The fuel price committee raised retail prices for Super 98, Special 95, and E-Plus 91 by as much as 0.06 fils per litre in August
Adani Energy, a power transmission and distribution company, raised funds through a Qualified Institutional Placement
Covestro said in June it was stepping up talks with ADNOC after the UAE’s national energy company made an improved takeover bid
Durov, who lives in the Jumeirah Islands, plans to open-source his DNA so that his biological children can trace each other
Non-oil trade between the UAE and Chile reached $306m in 2023 with both countries aiming to triple this figure by the end of 2030
The fare for each stop is Dhs2, making it an affordable option for residents and tourists alike
The funds will be distributed in the UAE by locally licenced promoters, including onshore conventional and Shariah-compliant consumer banks
The CEO of Dubai South Properties says the developer is on track to complete and deliver approximately 2,500 units by 2025
The move came a month after the European Commission began investigating an unlimited guarantee and a loan from UAE-controlled banks that facilitated the deal
The fuel price committee reduced retail prices for Super 98, Special 95, and E-Plus 91 by 15 fils per liter in July compared to the previous month
Dubai’s roads authority cautioned motorists of delays on the Emirates Road between the intersection of Hatta Road and Al Ain Road
The company has invested in renewable projects around the world at different stages of development, valued above $30bn
The talks, if successful, would create one of the world’s largest free trade areas worth $2.4tn
The increase in road capacity aims to reduce reduce travel time for traffic coming to the mall from Abu Dhabi and Umm Suqeim
Dubai’s hotel sector continues to perform well, with an average occupancy rate of 78.7 per cent, up from 77.7 per cent in the same period in 2023
The General Commercial Gaming Regulatory Authority (GCGRA) has launched its official website, which had previously been password-protected
The UAE’s CEPA programme aims to increase the country’s non-oil foreign trade to Dhs4tn by expanding relations with strategically important markets around the world
For the week, Brent was trading down more than 1 per cent while WTI fell beyond 3 per cent
Brazil’s Mines and Energy Minister Alexandre Silveira said Petrobras will only enter into an agreement if the buyback is “economically viable”
A significant percentage of UAE consumers indicated they would consider switching payment providers if they lost access to airport lounges
Investors from the Middle East bring cash and expertise to such projects
Air Chateau envisions a future where eVTOLs complement its helicopter fleets and can be deployed from existing infrastructure
DTC said its taxi segment benefited from higher tariffs, and an increased number of dedicated airport taxis, in the reporting period
The world’s second-biggest bullion consumer slashed import duties on gold and silver to 6 per cent from 15 per cent
ESG reported a substantial revenue increase to Dhs640m, representing an impressive 140 per cent year-on-year increase
Masdar will invest EUR817m in the transaction, which values the portfolio at EUR1.7bn, making it one of Spain’s largest renewable energy deals
The Farnborough Airshow was overshadowed by the negative impact on the overall industry due to Boeing’s recent difficulties
Paris 2024 is integrating sports into the city’s fabric and will host the opening ceremony of the Olympics along the River Seine
As per the ICP announcement, tourists will be able to obtain health insurance while applying for their visas, through the ICP website or the app
Customer financing increased by 15 per cent YTD, with Dhs16bn of new financing extended in the January-June period