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Economy and Policy

Economy and Policy latest

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks
July 15th, 2026 - 04:08 GMT

Renewed US-Iran Tensions Lift Oil Prices as Investors Focus on Inflation Risks

Renewed tensions between the US and Iran have pushed oil prices higher, bringing inflation risks back into focus for global investors, according to Lale Akoner, Global Market Strategist at eToro. While crude prices have risen amid concerns over slower traffic through the Strait of Hormuz, markets are not yet treating the situation as a full-scale oil supply crisis. Instead, investors appear to believe that energy supplies are becoming tighter, but not significantly disrupted. "Markets are pricing in higher geopolitical risk, but not a major supply shock," said Akoner. "Slower traffic ...
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Ratings agency Standard and Poors’ has downgraded Egypt’s long-term credit rating.
December 24th, 2012 - 12:27 GMT

Egypt: Credit rating downgraded as political turmoil hits economy

Al Bawaba
December 24th, 2012 - 11:56 GMT

DED sees 15% increase in licenses during November 2012

After a series of strikes across Lebanon, the Cabinet is set to reconsider a proposed salary scheme
December 24th, 2012 - 11:06 GMT

Lebanon: Cabinet to discuss public sector pay rises

Americans consume roughly 18.5 million barrels of oil daily, a mere $8 increase in the price per barrel would sap $1 billion per week from the U.S
December 24th, 2012 - 10:51 GMT

What would be the cost of war with Iran?

During the visit
December 24th, 2012 - 10:24 GMT

Dubai and Oman Chambers to consolidate bilateral trade ties

The Yemeni government has approved a budget of over YR 2 trillion
December 24th, 2012 - 10:03 GMT

Yemen approves 2013 budget

Egypt's budget deficit is on the rise
December 24th, 2012 - 08:40 GMT

Egypt's budget deficit on the rise

Iran is playing a "smart economic" warn, Iranian President Mahmoud Ahmadinejad has claimed
December 24th, 2012 - 07:51 GMT

Ahmadinejad: Iran playing "smart economic war"

Bahrain is gearing up to hold a GCC summit which discuss closer economic ties and the Syrian conflict
December 24th, 2012 - 07:43 GMT

Bahrain set to hold GCC summit

Al Bawaba
December 24th, 2012 - 06:41 GMT

Emal and University of Sharjah join forces to develop expertise for the aluminium industry

Al Bawaba
December 24th, 2012 - 04:38 GMT

RAK FTZ wins two prestigious industry award recognitions

Emirates Aluminium
December 23rd, 2012 - 10:28 GMT

EMAL joins Abu Dhabi Sustainability Group as flagship proponent of Abu Dhabi Economic Vision 2030

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