Business
Reliance wins court reprieve against 'energy drink' label ban for Campa brand products
The crackdown is part of a broader, India-wide food safety push this year — including raids, shutdowns and new warning-label requirements
Business
Business
AI Borrowing Binge Rattles US Markets
The world's richest companies can no longer rely on their massive cash piles alone to stay in the artificial intelligence race and have suddenly started borrowing massively in a shift that is sending repercussions across the world. Rising US interest rates, including on the Treasury bonds that anchor the global economy, are sending tremors through the financial world, and some analysts point to the AI borrowing bonanza as one of the culprits, said AFP.
Business
Gold Inches Lower as Firmer Dollar, Higher Yields Weigh
Gold eased on Tuesday, pressured by a firmer US dollar and rising Treasury yields, though losses were limited by easing expectations of a Federal Reserve interest rate hike this month. Spot gold slipped 0.3% to $4,128.69 per ounce by 0155 GMT. US gold futures were little changed at $4,156.00. The dollar held firm, making greenback-denominated commodities more expensive for holders of other currencies, Reuters said. The 10- and 30-year Treasury yields hit 24-year highs on Monday as persistent bond market weakness weighed on sentiment.
Business
World Bank says Middle East economy to contract 2.1% in 2026 due to Iran war | The National
Economists anticipate UAE economy to contract by 1.6% while Qatar's GDP set for worst performance in five decades
Business
UAE banking experts discuss AI, digital payments, remittances, trust at BIT Summit
Banking and fintech leaders gather at the Banking Innovation & Technology Summit 2026 to explore how AI, faster payments and changing customer expectations are reshaping the financial sector
Business
Violent clashes erupt after mass housing protest in Barcelona
Protesters in Barcelona set fires, built barricades and hurled projectiles as violence erupted at a housing protest.
Business
Hormuz Strait disruptions could lead to global food security crisis
Disruptions in the Strait of Hormuz could lead to a global food security crisis, the secretary general of the International Chamber of Commerce (ICC), John Denton, warned.
Business
The Gulf’s next industrial revolution should be made across borders | The National
It is time to make the GCC one industrial marketplace
Business
'Can I be in the UAE after overstaying my visit visa?' | The National
What overstayers need to know about fines and finding a new job
Business
Middle East war sharpens focus on ASEAN energy security plans
Middle East war sharpens focus on ASEAN energy security plans
Business
Syrian Airlines unveils laser-sharp look for the future
Syrian Airlines unveils a new visual identity as it rebrands amid Syria’s post-Assad development.
Business
Envision to end operations and stop product development if it can't find partner | The National
App uses phone camera to read signs, menus and other things, making life easier for visually impaired users
Business
UAE and Jordan begin construction of railway to transport phosphate to Red Sea port
Jordan and the UAE have begun constructing the Aqaba–Shidiya–Maan railway, a major transport project overseen by King Abdullah and Abu Dhabi crown prince Sheikh Khaled. The railway, managed by the UAE–Jordan Railway Company, will transport approximately 13 million tonnes of phosphate annually from Shidiya mines to the Red Sea port of Aqaba. This initiative aims to enhance phosphate transport, reduce shipping costs, and connect Jordan's resources to international markets.
Business
Emirati firm plans two mega property development projects in Syria
Emirati firm plans two mega property development projects in Syria
Business
Suez Canal recovery is critical to global trade and economic growth: Egyptian minister
Suez Canal recovery is critical to global trade and economic growth: Egyptian minister
Business
106 cover-up cases detected during 1,861 inspection tours in September
A total of 106 suspected cases of commercial concealment or cover-up were detected during inspection tours carried out during the last month of September.
Business
QCB, Euroclear expand global access to Qatar government bonds
This strategic initiative seeks to create a more innovative, efficient and globally connected capital market underpinned by modern market infrastructure and strong investor protection. Qatar Central Bank (QCB) and Euroclear…
Business
Aramco chief sounds alarm as global oil stocks hit critical lows
Saudi Aramco CEO Amin Nasser warned that global oil stockpiles have fallen to alarmingly low levels, leaving energy markets vulnerable to further supply disruptions unless the Strait of Hormuz fully reopens.