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Saudi Arabia's Finance Minister Mohammed Al Jadaan with US Fed Chairman Jerome Powell during this year's IMF and World Bank Spring Meetings in Washington. Reuters

Fed meeting: Iran war and Powell future add to uncertain outlook

UAE and US central banks likely to hold interest rates steady as inflation fears mount

Economy

UAE sets up Dh1bn fund to support industrial sector

US Justice Department drops criminal probe into Powell

Oil posts sharp 16% weekly gain amid simmering Strait of Hormuz tensions

Iran war puts Bahrain's flimsy fiscal buffers in spotlight

Water mismanagement is already damaging economic growth, World Bank warns

Ajman waives tourism-related fees as part of support programme



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A US Navy ship on patrol in the Strait of Hormuz. Photo: US Central Command

Brent oil back above $100 as future of US-Iran talks remains uncertain

Tension in Strait of Hormuz casts shadow over global market

Markets

Libya hits record output and approves first unified budget in 13 years

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Iran economy Gif

War pushes Iran’s economy to brink as two million jobs vanish

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Oil prices jump 5% amid uncertainty over US-Iran ceasefire

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Aqaba port. The project will create a 360km railway linking the site with the phosphate and potash production areas of Shidiya and Ghor Al-Safi. Khaled Yacoub Oweis / The National

CommentJordan lays tracks for growth with $2.3 billion rail project

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Syria hopes 'last milestone' to reconnect with global economy is within reach

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The war presents perils for China, but also a geopolitical opening. AFP

CommentIs the Iran war a strategic threat or an opportunity for China?

Beyond restatements of routine positions, Beijing has said and done little publicly

Energy

Moody's changes Bahrain and Iraq's outlook to negative over war fallout

Economy

It will take time for Gulf to boost energy production, Saudi minister says

Economy

How the Iran war is reshaping Gulf economies, unevenly

Economy

How Saudi Arabia is repositioning Neom as key logistics hub and economic anchor

Economy

Middle East faces one of sharpest downgrades since global financial crisis, IMF warns

Economy

Two global investors with almost $700bn in assets set up base in ADGM

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The Al Dhafrah solar park is seen in Abu Dhabi. The UAE has launched several initiatives to support clean energy programmes. Victor Besa / The National

China's Jereh Group to invest in UAE clean energy and industrial sectors

Company will develop capabilities for modular reactors and lithium battery recycling

Economy

UAE corporate tax: The hidden cost of shareholder exits

Economy

US Treasury's Bessent repeats calls for IMF and World Bank to drop climate plans

US

Saudi Arabia's PIF targets 80 per cent domestic investment

Economy

‘We must brace for tough times,’ IMF chief says on Iran war effects

Economy

World Bank taps private capital to build water economy and protect 1.7 billion jobs

Economy

UAE and China sign initial pact to boost investment flows

Economy



IMF managing director Kristalina Georgieva warns of global economic risks from the Iran conflict. AFP

‘We must brace for tough times,’ IMF chief says on Iran war effects

Kristalina Georgieva says demand for financial support from the fund could reach $50 billion

Economy

World Bank taps private capital to build water economy and protect 1.7 billion jobs

Economy

UAE and China sign initial pact to boost investment flows

Economy

UAE-Azerbaijan Cepa comes into effect in boost to economic ties

Economy

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