Ali Al-Omair said a market exit by high-cost producers could help buoy oil prices in 2016
Sheikh Mohamed met the Russian President in Sochi on Sunday
The company, which established an office in Dubai this year, has signed partnerships with three major electronic retailers
Signs indicate that a recovery will take place in 2016, Qatar’s energy minister Mohammad bin Saleh al-Sada said
Kuwait Petroleum Corp is studying investment opportunities, including petrochemicals, in Asia and North America
Russia’s intervention in Syria has infuriated Syrian President Assad’s regional foes, including Saudi Arabia
The company will provide operation and maintenance services for baggage and material handling systems
The fund, which is estimated to have more than $500bn of assets, is studying whether to liquidate assets that generate annual returns of below 9 per cent
Saudi Arabia has shown interest recently in purchasing flexible assault naval vessels like the Mistral helicopter carriers sold to Egypt as well as multi-purpose Fremm frigates
Mobily restated 27 months of earnings to March 31, 2015, slashing its total profits over the period by nearly SAR 1.76bn ($470m)
Abu Dhabi Commercial Bank only UAE brand to make top ten
The two leaders will meet on Sunday, the Kremlin announced
The ministry has declared October 15, Thursday as a holiday for public sector workers
The soldier was killed when the vehicle he was travelling in overturned on Saturday
The ‘Buroj Ozone’ project will include thousands of housing units, hotels and the largest shopping centre in Bosnia
FIFA has given the Kuwait Football Association until this week to avoid implementing a new set of sports laws
The advisor called for greater international cooperation to reduce speculation and support a healthy oil market
One of Nigeria’s biggest lenders is opening its first branch in Dubai to capitalise on growing Middle East-Africa investment ties
Taiwan’s exports to the UAE have been stagnant over the last year due to a weak yuan and oil price fall, a senior official said
As governments’ oil income shrinks, they are making fewer new deposits in their banking systems, reducing banks’ supplies of excess cash
The interest payments which IPIC said on Thursday it would be paying are on bonds belonging to 1MDB Energy Limited And 1MDB Energy (Langat) Limited
Investcorp’s latest deal complements other companies in its portfolio that have similar interests
Following a visa-waiver agreement with EU, Emirati citizens can now travel to 113 countries without a visa
The project announced in March 2014 has stalled, highlighting Egypt’s habit of promising grandiose ventures and then struggling to deliver
Construction of the 1200 megawatt Hassyan plant would start next year
The airline, which launched new routes to Novosibirsk and Nizhny Novogorod,says it is optimistic about future growth
Both journalists are stable and have been flown to Abu Dhabi for further medical care, officials said
The tender deadline is Friday, October 9 with shipment sought between December and February
Residents told to stop ‘squandering’ water and electricity
A Saudi court upheld a conviction against Dawoud al-Marhoon for taking part in anti-government protests three years ago and ordered him to be executed