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Economy

Read UAE and international business news with latest updates on economic trends, including growth, inflation and financial markets

Sharara is one of Libya’s largest fields and is key for transporting crude for domestic supply and for export in global markets. Reuters

Losses at Libya's NOC hit $95m as Zawiya refinery shuts down

EnergySeptember 26, 2026

XRG has been increasing its portfolio of investments around the world and plans to double its asset value over the next decade. Getty Images

Adnoc's XRG prepares for next phase of Azerbaijan gas development

EnergySeptember 26, 2026

Ships wait off the coast of Oman, near the Strait of Hormuz. Muscat does not rely on the waterway for its exports. Getty Images

Oman's economy to grow 3.5% in 2026 on favourable trade logistics, S&P says

EconomySeptember 26, 2026

The broader Middle East and North Africa region is vulnerable in terms of its capacity to withstand future shocks, but the UAE's outlook is different

UAE 'has what it takes to withstand future shocks'

UAESeptember 25, 2026

Unicode says the UAE's dirham symbol has been approved for encoding, making it easier for device manufacturers to implement it. Image: Unicode

The dirham sign's digital debut is more than mere symbolism

EditorialSeptember 25, 2026

A sample of ultra-high-purity titanium used in aerospace and high-tech industries displayed at the National Museum in Beijing. Reuters

A test of metal: China’s rare-earth leverage looms over Trump-Xi talks

EnergySeptember 24, 2026

Abu Dhabi continues to attract international investors, boost competition and improve the ease of conducting business. Photo: Abu Dhabi Department of Economic Development

Abu Dhabi extends office-free period for entrepreneurs to cut business costs

EconomySeptember 24, 2026

The Strait of Hormuz will not be reopened until certain conditions are met, Iran has said. AFP

Oil nears $108 on fading US-Iran breakthrough and new strikes on Saudi Arabia

EnergySeptember 24, 2026

Visitors tour the ancient city of Bosra in southern Syria. The country is recording a sharp rise in visitor numbers as it seeks to rebuild its tourism industry after years of conflict and economic isolation. AFP

Syria visitor numbers more than double as international arrivals surge

BusinessSeptember 24, 2026

Members of Iran's Basij paramilitary force march in Tehran. The war is of a particular concern to economists. AFP

Middle East conflict is biggest threat to global economic outlook, WEF warns

EconomySeptember 22, 2026

Oman's Sohar port. The Sharjah-Oman trade corridor connects UAE companies to port facilities in Oman. Saleh Al Shaibany

Value of goods through Sharjah-Oman corridor jumps 66%

EconomySeptember 20, 2026

The First Iraqi Bank's growth has increasingly been driven by one of the simplest digital tools: QR payment. Photo: FIB

How Iraq’s first digital bank is reshaping cash-driven economy

MENASeptember 20, 2026

A wheat field in Shelbyville, Kentucky. Diesel is a crucial fuel for vehicles used in several heavy-duty industries, including agriculture. Reuters

Diesel's record US surge drives more uncertainty for heavy-duty fuel

EnergySeptember 19, 2026

A commercial ship off Yemen's western coast. Tensions in the Bab Al Mandeb strait remain high after renewed fighting between Saudi Arabia and the Houthis. AFP

Oil prices end above $100 for second straight week as tensions simmer

EnergySeptember 18, 2026

As the Acrtic Northern Sea Route opens up, huge new ships are likely to use it.

A thaw is coming to global shipping – but it’s not in Hormuz or Bab Al Mandeb

CommentSeptember 16, 2026

The US Treasury Department in Washington, DC. Bloomberg

Investors see surge in US Treasury yields emerging as new market risk

MarketsSeptember 15, 2026

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