Friday, July 3, 2026
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Friday, July 3, 2026

Business

Breaking: UAE Reduces July Fuel Prices Amid Stabilized Oil Markets Post-Gulf Tensions

Business
The United Arab Emirates has introduced a substantial reduction in fuel prices for the month of July, offering a reprieve to drivers after enduring several months of escalating costs due to previous disruptions in the global...

Trump Threatens EU with Total Tariffs in Digital Tax Conflict

Business
President Donald Trump has issued a warning to European nations considering the implementation of digital services taxes targeting American tech giants, threatening a 100% import tariff on their goods. If these countries proceed with such taxes,...

Rubio Discusses $300 Billion Iran Fund Concerns with Gulf Allies

Business
US Secretary of State Marco Rubio has initiated discussions with Gulf nations concerning a proposed $300 billion Iran reconstruction fund. The talks, taking place...

New Logistics Corridor Reduces Sharjah-Oman Cargo Transit to 35 Days

Business
Sharjah has unveiled a new logistics corridor with Oman, dramatically slashing cargo transit times from nearly three months to just 35 days. This strategic...

Midar and Majid Al Futtaim Unveil $3.1 Billion New Cairo Development

Business
Majid Al Futtaim, a company based in Dubai, has formed a strategic alliance with Egypt’s Midar Investment and Urban Development Company to embark on...

Abu Dhabi Calls for Oil Loading Resumption at Gulf Ports After Deal

Business
The Abu Dhabi National Oil Company (ADNOC) has announced that its customers can once again load crude oil shipments from its ports at Das...

UAE, Eswatini Sign Visa-Free Travel Pact to Boost Relations

Business
The United Arab Emirates and Eswatini have reached a significant milestone by signing a new agreement that allows for visa-free travel between the two...

UAE Plans New Oil Pipeline to Bypass Strait of Hormuz by 2027

Business
The United Arab Emirates has unveiled plans to complete a new oil pipeline bypassing the Strait of Hormuz by next year, a strategic move...

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