Friday’s Week in Business: Rates Rise, Energy Bites and the AI Race Meets a Moment of Doubt

    ABE NEWS | SEPTEMBER 18, 2026 This was the week when several assumptions underpinning the global economy became harder to defend. Investors who spent years waiting for cheaper money watched the Federal Reserve raise interest rates for the first time in more than three years. Japan pushed borrowing costs to their highest level…

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Tabby Started With a Button at Checkout. Now It’s a $6.5 Billion Bet on the Future of Gulf Banking.

  ABE NEWS | September 14, 2026 In 2019, Tabby’s proposition was remarkably simple. A customer wanted to buy something online but didn’t necessarily want to pay the entire amount immediately. Tabby placed itself at checkout and allowed that purchase to be divided into instalments. No bank branch. No traditional credit-card application. No complicated financial…

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Saudi Arabia’s Oil Lifeline Has Been Hit — Now Two of the World’s Most Important Energy Routes Are Under Threat

  ABE NEWS | September 12, 2026 Saudi Arabia has spent decades preparing for a crisis in the Strait of Hormuz. The kingdom knew that concentrating so much of its oil-export infrastructure around one of the world’s narrowest and most politically sensitive waterways created an obvious vulnerability. If tankers could no longer move safely through…

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Germany’s Factories Are Shrinking Again — And Europe’s Industrial Powerhouse Has a Bigger Problem

  ABE NEWS | September 7, 2026 Germany’s industrial production unexpectedly fell in July, delivering another reminder that Europe’s largest economy is still struggling to produce a convincing industrial recovery despite stronger government spending and recent signs of improvement in manufacturing demand. Production declined 1.1% from June after seasonal and calendar adjustments, according to Germany’s…

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OPEC+ Hits Pause on Oil Supply — As the Iran Conflict Complicates the Global Crude Market

ABE NEWS | September 6, 2026 OPEC+ has decided to keep its oil-production policy unchanged for October, pausing further increases after months of gradually restoring supply while escalating tensions involving Iran continue to disrupt one of the world’s most important energy corridors. The decision was taken Sunday by the group of producers that has been…

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Europe Just Got a New Route to Space — German Startup Isar Aerospace Reaches Orbit in Historic Launch

  ABE NEWS | September 6, 2026 Europe’s effort to rebuild its independent access to space reached an important milestone this weekend after German startup Isar Aerospace successfully sent its Spectrum rocket into orbit from northern Norway, becoming the first commercial European company to place satellites into orbit with its own launch vehicle. The rocket…

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U.S. Strikes Three Iranian Oil Tankers — As the War Moves Closer to the Heart of Iran’s Oil Industry

  ABE NEWS | September 5, 2026 The war between the United States and Iran has entered another dangerous phase. U.S. forces struck three Iranian crude-oil tankers on Saturday after Iran’s Islamic Revolutionary Guard Corps fired ballistic missiles toward two U.S. Navy warships, according to U.S. Central Command. The American vessels — an aircraft carrier…

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Dangote Is Preparing Africa’s Biggest IPO — And Wants to Build a 1.4-Million-Barrel-a-Day Refinery

  ABE NEWS | September 4, 2026 Africa could be days away from one of the biggest stock-market listings in its history. Nigeria’s Dangote Group is preparing to sell shares in the Dangote Petroleum Refinery, the enormous Lagos-based industrial complex built by billionaire entrepreneur Aliko Dangote. According to people with direct knowledge of the transaction,…

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Europe Vows New Action Against Russia After Explosive Drone Attack at German Airport — As Sabotage Fears Grow

ABE NEWS | September 2, 2026 Europe’s confrontation with Russia is entering increasingly dangerous territory — and this time the centre of the story is not Ukraine. It is Germany. German authorities have formally accused Russia of orchestrating an attempted explosive-drone attack at Leipzig/Halle Airport, one of Europe’s important cargo hubs and a logistics centre…

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