hotel capacity, airline seats, ground transport, and workforce development.
Egypt Revamps Its Gold Mining Sector as Global and Local Giants Expand Operations
Egypt is reshaping its gold exploration map by welcoming numerous global and local mining giants through updated regulatory policies and the open-area system. The initiative aims to significantly boost the mining sector's contribution to the national GDP.
Stuck Between Washington and Beijing: Can Europe Close Its Competitiveness Gap?
Europe is struggling to keep pace with the United States and China amidst mounting trade tensions and strategic dependencies. Closing this gap will require substantial reform and investment.
Netherlands Abandons Controversial Wealth Tax Plans to Prevent Investor Exodus
The Dutch government has scrapped its controversial wealth tax plans following warnings of an investor exodus, opting instead for a capital gains tax starting in 2028.
Manus on Markets: Navigating the Global Bond Market Turmoil and Breaking Financial Headlines
Manus Cranny examines the ongoing turmoil in the global financial system, focusing on severe challenges in the bond market alongside other major world headlines.
The Evolution of Private Credit: Key Trends Driving Market Growth and Innovation
As private credit experiences rapid growth driven by institutional capital and financial innovation, experts examine the emerging trends, structural developments, and risks shaping the market's future.
South Korea Exports Reach Historic Milestone Driven by Global Artificial Intelligence Boom
South Korea's exports soared to a record $120.9bn in September, driven by unprecedented global demand for artificial intelligence chips.
UAE Implements Mandatory Maritime Security Regulations to Enhance Cargo Safety
A new UAE shipping regulation has taken effect to enhance maritime security through advance cargo information filings managed by the National Advance Information Centre.
US Judge Approves Landmark $110bn Settlement Enabling Paramount's Acquisition of Warner Bros
A US judge has approved a settlement allowing Paramount to proceed with its $110bn acquisition of Warner Bros. despite antitrust concerns. The agreement includes theatrical quotas and measures to protect the editorial independence of networks like CNN and CBS.
Major Gas Pipeline Explosion in Syria Shuts Down Three Key Power Plants
A gas pipeline explosion in Syria has knocked three major power plants offline, sparking a massive fire and worsening the nation's severe electricity shortages.
US Shale Executives Warn Iran Conflict Creates Severe Long-Term Planning Hurdles
A recent Dallas Fed survey reveals that US shale executives are struggling with long-term financial planning and budgeting due to extreme market volatility caused by the ongoing Iran war.
US Fed Watchdog Clears Jerome Powell of Criminal Wrongdoing in Massive Renovation Project
A Federal Reserve watchdog report found no criminal wrongdoing or administrative misconduct in a costly renovation project that had faced heavy scrutiny from President Donald Trump.
Inside the Trump Administration's $27 Billion Private Investment Portfolio
The Trump administration has signed 39 deals valued at $27.7 billion since January 2025, taking equity stakes in private companies across sectors like technology, minerals, and defense to strengthen US national security.
US President Trump Set to Announce Massive $200bn Energy Investment Deal with South Korea
US President Donald Trump is set to announce $200bn in strategic energy investments from South Korea, including a major LNG project in Alaska and facility developments in Texas.
Unicef Warns That One in Five Lebanese Households Face Hunger Amid Deepening Crisis
Unicef reports that children in one in five Lebanese households are going to bed hungry as conflict worsens an already severe economic crisis, leaving thousands out of school and facing psychological distress.
Ajman Launches Pilot Initiative to Regulate Shared and Bachelor Accommodation
Ajman has initiated a pilot program in five key areas to regulate shared and bachelor housing, aiming to improve building efficiency and residential safety.
Ajman Launches Pilot Initiative to Regulate Bachelor and Shared Housing Across Five Key Areas
Ajman has launched a pilot initiative in five key areas to regulate bachelor and shared accommodation, aiming to improve residential safety and urban planning.
Your Complete Guide to Commuting Between Dubai and Abu Dhabi via Etihad Rail
Discover how to commute seamlessly between Dubai and Abu Dhabi using the new Etihad Rail service, including station access, parking, and last-mile travel options.
Strait of Hormuz Oil Flows Recover as Iran Faces Mounting Economic Pressure and US Blockade
Oil traffic through the Strait of Hormuz is steadily recovering, potentially reducing Iran's geopolitical leverage as Tehran faces severe economic sanctions and a US naval blockade.
From Abraham Accords to Aviation Boom: How Dubai Became a Top Destination for Israeli Travelers
Driven by the 2020 Abraham Accords, Dubai has become a premier international destination for Israeli travelers, with millions flying between Tel Aviv and Dubai annually.
Abu Marawat Gold Mines Set to Launch Production by Next Year Amid Sector Growth
Abu Marawat Gold Mines announced it is preparing to begin production by next year, with actual output scheduled for 2027, driven by streamlined processes in Egypt's mining sector.