The US Treasury placed two United Arab Emirates-based companies on its sanctions blacklist Wednesday for their support of already-sanctioned Iran's Mahan Air. UAE-based Parthia Cargo and Delta Parts Supply FZC "have provided key parts and logistics services for Mahan Air," the Treasury...

An ultra-modern vertical farm in the middle of the desert stands as a testament to Dubai's determination to spark a "green revolution" to overcome its dependence on food imports. Al-Badia market garden farm produces an array of vegetable crops in multi-storey format, carefully controlling...

Beijing on Tuesday hit out at new US sanctions against telecom giant Huawei, accusing Washington of an "abuse of national power" to block the rise of Chinese companies. A US Commerce Department statement Monday barred an additional 38 Huawei affiliates from buying American computer chips...

Oil prices settled higher on Monday, as OPEC+ producers almost fully complied in July with their global production cut accord, and after U.S. officials said China is in compliance with the first phase of the two nations’ trade deal. Brent crude LCOc1 settled up 57 cents, or 1.3%, to...