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Economy
Economy
Ariana Afghan Airlines Slashes Cargo Rates on Kabul–Delhi Route to Boost Exports
In a strategic move to support Afghanistan's struggling trade and export sector, Ariana Afghan Airlines has announced a significant reduction in cargo service rates on the busy…
Over 3,000 Afghan Cargo Containers Stranded at UAE’s Jebel Ali Port Amid Middle East Turmoil
KABUL / DUBAI – Rising tensions across the Middle East have severely disrupted Afghanistan’s trade and transit operations, leaving an estimated 2,500 to 3,000 Afghan cargo…
Oil Prices Surge as Iran Standoff Deepens, Strait of Hormuz Remains Blocked
Oil prices extended their rally on Friday as diplomatic efforts to end the ongoing conflict between Iran and the US-led coalition remained deadlocked. Tehran continues to block the…
Dollar Set for Weekly Gain as US-Iran Talks Stall and Middle East Uncertainty Deepens
The dollar was on track for its first weekly gain in three weeks on Friday, finding support in broadly muted trading as stalled negotiations between the US and Iran dashed hopes…
U.S. Firm Strategy Posts $14.5 Billion Bitcoin Loss as Crypto Rout Deepens
A U.S. company has reported more than $14 billion in losses after Bitcoin’s sharp first-quarter decline eroded the value of its massive holdings, underscoring the growing risks of…
Iran War Wipes $120bn Off Dubai, Abu Dhabi Stock Markets
The financial markets of the United Arab Emirates have emerged as some of the heaviest casualties in the ongoing conflict between the US-Israel alliance and Iran, with Dubai and…
Oil Prices Fluctuate as Conflicting US and Iran Signals Cloud Market Outlook
Oil prices remained volatile on Thursday as markets grappled with contradictory signals from Washington and Tehran regarding the prospect of de-escalation in the ongoing conflict.…
Gold and Silver Prices Plunge as Rising Rates Outweigh Geopolitical Fears
Gold and silver prices have suffered steep declines, defying traditional safe-haven dynamics as investors prioritize rising interest rate expectations over ongoing geopolitical…
Spain unveils €5 billion energy package with tax cuts to offset Iran war costs
The Spanish government has approved a sweeping package of 80 measures aimed at tackling rising energy prices and mitigating the broader economic fallout from escalating…
The IMF says a prolonged increase in energy prices could boost inflation and lower growth
The International Monetary Fund warned on Thursday that a sustained spike in energy prices stemming from the conflict in Iran could drive up global inflation and weigh on economic…