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Sarmad Khan

Sarmad Khan

Company & Markets Editor
Location
Abu Dhabi
Sarmad is the Company & Markets Editor of The National, with more than 25 years of experience working in Pakistan and the UAE. Over the years, Sarmad has reported on global and regional economic developments, equity markets, banking, energy, finance, property and technology sectors. He has interviewed key policymakers, central bank governors and global and regional executives including Mubadala's Khaldoon Al Mubarak, Siemens’ Joe Kaeser, Emaar's Mohamed Alabbar, DP World's Sultan bin Sulayem, Franklin Templeton's Mark Mobius and Tadawul’s Khalid Al Hussan among others.

Articles

Traffic through the Strait of Hormuz, a vital shipping route for the region's oil and gas, has largely been blocked since the outbreak of war on February 28. Getty Images
Saudi economy shrinks most since Covid as Iran war hits oil exports

Oil sector's 24.7 per cent plunge drives April-June contraction

EconomyJuly 30, 2026
Adnoc Drilling has rapidly expanded its operational rig fleet to boost growth. Photo: Adnoc
Adnoc Drilling exploring regional opportunities including Syria to expand its footprint

Abu Dhabi listed company delivers record second-quarter profit as operations continue despite war

EnergyJuly 30, 2026
Tankers sail in the Gulf of Oman. Iranian and Houthi attacks on ships on key regional maritime routes have risen in recent weeks. AFP
Oil jumps 7% after Iran strikes US forces and Saudi Arabia hits Iraq

Iran's IRGC says its naval forces hit three oil tankers in Strait of Hormuz

EnergyJuly 29, 2026
The aggregate number of companies operating in the Dubai financial hub has crossed the 10,000 mark. Chris Whiteoak / The National
DIFC posts record performance in first half of year despite war uncertainty

Dubai financial hub continues to attract global banks, hedge funds and wealth and asset managers

EconomyJuly 28, 2026
Iranian-made Zolfaghar missiles at Azadi Square in Tehran on July 24, even as the US and Iran have stopped the latest round of strikes. AFP
Play02:20
Oil plunges below $90 on pause in US-Iran hostilities despite Houthi threats

Brent crude has slumped by more than 9% on hopes of a negotiated peace in the region

EnergyJuly 27, 2026
A satellite image of Bab Al Mandeb strait, a key shipping waterway and gateway to the Red Sea. Reuters
Play02:10
Oil hits $100 for first time since May after Houthi attacks on Saudi ships

US attacks on Iranian targets continued for 12th straight night with no sign of let-up in the conflict

EnergyJuly 23, 2026
US forces have bombed targets in Iran for 11 straight nights. AFP
Oil prices hit six-week high on Hormuz and Red Sea supply disruption fears

US President Trump plays down prospect of peace talks with Tehran and threatens to blow up Iranian nuclear sites

EnergyJuly 22, 2026
Mark Nelson, second left, vice chairman of Chevron, and Ali Al Zaidi, second right, Iraq's Prime Minister, after a meeting in Houston, Texas. Chevron is among the US oil firms to have signed deals with Iraq. Bloomberg
Iraq secures energy deals worth $200bn during Prime Minister's US visit

Oil Ministry engaged in 'constructive talks' with Opec over increasing production quota

EnergyJuly 22, 2026
The UAE has signed several Cepas this year, including with Sierra Leone in February. President Sheikh Mohamed bin Zayed and Julius Maada Bio, President of Sierra Leone, witness the exchange. Photo: Ryan Carter / UAE Presidential Court
UAE set to conclude up to seven Cepas by end of year, Dr Thani Al Zeyoudi says

Country has signed 37 Cepas so far, with 18 of those already in force

EconomyJuly 21, 2026
ADGM-headquartered Mubdala Capital says it is investing to support Pierre et Vacances' next phase of growth. Victor Besa / The National
Mubadala Capital signs pact to buy French hospitality firm Pierre et Vacances

Abu Dhabi company offers to acquire outstanding shares in all-cash offer

MarketsJuly 20, 2026
A rare earth metals mine in China's Jiangxi province. The government has tightened controls on the rare materials it considers critical to its rapid economic development.
China's rare earth export curbs may hit $6.5tn in global production

IEA chief says Beijing years ahead in critical minerals race

EconomyJuly 16, 2026
Revolut plans to launch a full suite of services for clients in the UAE. Bloomberg
Revolut receives Vara approval to offer crypto services in the UAE

Company will offer broker-dealer, management and investment options

MoneyJuly 15, 2026
Iran declared the Strait of Hormuz closed this week after its fragile truce with the US fell apart. Getty Images
Oil prices set to trade around $80 range, with Hormuz toll 'not a factor'

Prices may taper to $70 bpd but unlikely to hit $60 bpd seen at start of year

EnergyJuly 14, 2026
Traffic through the Strait of Hormuz has reduced to a trickle after the latest exchange of strikes between the US and Iran. Reuters
Oil prices post weekly gain as renewed US-Iran hostilities drive volatility

Exchange of attacks brings traffic through Strait of Hormuz to near halt

EnergyJuly 10, 2026
The US launched strikes on Iran on Wednesday in retaliation for attacks on shipping. AFP
Oil prices rise as US-Iran strikes reignite supply disruption fears

Analysts say there is limited upside potential as market has become 'accustomed to tension and disruptions'

EnergyJuly 09, 2026
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