UAE leaving OPEC could increase crude oil supply to India via the Fujairah pipeline, reducing dependence on the Strait of Hormuz and strengthening India’s energy security.
Dubai drops Dhs750k property threshold for solo investor visas
The update, published on the Dubai Land Department’s Cube platform, replaces the previous Dhs750,000 threshold with a more targeted framework based on ownership structure rather …
Explainer: What UAE’s exit from Opec means for India’s fuel equation
The UAE’s departure from OPEC+ on May 1 marks a historic shift in global oil dynamics. While short-term volatility persists due to West Asia tensions, the move allows the UAE to increase production …
Sharjah Taxi transports over 2.11 million passengers in Q1 2026
Sharjah Taxi has announced strong operational performance during the first quarter of 2026, transporting more than 2.11 million passengers, with a daily …
Expo Centre Sharjah to launch Eid Al Adha Exhibition on May 20 with participation of over 100 brands
The 12-day exhibition will feature participation from more than 100 brands, offering discounts of up to 75% on a wide range of international, regional, and local products …
The Real Reason the UAE Is Quitting OPEC (Hint: It’s Not Just About Oil)
The Emirati strategy can best be summed up as ‘take the money and run,’ says Johns Hopkins economist Steve H. Hanke.
Dubai Records the World’s Lowest Electricity Customer Minutes Lost at Just 49 Seconds Per Year
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA has set a new world record for the lowest electricity customer minutes lost (CML), at just …
Dubai conducts field campaigns to regulate recreational motorcycle rental activity
Dubai’s Roads and Transport Authority (RTA), in cooperation with the relevant government entities, carried out a series of comprehensive field inspections …
Banks in UAE suspend banking services via WhatsApp
Banks in the UAE have announced they will no longer provide banking services through WhatsApp, following directives issued by the Central Bank of the UAE.
Dubai two-year property investor visa guide: Eligibility, fees and documents explained
Dubai: Getting a two-year property owner visa in Dubai just got easier as the Dubai Land Department (DLD) announced that the requirement for a minimum property …
Dubai residential visa: You no longer need minimum 7.5 lakh dirhams to buy a property, Dubai Land Department makes visa rules easier
Dubai has removed the minimum property purchase value for sole owners seeking a two-year real estate investor residency visa. For jointly owned properties, each investor now needs a minimum share of …
7 long-stay hotel apartments in Dubai
Offering the perks of a hotel with the comfort of a place to call your own, long-stay hotel apartments in Dubai have long been the cure for rental commitment-phobes, or those who …
Sharjah launches Dh1,000 instant industrial licence for entrepreneurs, investors
The Sharjah Economic Development Department has announced a new initiative offering instant industrial licenses for just Dh1,000, to encourage entrepreneurs and investors to enter the industrial …
Abu Dhabi saw prewar property boom with best-ever first quarter
Sales in the first three months of 2026 were almost half of the total figure for 2025, according to the sector’s regulator ADREC.
What a UAE exit from OPEC means and why it matters
The UAE announced it is quitting OPEC after 59 years, a move experts say could boost oil production and ultimately lower global energy prices.
Dubai Founders HQ and Plug and Play accelerate tangible commercial pathways between startups and corporates
In just 100 days, 23 startups engaged across first wave of accelerator programmes, generating 15 advanced proof-of-concept opportunities and 3 signed agreements with 5 corporate partners …
Citadel secures Dubai approval, prepares launch in UAE hedge fund hub
Citadel’s arrival is likely to intensify competition for trading talent in the Gulf as global firms continue building teams in the region.