Oil Surges Back Above $90 as U.S.-Iran Tensions Reignite
31 Aug 2026Oil prices have climbed sharply again as renewed fighting between the United States and Iran raises fresh concerns about the safety of shipments through the Strait of Hormuz....
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Hyundai Accelerates U.S. Expansion After Years of Strong Market Growth
27 Aug 2026Hyundai Motor Group is strengthening its position in the United States after years of rapid growth, with the South Korean automotive giant planning greater local production, a broader vehicle portfoli...
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Dubai International Passenger Traffic Falls 31% in H1 as Recovery Gains Momentum
26 Aug 2026Dubai International Airport recorded 31.5 million passengers in the first half of 2026, down 31.3% from a year earlier, as regional airspace disruption weighed heavily on flight schedules before traff...
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Türkiye’s Exports to OIC Countries Reach $41.5 Billion in First Seven Months of 2026
25 Aug 2026Türkiye’s exports to members of the Organisation of Islamic Cooperation (OIC) reached $41.5 billion in the first seven months of 2026, as the country continued efforts to strengthen commercial ties wi...
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Egypt, UAE Explore Wider Oil and Gas Drilling Partnership
24 Aug 2026Egypt and the United Arab Emirates are exploring deeper cooperation in oil and gas drilling as Cairo moves ahead with plans to increase domestic production through a broader programme of onshore and o...
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Former JPMorgan Executive Matt Zames Joins Social Security Agency as Advisor
22 Aug 2026Former JPMorgan Chase executive Matt Zames is set to join the U.S. Social Security Administration in an unpaid advisory role, according to people familiar with the appointment....
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U.S. Treasury Bond Buybacks Offer Short-Term Relief as Debt Concerns Grow
21 Aug 2026The U.S. Treasury’s decision to expand purchases of longer-term government bonds may ease pressure in the bond market temporarily, but analysts warn it does little to solve America’s broader debt prob...
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Jaywan Payment Network Expands Across UAE Airlines, Retail and E-Commerce
20 Aug 2026The UAE’s domestic payment network, Jaywan, is gaining wider acceptance as airlines, shopping destinations and online retailers begin integrating the card into their payment systems....
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UniCredit Moves Closer to Commerzbank Control as German Resistance Softens
19 Aug 2026Italian banking group UniCredit is moving closer to gaining control of Germany’s Commerzbank, as signs emerge that Berlin may be becoming more open to discussing the future of its remaining stake in t...
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Trump Orders Tariffs of Up to 100% on Imported Drones
17 Aug 2026US President Donald Trump has ordered sweeping new tariffs on imported drones and key components, with duties reaching as high as 100% for certain advanced systems as his administration seeks to reduc...
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ADNOC’s XRG Enters Venezuela With Stake in Loran Gas Project
14 Aug 2026ADNOC-backed investment company XRG has entered Venezuela’s energy sector after securing an interest in the offshore Loran gas licence, expanding its growing international natural gas portfolio into a...
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UAE Flight Update: India Travel Advisory and Regional Cancellations
13 Aug 2026Most flights across the UAE are operating normally on August 13, although selected services to Bahrain and Kuwait have faced cancellations, delays or schedule changes....
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UAE Steps Up Tax Enforcement, Seizes 8.45 Million Non-Compliant Excise Products
12 Aug 2026The UAE’s Federal Tax Authority (FTA) confiscated around 8.45 million non-compliant excise products during the first six months of 2026 as part of a nationwide campaign targeting tax violations, illic...
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Diesel Prices Surge as Refinery Attacks Tighten Global Fuel Supplies
11 Aug 2026Diesel prices have surged across the United States and Europe as attacks on major refineries, depleted inventories and continuing disruption to key energy shipping routes intensify concerns over globa...
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U.S. Turns Away 55 Commercial Ships as Hormuz Blockade Continues and Talks Stall
10 Aug 2026The United States has redirected 55 commercial vessels away from Iranian ports under its naval blockade, as negotiations over reopening the Strait of Hormuz remain stalled and tensions continue to dis...
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UAE and Syria Look to Expand Economic and Investment Partnership
08 Aug 2026The United Arab Emirates and Syria are looking to deepen their economic relationship, with senior officials from both countries discussing new avenues for trade, investment and private-sector cooperat...
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NBF Offers Up to 6.25% Interest as UAE Savers Seek Higher Returns
07 Aug 2026National Bank of Fujairah (NBF) is offering new personal banking customers the opportunity to earn interest of up to 6.25 per cent per annum on qualifying balances, as competition for deposits continu...
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Aramex Reports Record Q2 Revenue of Dh1.83 Billion as Profit Jumps Sevenfold
06 Aug 2026Aramex delivered its strongest quarterly revenue on record in the second quarter of 2026, supported by higher freight-forwarding demand and network flexibility that helped maintain customer shipments ...
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SpaceX Shares Slide as Heavy AI Spending Worries Wall Street
05 Aug 2026SpaceX shares fell sharply in after-hours trading on Tuesday after the company reported significantly higher-than-expected spending on artificial intelligence infrastructure, raising concerns about co...
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Oil Prices Slide as OPEC+ Raises Output and Middle East Tensions Ease
04 Aug 2026Global oil prices fell sharply on Monday after OPEC+ approved a production increase for September and renewed diplomatic signals between the United States and Iran reduced fears of major supply disrup...
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