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Fareed Rahman

Fareed Rahman

Journalist
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Fareed is a senior business reporter at The National and worked in India, the UAE and the US. He has interviewed a number of top executives from energy, real estate and defence industry as well as visiting dignitaries and heads of states.

Articles

Traders work on the floor of the New York Stock Exchange on Friday as the Dow surged by more than 450 points on Friday to a record high. Getty Images/AFP
Global stocks rise on interest rate cut hopes and US-China trade talks

Three major indexes in the US close at all-time highs

EconomyOctober 25, 2025
Pakistan's Investment Minister Qaiser Ahmed Sheikh has been on a visit to the UAE. Chris Whiteoak / The National
Pakistan expects more UAE investments as economy stabilises, minister says

Discussions are continuing on privatisation of Pakistan International Airlines and Islamabad airport

BusinessOctober 24, 2025
The oil terminal in Saint Petersburg, Russia. US President Donald Trump announced new sanctions on Rosneft and Lukoil, Russia's two largest oil companies. AFP
Oil posts biggest weekly gain since June after US sanctions on Russian producers

Weak demand still expected to moderate increases in crude prices, analysts say

EnergyOctober 24, 2025
How the Damac Hills project in Baghdad will look once completed. Photo: Damac Properties
Damac expands into Iraq with launch of luxury residential project in Baghdad

Phase one of development in Iraqi capital will comprise three residential clusters

PropertyOctober 23, 2025
Abu Dhabi’s Mubadala Investment Company continues to boost its investments around the world. Victor Besa / The National
Abu Dhabi’s Mubadala completes Loscam deal with a 30% stake

The transaction marks the company’s first co-control investment in Asia’s industrial sector

EconomyOctober 22, 2025
Abu Dhabi property deals surged by 42 per cent in the first half of 2025. Bloomberg
Abu Dhabi’s economy to grow by 6% this year on oil output boost, IMF says

Strong performance of real estate sector also expected to support progress

EconomyOctober 22, 2025
Damaged buildings in the Midan neighbourhood of Aleppo, Syria. AP
World Bank puts Syria's postwar reconstruction cost at $216bn

Repairing infrastructure and buildings expected to cost $108bn

EconomyOctober 21, 2025
Goldman Sachs has had a presence in Riyadh since 2008. Getty Images
Goldman Sachs to offer wealth management in Saudi Arabia

Move comes as more wealthy people flock to region amid continued economic growth

EconomyOctober 21, 2025
An Adnoc L&S crude carrier. The company is setting up a 'first-of-its-kind dedicated chemicals port'. Photo: Adnoc
Adnoc L&S signs $300 million deal to set up chemicals port in Ruwais

The port is projected to generate $1.3bn in revenue for Adnoc unit over 27 years

EnergyOctober 09, 2025
A design of one of the projects being built by Mira Developments in Ras Al Khaimah. Mira Developments
Developer plans $15bn 'full-scale small city' between Abu Dhabi and Dubai

New project by Mira Developments to have 14,000 apartments, 1,700 villas, schools, hotels and a mall along Abu Dhabi-Dubai motorway

PropertyOctober 08, 2025
Palestinian sellers display their goods near the rubble after the Israeli army demolished 16 shops at the produce market in Beita village south of Nablus in the occupied West Bank. AFP
What will Israel's continuing control mean for the Palestinian economy?

Occupied West Bank also bearing brunt of Gaza war, with economy contracting most in more than 50 years, recent report says

EconomyOctober 07, 2025
Opec+ continues to boost production to regain market share. Reuters
Opec+ agrees another oil output hike for November

The group will add 137,000 barrels a day to the market despite glut concerns

EnergyOctober 05, 2025
Rosneft's Russian-flagged crude oil tanker Vladimir Monomakh crosses the Bosphorus in Istanbul, Turkey. US President Donald Trump is piling pressure on countries to stop buying Russian oil. Reuters
Oil glut ‘exaggerated’ as Opec+ prepares for another output increase

The supergroup of producers is preparing to boost production for November at its Sunday meeting, for the eighth consecutive month

EnergyOctober 02, 2025
Sharjah National Oil Corporation and its Italian partner Eni announced the discovery of Mahani gasfield in 2020. Photo: Sharjah Government Media Bureau
InterviewSharjah National Oil Corporation 'hopeful' of discovering more gas reserves

Company also aims to expand exploration activity outside the UAE amid new opportunities, CEO says

EnergyOctober 01, 2025
Displaced Palestinians flee south from Gaza city under an Israeli eviction order. Reuters
Trump plan sets Gaza economic zone without sovereignty

Proposal includes incentives while Palestinians remain dependent on Israel

EconomyOctober 01, 2025
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