Friday, October 2, 2026
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Friday, October 2, 2026

Business

EU and UAE Expand Partnership in Trade, AI, Climate, and Security

Business
The European Union has underscored its expanding partnership with the United Arab Emirates, emphasizing a broad spectrum of cooperation that now includes trade, investment, climate change, artificial intelligence, technology, and security. According to a statement from...

Supply Worries Subside, Dropping Oil Prices from Saudi Disruption Concerns

Business
Oil prices have taken a dip as concerns over disruptions in Saudi Arabia's crude supplies have lessened, easing tensions over the ongoing conflict in the Middle East. Brent crude prices fell by 0.84%, reaching $103.94 per...

South Korea, UAE Engage in Talks to Boost Bilateral Cooperation

Business
South Korean President Lee Jae Myung and Abu Dhabi's Executive Affairs Authority Chairman Khaldoon Khalifa Al Mubarak held discussions on Friday at Cheong Wa...

Germany and UAE Expand Strategic Partnership with Strengthened Ties

Business
The visit of UAE President Sheikh Mohamed bin Zayed Al Nahyan to Germany underscores the growing strategic alliance between the two nations, which has...

UAE Pursues New Energy Paths to Safeguard Exports in Iran Tensions

Business
The United Arab Emirates is actively seeking alternative routes for its energy exports and trade to lessen its reliance on the Strait of Hormuz,...

Sheikh Khaled Evaluates ADNOC’s Initiatives for Securing Stable Energy Supplies

Business
As global energy markets continue to face uncertainty, Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed has underscored the pivotal role of the Abu...

Arab Trading Volume Jumps 28.8% in July; Transaction Values Fall.

Business
In July, Arab stock markets witnessed a substantial surge in trading activity, with the volume of shares traded rising by 28.82% compared to June,...

US Implements Stricter Iran Sanctions, Causing Over 3% Drop in Oil Prices

Business
Oil prices experienced a significant drop of over 3% on Tuesday, hitting their lowest point in a week as investors evaluated the potential consequences...

China Denounces U.S. Sanctions Threat Amid Iran Trade Dispute

Business
China has firmly dismissed the United States' recent warnings of imposing secondary sanctions on entities that persist in trading with Iran, asserting its right...

Trump Intensifies Trade Conflict, Canadian Tariffs Now Enforced

Business
U.S. President Donald Trump has launched a fresh wave of criticism at Canada following the collapse of trade negotiations, escalating tensions between the two...

US Imposes 100% Tariffs on Drone Imports, Citing Security Risks

Business
The United States is set to implement significant tariffs on drone imports, aiming to bolster national security and reduce dependency on foreign supply chains,...

Iran Conflict Risks Inflating Costs, Endangering Wall Street’s Bull Market

Business
The ongoing conflict in Iran is exerting new inflationary pressures on the United States by elevating energy costs and disrupting global supply chains. This...

US-Iran Tensions Escalate, Boosting Oil Prices Over Strait of Hormuz Fears

Business
Oil prices fell on Friday but managed to secure substantial gains over the week amid escalating military tensions between the United States and Iran....

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...
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