Business

US Imposes Up to 100% Tariffs on Drones Citing Tech Security Risks

In a move driven by national security concerns, the United States has introduced tariffs of up to 100% on specific drone imports and components, aiming to reduce dependence on...

Iran Conflict’s Tech Impact May Challenge Wall Street’s Bull Market

The ongoing conflict in Iran is exerting new inflationary pressures on the United States, primarily through increased energy...

Advanced Monitoring Tech Tracks Strait of Hormuz Amid US-Iran Tensions, Boosts Oil Prices

Despite a dip in oil prices on Friday, the market saw significant weekly increases, driven by escalating military...

UAE Utilizes Tech to Reduce Fuel Prices Amid Stabilized Oil Markets

The United Arab Emirates has introduced a notable decrease in fuel prices for July, providing much-needed relief to...

Tech Tensions Rise as Trump Threatens EU with 100% Tariffs Over Digital Tax

In a move that could escalate trade tensions, US President Donald Trump has issued a warning to European...

$300B Iran Fund Spurs Innovation Concerns; Rubio Consults Gulf Tech Allies

US Secretary of State Marco Rubio has initiated discussions with Gulf allies regarding a proposed $300 billion Iran reconstruction fund. The talks, which began...

Innovative Tech Cuts Sharjah-Oman Transit Time to Just 35 Days

Sharjah has introduced a new integrated logistics corridor with Oman, dramatically slashing cargo transit times from nearly three months to just 35 days. This...

Majid Al Futtaim, Midar Unveil $3.1 Billion Tech-Driven New Cairo Development

Majid Al Futtaim, a prominent Dubai-based conglomerate, has entered into a strategic alliance with Egypt's Midar Investment and Urban Development Company to construct a...

Abu Dhabi Encourages Tech-Driven Oil Loading Resumption Post US-Iran Agreement

The Abu Dhabi National Oil Company (ADNOC) has directed its clients to resume the collection of crude oil shipments from its key locations at...

UAE, Eswatini Launch Digital Visa-Free Travel to Boost Innovation Ties

The United Arab Emirates and Eswatini have taken a significant step in bolstering their diplomatic, economic, and people-to-people ties by signing a new agreement...

UAE Innovates New Oil Pipeline Route, Skirting Hormuz, Ready by 2027

The United Arab Emirates is set to bolster its oil export capabilities by completing a new pipeline by next year, designed to circumvent the...