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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

A construction site in Riyadh's Al Olaya district. Bloomberg
Saudi Arabia’s land tax to unlock real estate as foreign buyers eye properties

Kingdom has increased annual levy on undeveloped land to encourage owners to develop or sell

PropertyAugust 17, 2025
Fareed Rahman
Travellers pass Air Canada flight attendants on strike at Pearson International Airport in Toronto on Saturday. The Canadian Press via AP
Dubai to Toronto flights cancelled as Air Canada grounds all aircraft due to cabin crew strike

About 130,000 passengers will be affected each day strike continues

AviationAugust 16, 2025
Fareed Rahman
Larry Fink, chairman and chief executive of BlackRock, becomes WEF interim co-chairman at a time of turbulence in the global economy. Bloomberg
BlackRock’s Fink appointed as interim co-chairman of World Economic Forum

Board of WEF clears founder Schwab of 'material wrongdoing' after investigation

EconomyAugust 16, 2025
Fareed Rahman
US President Donald Trump looks on next to Russian President Vladimir Putin during a press conference following their meeting to negotiate an end to the war in Ukraine in Anchorage, Alaska. Reuters
Oil prices fall more than 1% amid Trump-Putin summit in Alaska

US President describes meeting with his Russian counterpart as 'productive'

EnergyAugust 15, 2025
Fareed Rahman
A rendering of Wynn Al Marjan Island in Ras Al Khaimah. Photo: Wynn Resorts
RAK Properties’ Q2 profit almost doubles on Wynn Resorts boost

RAK Properties aims to reach Dh3bn in sales in 2025 amid strong demand, CEO says

PropertyAugust 14, 2025
Fareed Rahman
Adnoc L&S Very Large Crude Carrier. The company delivers energy products to more than 100 customers in about 50 countries. Photo: Adnoc
Adnoc L&S reports 10% rise in second-quarter profit on higher revenue

Company raises full-year 2025 earnings guidance on strong performance of all business units

EnergyAugust 12, 2025
Fareed Rahman
Saudi Arabia's economy continues to expand as it boosts oil production along with other Opec members to regain market share. Getty Images
Saudi Arabia's industrial output matches 2023 high due to economic momentum

Kingdom's economy grew by 3.9 per cent in second quarter of this year

EconomyAugust 11, 2025
Fareed Rahman
US President Donald Trump, left, last week said he would meet Russian President Vladimir Putin on August 15 in Alaska, to help mediate an end to the war in Ukraine. AFP
Oil prices fall as US and Russia set to hold talks on Ukraine

A peace deal could end sanctions on Russian oil, heightening the risk of a supply glut later in 2025, say analysts

EnergyAugust 11, 2025
Fareed Rahman
Beirut port seen through smashed windows at St George Hospital. The August 4, 2020 explosion killed more than 200 people, injured thousands and upended lives. Photo: Getty Images
'No one gave me one dollar': Beirut businesses lament costs after port blast

Economic activity rebounding five years on, after business owners forced to fund repairs themselves

EconomyAugust 03, 2025
Fareed Rahman
US President Donald Trump claims to have struck the 'largest trade deal in history' with Japan. Reuters
Oil prices drop amid uncertainty of US-EU trade deal ahead of deadline

US deal with EU in pipeline following agreement with Japan earlier this week

EnergyJuly 25, 2025
Fareed Rahman
The UAE has implemented reforms to increase foreign direct investment. Victor Besa / The National
Bankruptcy court to make UAE more attractive to foreign firms

Move also expected to strengthen emerging financial sectors such as crypto and private credit

EconomyJuly 25, 2025
Fareed Rahman
The total value of residential sales in Dubai in the first half surged to Dh268 billion, according to Knight Frank. Chris Whiteoak / The National
More than 51,000 homes sold in Dubai in record second quarter

Residential prices grew by an average of 13.7 per cent annually in second quarter, Knight Frank says

PropertyJuly 23, 2025
Fareed Rahman
The oil pipeline allows for the export of crude from Iraq’s semi-autonomous Kurdish region to Ceyhan. Reuters
Turkey to end Iraq oil pipeline deal

Agreement for export of crude will expire in July next year

EnergyJuly 21, 2025
Fareed Rahman
Air Arabia aircraft. Air Arabia has joined a consortium to launch a new low-cost airline based in Dammam as part of Saudi Arabia’s efforts to boost connectivity and tourism. Photo: Air Arabia
Air Arabia alliance wins bid to operate low-cost airline in Saudi Arabia

New airline will operate from King Fahd International Airport in Dammam

AviationJuly 20, 2025
Fareed Rahman
Riyadh skyline: Al-Futtaim aims to expand into Saudi Arabia with a new deal with Cenomi. Getty Images
Dubai’s Al-Futtaim to buy stake in Saudi retail group Cenomi

Transaction under partial share purchase agreement is valued at $666 million

EconomyJuly 20, 2025
Fareed Rahman
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