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Thursday, July 16, 2026

Business

Market Reacts to US-Iran Tensions, Elevating Strait of Hormuz Oil Costs

Crude oil prices experienced a dip on Friday but...

UAE Reduces July Fuel Costs Amid Stable Oil Markets, Eased Gulf Tensions

In a move that offers a reprieve to motorists,...

U.S. Threatens Full Tariffs on EU Amid Digital Tax Conflict

US President Donald Trump has issued a stern warning...

$300 Billion Iran Fund Spurs Economic Worries Amid Gulf Talks with Rubio

US Secretary of State Marco Rubio has initiated discussions...

New Sharjah-Oman Corridor Cuts Cargo Transit to 35 Days, Boosts Trade

In a significant development aimed at boosting trade efficiencies, Sharjah has inaugurated a comprehensive logistics corridor with Oman, cutting down cargo transit times from nearly three months to a...

$3.1 Billion New Cairo Development Announced by Majid Al Futtaim, Midar

In a significant move to bolster Egypt's real estate landscape, Majid Al Futtaim, a prominent developer headquartered in Dubai, has entered into a strategic alliance with Egypt’s Midar Investment...

Abu Dhabi Encourages Oil Trade Resumption Post US-Iran Agreement via Gulf Ports

Abu Dhabi National Oil Company (ADNOC) has announced that it is resuming the loading of crude oil shipments from its key ports located on Das and Zirku islands in...

UAE-Eswatini Deal Boosts Economic Relations with Visa-Free Travel Initiative

The United Arab Emirates and Eswatini have reached a significant milestone in their diplomatic relations by signing a new agreement that allows visa-free travel between the two nations. This...

UAE’s New Pipeline to Boost Oil Export, Skirt Hormuz by 2027

The United Arab Emirates is set to enhance its oil export security by completing a new pipeline bypassing the Strait of Hormuz, with the project expected to be finished...

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UAE’s New Pipeline to Boost Oil Export, Skirt Hormuz by 2027

The United Arab Emirates is set to enhance its oil export security by completing a new pipeline bypassing the Strait of Hormuz, with the...

UAE-Eswatini Deal Boosts Economic Relations with Visa-Free Travel Initiative

The United Arab Emirates and Eswatini have reached a significant milestone in their diplomatic relations by signing a new agreement that allows visa-free travel...

New Sharjah-Oman Corridor Cuts Cargo Transit to 35 Days, Boosts Trade

In a significant development aimed at boosting trade efficiencies, Sharjah has inaugurated a comprehensive logistics corridor with Oman, cutting down cargo transit times from...

Abu Dhabi Encourages Oil Trade Resumption Post US-Iran Agreement via Gulf Ports

Abu Dhabi National Oil Company (ADNOC) has announced that it is resuming the loading of crude oil shipments from its key ports located on...

$3.1 Billion New Cairo Development Announced by Majid Al Futtaim, Midar

In a significant move to bolster Egypt's real estate landscape, Majid Al Futtaim, a prominent developer headquartered in Dubai, has entered into a strategic...