The level of spare capacity – or the perception of how much is available – can influence world oil prices.
The adverse weather conditions are attributed to a surface low-pressure system extending from the southwest, accompanied by humid south-easterly winds
IMF revised its GDP growth forecast for the Middle East and North Africa region downwards to 2.9 per cent this year
The new name reflects the airport’s commitment to innovation, seamless travel experiences, and sustainability
The meteorological authority has issued an advisory urging residents to observe safety protocols, particularly in areas prone to heavy rainfall
The ITC has announced a rolling closure on February 11 across Abu Dhabi
Fines for exceeding the temporary limit vary based on the degree of speeding in Abu Dhabi
From iconic landmarks like the Burj Al Arab to family-friendly destinations such as Global Village, numerous celebrations have been organised to ring in the Lunar New Year
Investors have valued the San Francisco-based startup at more than $80bn
The system demand for power surged to 56.5 TWh in 2023 while water demand grew by 5.2 per cent to reach 144.1 billion imperial gallons
A new weekend-only bus service, W20, will run from Friday to Sunday, from Stadium Metro Station to Al Mamzar every half hour between 5 pm and 11 pm
The agreement is expected to boost trade and investment flows in priority sectors such as logistics, infrastructure, travel, tourism, and renewable energy
The 3-day hackathon will challenge high school students, in teams of 2-4, to design functional projects using AI technologies to help their peers and community
The joint venture seeks to acquire minority stakes in private market investment managers with fee-paying AuM of less than $10bn
Dubatt Battery Recycling’s fully integrated battery recycling plant – the first of its kind in the UAE – has been formally inaugurated at Dubai Industrial City
The agency had previously issued circulars and warnings to emphasise the provisions and conditions of real estate advertising and ensure compliance
Rolls-Royce Bespoke Collective has revealed a modern, minimalistic expression of the dragon never previously seen in its cars
Non-OPEC output from Norway and Guyana is increasing while Russia is exporting more crude in February than it planned
The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)
The event will feature over 25 heads of state and governments, 120 governmental delegations, and 85 international and regional organisations
The global partnership deal includes the first-ever referee jersey patch partner of the NBA, starting with the 2024 NBA All-Star Game
Rimac will reportedly produce only 150 Nevera cars with a price tag of $2.1m each
The developer will take a majority stake in a co-investment platform, which includes a portfolio of 14 warehouses in the UK
In 2023, the UAE has witnessed growth in IP applications, with a 9.6 per cent increase in trademarks and a 29.5 per cent increase in intellectual work registrations
The value of real estate transactions exceeded Dhs634bn with the number of transactions reaching over 166,400 real estate transactions in 2023
The Abu Dhabi National Exhibition and Al Ain Convention Centre welcomed 1.78 million visitors, up 123 per cent from 802,000 visitors in 2022
The four-class A380 deployed to Osaka will feature 14 First Class suites, 76 lie-flat seats in Business Class, 56 seats in Premium Economy Class, and 338 seats in Economy Class
The contracts were awarded to 36 UAE-based companies with almost 50 per cent of the value – Dhs10.5bn – being recirculated into the local economy
Bayanat and Yahsat have announced a combined entity, Space42, which will be one of the world’s most valuable publicly listed space companies by market cap
Presight AI’s Q4 performance saw revenues jumping by 23.3 per cent and net profit margin reaching 42.1 per cent