Fareed Rahman
Fareed Rahman
Journalist


A printed circuit board factory in Jiujiang, China, where gross domestic product growth slowed to 4.7 per cent in the second quarter. AFP
Oil headed for third straight weekly loss on demand concerns in China

Markets remain focused on existing supply-demand dynamics, analysts says

July 26, 2024, 8:06 AM
People exchange banknotes before crossing into Yemen's government-controlled areas, at a road in the southern province of Lahj. EPA
Swift system restored in Houthi-held areas under Yemen de-escalation

Yemeni rebel group had threatened to retaliate against internationally recognised government if cut off from banking system

July 25, 2024, 1:17 PM
Dubai's key business districts, such as the Dubai International Financial Centre, continue to attract significant interest from companies seeking to establish their operations. Chris Whiteoak / The National
Demand for UAE office space hits highest level since 2014

Dubai's top business districts, including Jumeirah Lakes Towers, DIFC, Business Bay and Downtown, attract interest from companies

July 25, 2024, 3:00 AM
Dubai's economy posted 3.3 per cent growth last year as its non-oil sectors expanded. Bloomberg
Dubai’s economy grows 3.2% in first quarter on non-oil sector boost

Emirate added $31.3bn to its GDP during the period, with transport and financial sectors expanding

July 23, 2024, 1:04 PM
Travellers wait at Detroit airport amid the disruption caused by the global IT outage. The aviation industry was hit hard by the incident. Getty Images
Global IT outage: Who will foot the bill as insurance claims rise?

Travel insurance claims expected to go up after flights were cancelled or delayed during CrowdStrike incident, analysts say

July 23, 2024, 4:00 AM
China is the UAE’s leading trade partner with non-oil bilateral trade worth Dh264.2 billion ($72 billion) in 2022. Pawan Singh / The National
UAE and China sign agreement to boost air connectivity

Broader civil aviation sector co-operation will further strengthen trade and investment ties between the two countries

July 21, 2024, 5:25 PM
Passenger traffic at Zayed International Airport surged by 36 per cent annually in the first quarter of 2024 to more than 6.8 million passengers. Hayley Skirka / The National
Abu Dhabi to roll out 'smart travel' at Zayed Airport without need for travel documents

The new project will simplify travel procedure using data from ICP to automatically authenticate travellers with the help of biometric technology

July 21, 2024, 2:41 PM
Saudi Arabia plans to lower the Saudi unemployment rate to 7 per cent and increase the participation of women in the workforce by 2030. Bloomberg
Saudi Arabia's move to nationalise engineering jobs aims to cut unemployment

Private sector companies will need to allocate 25% of engineering roles to Saudi citizens starting from Sunday

July 21, 2024, 11:58 AM
Several companies have listed their shares on the UAE bourses in the past two years. Chris Whiteoak / The National
Dubai’s Amanat Holdings to list its education platform

IPO momentum continues amid strong investor demand

July 18, 2024, 12:59 PM
The design for Dar Global's Trump villas project in Oman. The developer also has a Trump project in Saudi Arabia. Photo: Dar Global
New Trump Tower Dubai project planned by developer Dar Global

The project will feature a hotel, branded residential units and an exclusive members-only club

July 18, 2024, 9:48 AM
People walk on a pedestrian bridge with a screen showing stock exchange data in Shanghai. Saudi Arabia and China continue to strengthen economic ties. EPA
ETFs tracking Saudi stocks soar after listing on Chinese bourses

The funds rose by 10 per cent to reach the daily limit amid growing appetite from investors in China

July 17, 2024, 11:50 AM
Republican presidential candidate former president Donald Trump is helped off the stage by US Secret Service agents at a campaign event in Butler, Pennsylvania, on Saturday, July 13, 2024.  AP
Donald Trump assassination attempt sees short-term market shifts

The world's largest cryptocurrency trades above $60,000 as chances of Trump becoming president increase after the incident

July 14, 2024, 12:01 PM
Property prices continue to rise in Dubai as more people buy homes. Bloomberg
Demand for branded residences remains strong amid Dubai property boom

Branded residences are transacted at an average price of $1,769 per square foot in the emirate, analysts say

July 06, 2024, 4:00 AM
An oilfield in Midland, Texas. Global oil demand is expected to hit 104.5 million barrels a day this year. Reuters
Oil makes weekly gain on strong demand outlook

Brent closed above $82 a barrel on Friday

June 14, 2024, 1:53 PM
Bhadla Solar Park in Rajasthan, north-west India. By 2030, emerging and developing economies will require $2.4 trillion a year to address climate change. AFP
Alterra teams up with Brookfield for $5bn climate finance fund

Alterra will anchor the emerging markets-focused climate fund with $1 billion commitment

June 14, 2024, 8:35 AM