Tuesday, April 14, 2026

Finance

Oil falls 2% on Libyan output, COVID-19 demand concerns

Libya’s NOC lifts force majeure on exports Oil fell nearly 2% on Friday, finishing lower for the week, in anticipation of a surge in Libyan crude supply and demand concerns caused by surging coronavirus cases in the United States and...

ADNOC Onshore awards Dh1.19b in contracts to raise efficiencies at three Abu Dhabi oil fields

Bab, Asab, and Sahil fields operated by energy giant will benefit from improved efficiency Abu Dhabi National Oil Company (ADNOC) has awarded three contracts worth Dh1.19 billion to boost efficiencies at its onshore field operations. This will see the procurement and...

Overseas companies can now set up operations in Dubai in five working days, no upfront fees

DMCC launches new offer that also provides overseas companies with 6-month trail run Dubai: Overseas companies wishing to set up in Dubai can do so within five working days - that's as part of a new scheme rolled out by...

Al Mal Capital’s Dh500m real estate fund IPO to launch November 8, list on DFM in January

Subscription to 'Al Mal Capital REIT' runs from November 8 to 19 Dubai: The asset management firm Al Mal Capital is all set to launch a real estate investment fund, having received regulator approval. The new entity, Al Mal Capital...

Everyone’s getting into UAE’s online grocery business, now valued at $1b plus

Delivering within 30-40 minutes is being turned into a competitive advantage Dubai: There’s still a lot of room in the UAE’s online grocery space as more players put up their ‘stalls’…. even those that haven’t been connected with the selling...

Talabat, Kuwaiti foodtech startup weaving plans to expand to Iraq

Kuwait-based foodtech startup Talabat, formerly ‘Otlob’, owned by the German logistics giant Delivery Hero, on Friday announced that the company is projecting plans to expand to Iraq. The news flashed first on Gulf Business. Founded as Otlob in 2004 by...

Expo 2020 Dubai Goes Green, Offers Big Business to SMEs

Organising Wetex, despite the challenges of Covid-19, emphasises Dubai's ability to convert challenges into opportunities. Dubai intends to transform the energy sector by reducing dependence on fossil fuel and increasing the share of alternative clean energy through smart management and...

Emirates earns top spot at Business Traveller Middle East Awards 2020

Emirates has earned top spot at the Business Traveller Middle East Awards 2020, sweeping four awards including the coveted ‘Best Airline Worldwide’ award for the seventh consecutive year. The airline also took home ‘Airline with the Best First Class’,...

‘Expo 2020 Dubai a moment to collaborate for shared future’

Reem Bint Ibrahim Al Hashemy, Minister of State for International Cooperation and Director-General of Expo 2020 Dubai Bureau has said that Expo 2020 is a moment to collaborate shared future, one of the main purposes of the world exposition. “When...

Etisalat reports a 6% increase in net profit at Dhs2.4b

Etisalat Group on Wednesday announced its consolidated financial statement for the Q3 2020 ending 30th September 2020. Etisalat Group’s consolidated revenue for the third quarter of 2020 amounted to Dhs13.0 billion, while consolidated net profit after Federal Royalty amounted to...

Latest News

UAE denies rumours of distance learning extension until May 1

The UAE has denied rumors of extending distance learning until May 1. That's a big deal. And it's a...

Saudi Gold Price Today

Gold prices in Saudi Arabia are a topic of interest for many in the UAE. The latest rates are now available.

Hajj 2026: Saudi Arabia halts Makkah entry, suspends Umrah visas and sets strict rules for pilgrims – The Times of India

Saudi Arabia's taken a huge step - they're regulating pilgrim flow. The decision to halt Makkah entry and suspend Umrah visas is a big...

Abu Dhabi News Today: Airports and Middle East Airspace

The status of airports in Dubai and Abu Dhabi is a concern due to the Middle East airspace closure. Time Out provides the latest updates on this situation.

UAE Latest News: Iran War Impacts

The Iran war has made it clear that old arrangements are over. This change has significant implications for the region.