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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

US President Donald Trump announces a trade agreement between the US and the UK in the Oval Office. EPA
Oil prices edge higher with US and China set to hold talks

US and UK trade deal also supports oil markets

May 09, 2025
The UAE is pursuing Cepas to boost trade with its partners globally, said Dr Sultan Al Jaber, Minister of Industry and Advanced Technology. Antonie Robertson/The National
UAE industrial exports surge to $53.6bn on local manufacturing boost

Country well-positioned to become a global destination for investment, Dr Sultan Al Jaber says

May 08, 2025
The Opec+ group of producers on Saturday said it would add 411,000 barrels a day to the market next month. AFP
Oil rebounds after dropping on Opec+ supply boost

Outlook for oil remains negative as Trump tariffs dampen demand prospects

May 06, 2025
Abu Dhabi has established a strong economic relationship with Japan. Victor Besa / The National
Abu Dhabi to deepen co-operation with Japan in clean energy, hydrogen and AI

Top executives from the emirate are in Tokyo this week to attend the inaugural Abu Dhabi Investment Forum

May 05, 2025
Dubai's property market is booming amid high demand from buyers. Chris Whiteoak / The National
Dubai Holding to list its residential Reit on DFM

The company is offering 1.625 billion units as part of the IPO on Dubai bourse

May 05, 2025
Chemicals firm Sabic has reported poor earnings for the past six months on higher prices from the oil firms it buys feedstock from. Reuters
Sabic posts Q1 loss on higher expenses and feedstock prices

Company reported a loss of $320 million, its second straight quarterly drop in earnings

May 04, 2025
US Treasury Secretary Scott Bessent and Ukrainian First Deputy Prime Minister and Economy Minister Yulia Svyrydenko after signing the mineral deal in Washington. Reuters
US-Ukraine minerals deal explained

Kyiv needs reconstruction funds, while Washington is keen to expand critical mineral sources

May 01, 2025
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

April 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

April 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

April 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

April 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

April 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

April 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

April 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

April 21, 2025