If low investment scenario persists, it will set off instability in energy markets
Dubai: The biggest threat to the oil industry is that investments may not start flowing back to levels seen before the pandemic.
“Even if we have peak oil...
Meanwhile, Emirates and Etihad keep adding more routes in their comeback plans
Dubai: Want to fly into the UAE at the cheapest rate? Then, try Ras Al Khaimah.
It was last week that the emirate’s airport allowed resumption of flights, and...
Investor wants developer to return amount, registration fees and Dh40 million in damages
Dubai: A property owner in Dubai is finding that spending more than Dh89 million on acquiring a plot and building a bespoke villa is not enough to...
Federal court ruling to have significant impact on businesses on their tax exposures
Dubai: In a significant development, voluntary disclosures made by UAE based businesses on their actual VAT obligations will be charged with late payment penalties, reaching up to...
The Sharjah Charity Association (SCA) has already raised Dh185,000 which will be used to pay education fees of the needy and feed the hungry.
About 36 commercial outlets in Sharjah have signed up for a unique charity drive that sees...
Kosher is a term used to describe food that complies with the dietary standards of traditional Jewish regulations.
An agreement inked on Tuesday will see Abu Dhabi's hotels officially certified for serving kosher meals. The Abu Dhabi Hotels Kosher Certification...
Oil-exporting countries in the Middle East and North Africa will lose around $224 billion (Dh822.1 billion) in revenues this year due to a fall in oil prices and the impact of Covid-19, which is $46 billion (Dh169 billion) less...
Spot gold added 1.8 per cent to $1,927.96 an ounce.
International stocks rose on Friday, with all three major Wall Street indexes posting weekly gains as investors grew more hopeful the US government would provide additional economic stimulus.
Gold jumped and...
BCG's outlook suggests that the GCC's payment revenue pool will expand from $23 billion in 2019 to $24.3 billion in 2024,
The payment revenue pool of the GCC will reach $23.1 billion by 2024, at a compounded annual growth rate...
Dubai-based luxury real estate developer registers first-time interest from Nigerian, Canadian buyers, also notes uptick in investors from GCC region, India, China.
Sobha Realty, the leading premium real estate developer, today announced a successful Q3, registering a significant increase in...
Dr Pradeep Singh Rajpurohit, the newly appointed Indian Ambassador to Bahrain, was received by Bahrain Navakerala leaders. The talks centered on the welfare of the Indian community and ongoing support projects.
The General Directorate of Residency and Foreigners Affairs in Dubai has been awarded a 7‑star rating by the Global Innovation Institute for its future‑shaping initiatives. Highlights include a 3.4‑second “Red Carpet” immigration process and an AI‑driven Future Radar system.
The National Centre of Meteorology predicts cloudy conditions and strong northwesterly breezes for Friday, 13 November. Temperatures will hover around 30 °C in Dubai, Abu Dhabi and Sharjah.
The Dhofar governorate has launched the country's first submerged ecological museum off Mirbat's coast. Six large concrete figures, including a whale and dolphin, now sit 20‑22 metres below sea level.
Muscat Municipality has issued a warning against illegal parking of trucks and heavy vehicles in residential zones. Authorities say the practice hampers traffic flow, threatens safety and harms the visual appeal of neighbourhoods.
