Crude prices slipped on Thursday, with Brent at $93.63 and U.S. WTI at $87.13. The move follows President Trump’s comment that the United States has no immediate plans to attack Iran.
A factor to watch in 2021 will be the Opec+ oil production policy and whether the alliance will ease the cuts before demand can absorb the additional supply
Brent Crude prices are set to average $50.67 a barrel in 2021,...
Emerson officials explain that advanced automation and AI are reducing outage times and improving safety in the UAE’s energy industry. They stress that while digital tools aid resilience, physical redundancy still protects capacity.
Riyan Malhan became the first Emirati to capture a Youth Olympic gold medal in badminton, beating France’s Mady Sow in the final. The triumph follows his earlier Asian junior titles and highlights UAE’s rising badminton program.
King Mohammed VI chaired a meeting in Rabat to reinforce Morocco’s territorial integrity and the well‑being of residents in the south. He directed ministries to act on security, development and international commitments after the UN mission concluded.
King Hamad of Bahrain welcomed Iraqi Prime Minister Ali Fadh Al‑Zaydi, noting significant progress in bilateral relations. Both leaders pledged continued collaboration on security and regional stability.
DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.
