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Economy
Smoke rises following a strike on the Bapco Oil Refinery on Sitra Island, Bahrain. Reuters

IMF expects Iran war to weigh on Gulf economic growth

Fund says most Gulf countries have undertaken efforts to enhance resilience

Economy

Markets fall as Iran war escalates and rising oil and gas prices stoke fears

Attacks on Gulf energy sites push crisis into new phase as supply risks worsen

UAE denounces 'false reports' of investors blocked from withdrawing funds

US Fed holds rates steady on Iran war uncertainty

Dubai's Arabian Travel Market rescheduled to August

Iraq faces polycrisis as Iran war grinds its oil exports to a halt



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    Unspoken rules of the modern playdate, from planning to pick up

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    Lionel Messi joins Cristiano Ronaldo in 900-goal club

  • Abdulla bin Touq, Minister of Economy and Tourism, visited the Carrefour distribution centre on Wednesday. Photo: Wam

    Minister of Economy says UAE has robust food supply on Carrefour tour

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  • Bitchat Mesh is providing valuable communication in countries such as Iran, where 99 per cent of the population has been blocked from internet access.

    Offline apps such as Bitchat offer alternatives as Iran war affects internet in Gulf

  • The 2025 Arabian Travel Market attracted more than 55,000 travel professionals. Chris Whiteoak / The National

    Dubai's Arabian Travel Market rescheduled to August


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A coil of copper rod at the Wellascent factory in Ganzhou, Jiangxi province, China. Reuters
Play

Iran war exposes fragilities in global critical minerals supply chain

Disruptions in Strait of Hormuz come as Washington continues to stockpile minerals used for defence systems and advanced technologies

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Majid Al Futtaim reports 41% profit rise as revenue climbs

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A more hawkish or dovish posture by Fed Chair Jerome Powell during his post-meeting news conference will be closely monitored by Wall Street. Bloomberg

Iran war brings new danger to Federal Reserve's high-wire act

Economy

Inflation fears over Iran war hit stock markets as investors prepare for Fed meeting

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Shipping containers at Umm Qasr Port in Basra, Iraq. Maritime trade has been disrupted by the effective closure of the Strait of Hormuz. AFP

Energy supply chain and inflation fears grow after two weeks of war

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Judge blocks subpoenas in US Fed chief criminal probe

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Fertiliser supply at risk amid Strait of Hormuz blockade

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Shipping costs set to rise as companies halt cargo through Arabian Gulf

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Egypt raises fuel prices up to 30% as Iran war pushes up oil

Business



The UAE’s general government debt is 'very low', estimated at about 27 per cent of GDP this year, S&P said. AFP

UAE maintains strong credit rating despite regional war

Ratings agency also affirmed the emirate of Abu Dhabi's strong rating

Business

Iran's strike on desalination plant brings Gulf water security into focus

Energy

One week of Iran war: Global economy feels the heat with energy and aviation hit

Business

First 100 hours of strikes in Iran cost US $3.7bn, report says

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UAE and Japan conclude trade deal negotiations to deepen economic ties

Economy

Iran's struggling economy 'unlikely to cope' with weight of war

Economy

UAE non-oil private sector growth hits 12-month high in February

Economy



US Federal Reserve research on the effects of President Donald Trump's tariffs has angered the White House. Reuters

New York Fed president defends controversial tariff research

John Williams says tariff costs fall 'overwhelmingly' on US consumers and businesses

Economy

Senior US Fed official says it's too soon to assess Iran war impact

Economy

Hormuz escalation roils global shipping with war levies and insurance cover cuts

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Egypt's economy in crisis as financial turmoil grips region

Economy

Debt pressures cast shadow over Egypt’s economy in crossroads year

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ExclusiveAbu Dhabi Ship Building expects surge in military orders

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Egypt unlocks $2.3bn in funding after IMF completes review

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About $28 billion of Egypt's debt must be repaid in the first quarter of 2026. AP

Debt pressures cast shadow over Egypt’s economy in crossroads year

With the IMF set to end its mission, economists warn that maintaining fiscal discipline is vital

Economy

ExclusiveAbu Dhabi Ship Building expects surge in military orders

Economy

Egypt unlocks $2.3bn in funding after IMF completes review

Economy

Can a smarter tax policy unlock Mena region's growth potential?

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