Dubai: The economy of the United Arab Emirates is starting to show the first signs of stress as the Gulf war continues for more than a month, with some cuts in sectors such as hospitality, travel, events and food and beverage (F&B). Companies in these sectors have started to cut jobs, reduce wages and send … Read more
Dubai: The economy of the United Arab Emirates is starting to show the first signs of stress as the Gulf war continues for more than a month, with some cuts in sectors such as hospitality, travel, events and food and beverage (F&B). Companies in these sectors have started to cut jobs, reduce wages and send … Read more
Australians hoping for relief from fuel price cuts in time for Easter travel are set to be disappointed, with the industry predicting the effects of Labour’s temporary tax cuts will take days or weeks to reach some people around the country. The halving of fuel duty, which starts on Wednesday until the end of June, … Read more
The United States of America cut its purchase of Nigerian crude oil significantly in January 2026, and imports fell by 47.16 percent month-on-month, according to the latest data from the US Census Bureau and the US Bureau of Economic Analysis. Figures from the US report on International Trade in Goods and Services show that US … Read more
New data from the US Census Bureau and the Bureau of Economic Analysis show that imports fell by 47.16 percent month-on-month, falling from 3.149 million barrels in December 2025 to 1.664 million barrels in January. The drop of 1.485 million barrels marks one of the sharpest short-term contractions in the Nigerian portion of the US … Read more