Kyle Fitzgerald

3 days ago | thenationalnews.com | Kyle Fitzgerald |Cody Combs

Developments about partnerships between UAE and US entities have been prolific in recent weeks. There may be more during US President Donald Trump's visit to the Arabian Gulf Bloomberg

1 week ago | thenationalnews.com | Kyle Fitzgerald

The Federal Reserve held US interest rates steady on Wednesday, extending its rate-cut pause as it warned tariffs could lead to higher inflation and unemployment. Wednesday was the third consecutive time the Fed held rates steady, keeping the range of its benchmark rate unchanged at 4.25 per cent to 4.50 per cent. The UAE Central Bank also kept its benchmark interest rate at 4.40 per cent after the Fed's decision.

1 week ago | thenationalnews.com | Kyle Fitzgerald

US President Donald Trump's visit to the Gulf was briefly previewed during a discussion at a financial conference in California on Tuesday. The visit came up during a moderated panel event at the 2025 Milken Institute Global Conference in Los Angeles, where the world's financial and economic leaders have gathered this week to talk. The conference comes a week before Mr Trump's visit to Saudi Arabia, Qatar and the UAE.

1 week ago | thenationalnews.com | Kyle Fitzgerald

Jerome Powell, chairman of the US Federal Reserve, during an Economic Club of Chicago event in Chicago, Illinois. Bloomberg

1 week ago | thenationalnews.com | Kyle Fitzgerald

US President Donald Trump on Thursday pledged to punish countries that buy oil from Iran, implicitly threatening new sanctions on China. "Any country or person who buys any amount of oil or petrochemicals from Iran will be subject to, immediately, secondary sanctions," Mr Trump wrote on social media. He said any countries who continue to buy Iranian oil would be prohibited from doing business with the US "in any way, shape or form".