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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

The severance of USAID funding is expected to immediately affect critical support for vulnerable groups in Jordan, including people with disabilities and millions of refugees. AFP
USAID cuts hit Jordan’s economy with immeasurable ripple effect

The kingdom, which hosts millions of Syrian and Palestinian refugees, is the US agency's third-largest recipient of aid

EconomyFebruary 08, 2025
A four-bedroom villa is being sold for Dh98 million on Palm Jumeirah. Photo: Knight Frank
Dubai sets new record in $10m home sales in 2024

The emirate sold 435 homes worth total of $7 billion, says Knight Frank

BusinessFebruary 03, 2025
Ta'ziz chief executive Mashal Al Kindi with Hong Namkoong, president and chief executive of Samsung E&A. The new plant is expected to support the UAE's diversification strategy. Photo: Ta'ziz
Abu Dhabi’s Ta’ziz awards $1.7bn contract to build UAE’s first methanol plant

Unit will be powered by clean energy from the grid on completion in 2028

EnergyFebruary 03, 2025
Khalaf Al Habtoor, chairman of UAE-based conglomerate Al Habtoor Group, has investments in the hospitality and retail sectors in Lebanon. Photo: Antonie Robertson/The National
UAE businessman Khalaf Al Habtoor cancels all planned investments in Lebanon

Entrepreneur blamed instability for the sale of all his properties in the country

EconomyJanuary 28, 2025
Abu Dhabi recorded 28,249 property transactions last year, according to the latest data. Pawan Singh / The National
Abu Dhabi property deals reached $26bn in 2024 on strong demand

The number of transactions increased by about 24 per cent annually, data shows

PropertyJanuary 27, 2025
Dubai's property market continues to perform strongly amid government initiatives. Antonie Robertson/The National
New UAE policies are easing safe entry to the real estate market

Value of Dubai real estate deals increased by 20 per cent last year to $207 billion

PropertyJanuary 26, 2025
Khalaf Al Habtoor, chairman of Al Habtoor Group, says the project is expected to create thousands of jobs in Lebanon. Antonie Robertson / The National
UAE businessman Khalaf Al Habtoor plans mega-project investment in Lebanon

Initiative depends on ‘correct formation of a government’, says Al Habtoor Group chairman

PropertyJanuary 23, 2025
Dubai Investments' total assets by the end of the third quarter of last year stood at Dh22 billion. Antonie Robertson / The National
ExclusiveDubai Investments plans IPO for its subsidiaries, says CEO

There are at least four companies in the portfolio worth looking at for initial public offerings, says its chief executive Khalid bin Kalban

MarketsJanuary 23, 2025
A design for RAK Properties' new project Mirasol in the Mina master development in Ras Al Khaimah. RAK Properties
RAK Properties plans to launch 12 projects worth Dh5bn in 2025

Strong demand for homes continues in the emirate amid Wynn Resorts development, its chief executive says

PropertyJanuary 22, 2025
PNC Menon, founder of Sobha Realty, is bullish about the UAE's property market amid continued economic growth. Pawan Singh / The National
ExclusiveSobha Realty targets Dh30bn in sales this year

Developer expects sales in the Emirates to rise to Dh30 billion this year, founder says

PropertyJanuary 21, 2025
Palestinians react to news of the ceasefire deal with Israel, in Khan Younis in the southern Gaza Strip. Reuters
Gaza needs up to $50bn to revive its economy post-ceasefire

Palestinian authorities must draw up a bold reconstruction plan to put the shattered economy back on its feet

EconomyJanuary 17, 2025
A Gazprom Neft petrol station in Moscow. Russia's energy revenue is fuelling its war in Ukraine. AFP
Oil posts fourth straight weekly gain amid new US sanctions on Russia

Further US sanctions on Iran, Russia and Venezuela could support oil prices this year, analysts say

EnergyJanuary 17, 2025
President Sheikh Mohamed meeting Italian Prime Minister Giorgia Meloni at Abu Dhabi Sustainability Week on Wednesday. EPA
UAE, Italy and Albania team up on $1bn undersea energy cable

Clean energy produced in Albania will be exported to Italy across the Adriatic as part of the three-nation agreement

EnergyJanuary 15, 2025
President Sheikh Mohamed and Christopher Luxon, Prime Minister of New Zealand, attend the signing of the Cepa between the two countries in Abu Dhabi, with Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, in attendance. Hamad Al Kaabi / UAE Presidential Court
UAE signs trade deals with Malaysia and New Zealand

The Comprehensive Economic Partnership Agreement with New Zealand is expected to boost bilateral trade to $5 billion by 2032

EconomyJanuary 14, 2025
Tengku Zafrul Aziz, Malaysia's Minister of Investment, Trade and Industry, expects more UAE investments into his country following the signing of the Cepa. Victor Besa / The National
ExclusiveMalaysia to start talks for Gulf free trade deal after UAE Cepa

Saudi Arabia and the Emirates are nation’s two biggest trading partners in the Arab world

EconomyJanuary 13, 2025
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