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Fareed Rahman

Fareed Rahman

Journalist
Location
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

Some vessels are transiting the Strait of Hormuz by switching off their transponders to avoid being detected. Reuters
Strait of Hormuz vessel traffic remains thin amid Middle East tensions

Only 14 vessels transited the strait over the weekend, down from 36 during the previous weekend, Kpler data shows

EnergySeptember 21, 2026
UK Prime Minister Andy Burnham sits inside a McLaren W1 during a visit to the car maker's site in Woking with McLaren Group chief executive Nick Collins. Reuters
Abu Dhabi investment to help McLaren build next-gen SUV

British car maker to expand manufacturing with larger investment commitment from L’imad

MarketsSeptember 16, 2026
Abu Dhabi, UAE – 15 September 2026: XRG today announced the completion of its acquisition of an equity stake in Southern Gas Corridor CJSC (SGC) from the Ministry of Economy of the Republic of Azerbaijan, following the satisfaction of all conditions precedent and receipt of customary regulatory approvals. The completion represents a major milestone in XRG’s strategy to build an integrated and resilient gas position across the Caspian region. By combining participation in strategic export infrastructure with upstream investments in Azerbaijan’s Absheron gas and condensate field and Turkmenistan’s offshore Block I concession, XRG is helping connect high-quality Caspian resources with established routes to growing regional and European markets.
UAE to boost investments in Central Asia amid strengthening of Azerbaijan ties

L'imad and Azerbaijan state-owned group to pursue joint projects in critical minerals, industry, energy, urban and transport infrastructure

EnergySeptember 15, 2026
Buildings in Al Reem Island, Abu Dhabi. Real estate transactions in the emirate rose 112 per cent year-on-year in the first half of 2026. Khushnum Bhandari / The National
Abu Dhabi's new off-plan mortgage framework expected to support property market

New regulation by Adrec expected to help increase transactions and widen source markets

PropertySeptember 13, 2026
The Trump Organisation and Dar Global are developing the $1 billion Trump Tower in Dubai. Photo: Dar Global
Seven projects, four countries: Mapping Trump’s Gulf property empire

The Trump Organisation has six developments worth billions of dollars under way across Saudi Arabia, the UAE, Oman and Qatar in partnership with Dar Global

PropertySeptember 13, 2026
Graffiti in Sanaa depicts a Houthi fighter stopping a ship off the coast of Yemen. EPA
Ship traffic in Bab Al Mandeb strait halves as Houthis seize control of key island

Perim, in heart of waterway, is important to monitoring movement of vessels

EnergySeptember 12, 2026
Fertiglobe, the world’s largest seaborne exporter of urea and ammonia, is boosting collaboration with German companies. Photo: Fertiglobe
Fertiglobe and German firms to explore collaboration on ammonia supply chain

Abu Dhabi company to supply ammonia through an import terminal to be built and operated by MB Energy in Hamburg

EnergySeptember 11, 2026
Ship traffic through the Strait of Hormuz remains low amid renewed US-Iran strikes. AFP
Oil prices end week above $100 after Houthi seizures in Yemen

Closure of Saudi Arabia's East-West pipeline adds upward pressure on oil prices

EnergySeptember 11, 2026
Ships wait in the Strait of Hormuz, which has been effectively closed by Iran, sparking oil supply concerns. AFP
Oil prices hit $105 per barrel as Houthis seize key Red Sea port

Capture of Mokha, overlooking Bab Al Mandeb strait, has rattled oil markets, analysts say

EnergySeptember 10, 2026
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran. Reuters
Bab Al Mandeb and Hormuz ship transits plunge as war intensifies

Houthi militants seize key Red Sea port city in Yemen near shipping route

EnergySeptember 10, 2026
A rendering of Dubai Holding’s new headquarters, centre, and Jumeirah Residences Emirates Towers, right. Photo: Dubai Holding
Dubai Holding to construct Dh5 billion headquarters near Emirates Towers

Chinese firm to build Dubai Holding headquarters and Jumeirah Residences Emirates Towers

PropertySeptember 09, 2026
Azizi Florence in Sharjah will include 1,130 villas, more than 6,000 town houses and 3,500 apartments. Photo: Azizi Development
Dubai’s Azizi Developments enters Sharjah with Dh30 billion project

Three-bedroom town houses at Azizi Florence priced from Dh1.89 million

PropertySeptember 09, 2026
Majid Al Futtaim is the largest operator of shopping malls in the Middle East and also has property developments. Photo: Majid Al Futtaim
Majid Al Futtaim expects strong 2026 performance as first-half profit jumps 25%

Group's net operating profit after tax for six-month period reaches $490 million

EconomySeptember 09, 2026
Opec+ last month opted to increase output by 188,000 bpd for September. AFP
Opec+ keeps oil output policy unchanged for October amid Iran war uncertainty

Group is completing the unwinding of 1.65 million bpd of cuts this month

EnergySeptember 06, 2026
The Indian economy grew by 7.8 per cent in the quarter through June 2026, and is projected to grow by 7.1 per cent this year and by 6.5 per cent next year. Reuters
ExclusiveInvestcorp to boost investments in India with up to three deals a year

Exclusive: The alternative asset manager is targeting $50-$75 million per deal in the healthcare, industries and consumer sectors

EconomySeptember 05, 2026
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