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Fareed Rahman

Fareed Rahman

Journalist
Fareed is a senior business reporter at The National and worked in India, the UAE and the US. He has interviewed a number of top executives from energy, real estate and defence industry as well as visiting dignitaries and heads of states.

Articles

Food and beverage costs fell in Dubai last month. Victor Besa / The National
Dubai inflation eases in March on lower transport and food costs

Emirates NBD projects softer headline inflation in coming months on lower global oil prices

EconomyApril 22, 2025
Adnoc's headquarters in Abu Dhabi. The company has agreed to a 15-year contract with a unit of ENN Natural Gas in China. Victor Besa / The National
Adnoc signs UAE's largest LNG supply agreement with China

Adnoc will supply up to one million tonnes of liquefied natural gas annually to ENN Natural Gas

BusinessApril 21, 2025
Oil posted a weekly gain last week on hopes of a potential trade deal between the US and the EU and new sanctions on Iran's oil exports. Getty Images via AFP
Oil prices fall amid progress in Iran talks and US tariff concerns

Talks between Iran and the US on Tehran's nuclear programme are gaining momentum

EnergyApril 21, 2025
The UAE contributed 41.4 per cent of the Middle East’s total merchandise exports in 2024. Photo: UAE Government Media Office
UAE foreign trade hits $1.42 trillion in 2024 despite global uncertainties

The UAE's trade surplus touched $134 billion last year. The Arab world's second-largest economy prioritised openness, connectivity and free flow of trade

EconomyApril 20, 2025
The contract involves advanced engineering and technical support. Photo: Adnoc Drilling
Adnoc Drilling awarded $1.63 billion five-year contract

Integrated drilling services deal with Adnoc Offshore will support market expansion

EnergyApril 17, 2025
A bank customer holds a placard reading 'The new president's priority must be depositors' savings' during a demonstration in downtown Beirut. EPA
Lebanon's bank customers won't see the $93 billion they're owed 'any time soon'

Customer funds remain frozen with lenders after the country’s economy collapsed in 2019

BusinessApril 16, 2025
Ajman recorded real estate deals worth Dh20.5 billion in 2024. Khushnum Bhandari / The National
Ajman issues new law to attract more investment in property sector

Legislation also aims to protect the rights of investors and boost transparency

PropertyApril 04, 2025
US President Donald Trump revealing the reciprocal tariffs during an event at the White House in Washington this week. AFP
Middle East companies prepare for limited direct hit from new US tariffs

Businesses across sectors seek clarity as they make contingency plans to mitigate potential impact and adapt to new global trade norms

EconomyApril 03, 2025
The Port of Los Angeles. The new tariffs are likely to cause a global trade war that threatens to stoke inflation and stall economic growth. EPA
Donald Trump’s sweeping tariffs explained

All you need to know about President's move to impose higher-than-expected duties on all US trading partners

EconomyApril 03, 2025
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, says new trade deals with Costa Rica and Mauritius boost connectivity to centres of growth in Central America and Africa. Victor Besa / The National
UAE’s trade deals with Costa Rica and Mauritius take effect

They mark the seventh and eighth of the UAE’s Cepa programme to come into force

EconomyApril 02, 2025
Burj Khalifa, Burj Azizi and Six Senses Residences - Dubai towers and projects that symbolise a boom in property spending by ultra high net worth individuals. Photo: The National / Azizi / Six Senses
Standing tall: Gulf sees boom in super tall skyscrapers

Trend of ultra wealthy moving into the Gulf supporting the construction of super tall towers

PropertyMarch 31, 2025
Rescuers work at the site of a building that collapsed, in the aftermath of a strong earthquake, in Mandalay, Myanmar. Reuters
Myanmar earthquake impact made worse by severe damage to critical infrastructure

Knocked-out internet services and damaged roads make it difficult to assess needs in the country

EconomyMarch 30, 2025
Abu Dhabi's non-oil sector grew 6.2 per cent to Dh644.3 billion in 2024. Victor Besa / The National
Abu Dhabi economy expanded by 3.8% in 2024 on non-oil boost

Sectors including manufacturing, construction, finance and insurance continued to grow amid diversification push

EconomyMarch 29, 2025
Archer Aviation's Midnight aircraft can hold four passengers. Photo: Archer Aviation
Ethiopian Airlines and Archer team up to launch air taxis in Africa

Agreement follows Archer's similar deal with Abu Dhabi this week in a growing trend of airlines partnerships

AviationMarch 28, 2025
Iran's economy continues to suffer amid economic sanctions. EPA
Iran’s currency falls to a record low amid Trump’s sanctions

Currency will remain under pressure as there is no end in sight for US sanctions on Tehran, experts say

EconomyMarch 26, 2025
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