Business
– Brent crude touched $110 a barrel on Friday for the first time since May as escalating Middle East tensions raised fears of tighter supplies. Brent futures for December delivery settled $3.94, or 3.7%, higher at $109.86, the highest close
– Remittances from Egyptians working abroad rose 27.2% in the first eight months of 2026 to a record $33.9 billion. The Central Bank of Egypt reported the figures on Tuesday, October 13. Inflows stood at $26.6 billion during the same
– Oman’s total electricity production rose 4.3% year on year through August 2026, reaching 37,481.8 gigawatt-hours. Output stood at 35,935.3 GWh during the same period of 2025. Preliminary data from the National Centre for Statistics and Information showed growth across
– UAE President Sheikh Mohamed bin Zayed Al Nahyan and Zambian President Hakainde Hichilema met in Abu Dhabi on September 29 to discuss stronger bilateral economic ties. Hichilema visited the UAE after beginning his second presidential term earlier this month.
– Abu Dhabi recorded the largest progress globally in the 2026 Global Real Estate Transparency Index published by real estate services firm JLL. According to survey details released by government regulatory authorities, the UAE capital advanced eight spots to 33rd
The United Arab Emirates continues to expand its global economic footprint as Minister of Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi convened bilateral discussions with foreign dignitaries during the United Nations General Assembly. The agenda centered on deepening non-oil
