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Fareed Rahman

Fareed Rahman

Journalist
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

Interview with Eric Trump, Executive Vice President of The Trump Organization. Jumeirah Emirates Towers, Dubai. Chris Whiteoak / The National
Trump's $1 billion Dubai Tower project to accept crypto payments

Dubai 'has become the epicentre - so many people want to put money here,' Eric Trump tells The National

BusinessApril 29, 2025
Iranian and US officials during the second round of indirect talk in Rome, Italy on April 19, 2025. Positive talks between the US and Iran over Tehran’s nuclear programme are impacting oil prices. EPA
Oil prices record weekly loss on oversupply concerns

Demand worries amid continued trade tensions are also weighing on prices

EnergyApril 25, 2025
Saudi Arabia's Crown Prince Mohammed bin Salman has told President Donald Trump the kingdom plans a $600 billion boost in trade and investment with the US. AFP
All eyes on trade and peace prospects when Trump visits Gulf

Middle East has changed since Trump's first presidential visit in 2017 – but he still wants the Gulf onside

MENAApril 24, 2025
A worker walks past infrastructure on D Island, the main processing hub, at the Kashagan offshore oil field in the Caspian sea in western Kazakhstan August 21, 2013. After costing nearly $50 billion, mostly paid by some of the world's top oil companies, Kashagan may now be delayed until 2015, jeopardising a forecast budget boost for Kazakhstan of $28 billion - about a third - between 2014 and 2016. Picture taken August 21, 2013. To match Insight KAZAKHSTAN-KASHAGAN/INSIGHT REUTERS/Stringer (KAZAKHSTAN - Tags: ENERGY BUSINESS ENVIRONMENT)
Why are oil prices so volatile and where are they heading?

Trade war leads to concerns of reduced demand

EnergyApril 24, 2025
US sanctions on Seyed Emamjomeh are aimed at Washington's broader goal of bringing Tehran to account for its 'destabilising' activities. Reuters
Iranian oil 'magnate' faces more US sanctions

The 'magnate' reportedly operated a network of companies to help Tehran ship oil and gas into world markets

EnergyApril 23, 2025
Demand for luxury homes remains strong in Dubai. Antonie Robertson / The National
Ultra-rich drive Dubai's $10m home sales to record in first quarter

Palm Jumeirah remained the top destination

PropertyApril 22, 2025
Food and beverage costs fell in Dubai last month. Victor Besa / The National
Dubai inflation eases in March on lower transport and food costs

Emirates NBD projects softer headline inflation in coming months on lower global oil prices

EconomyApril 22, 2025
Adnoc's headquarters in Abu Dhabi. The company has agreed to a 15-year contract with a unit of ENN Natural Gas in China. Victor Besa / The National
Adnoc signs UAE's largest LNG supply agreement with China

Adnoc will supply up to one million tonnes of liquefied natural gas annually to ENN Natural Gas

BusinessApril 21, 2025
Oil posted a weekly gain last week on hopes of a potential trade deal between the US and the EU and new sanctions on Iran's oil exports. Getty Images via AFP
Oil prices fall amid progress in Iran talks and US tariff concerns

Talks between Iran and the US on Tehran's nuclear programme are gaining momentum

EnergyApril 21, 2025
The UAE contributed 41.4 per cent of the Middle East’s total merchandise exports in 2024. Photo: UAE Government Media Office
UAE foreign trade hits $1.42 trillion in 2024 despite global uncertainties

The UAE's trade surplus touched $134 billion last year. The Arab world's second-largest economy prioritised openness, connectivity and free flow of trade

EconomyApril 20, 2025
The contract involves advanced engineering and technical support. Photo: Adnoc Drilling
Adnoc Drilling awarded $1.63 billion five-year contract

Integrated drilling services deal with Adnoc Offshore will support market expansion

EnergyApril 17, 2025
A bank customer holds a placard reading 'The new president's priority must be depositors' savings' during a demonstration in downtown Beirut. EPA
Lebanon's bank customers won't see the $93 billion they're owed 'any time soon'

Customer funds remain frozen with lenders after the country’s economy collapsed in 2019

BusinessApril 16, 2025
Ajman recorded real estate deals worth Dh20.5 billion in 2024. Khushnum Bhandari / The National
Ajman issues new law to attract more investment in property sector

Legislation also aims to protect the rights of investors and boost transparency

PropertyApril 04, 2025
US President Donald Trump revealing the reciprocal tariffs during an event at the White House in Washington this week. AFP
Middle East companies prepare for limited direct hit from new US tariffs

Businesses across sectors seek clarity as they make contingency plans to mitigate potential impact and adapt to new global trade norms

EconomyApril 03, 2025
The Port of Los Angeles. The new tariffs are likely to cause a global trade war that threatens to stoke inflation and stall economic growth. EPA
Donald Trump’s sweeping tariffs explained

All you need to know about President's move to impose higher-than-expected duties on all US trading partners

EconomyApril 03, 2025
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