NMDC Energy is a key offshore contractor for the state giant Adnoc, which is embarking on a major investment drive to boost its oil production capacity to 5 million bpd …
UAE’s largest offshore yard hit sees net profit drop 63% on ‘cost overruns’ and logistics challenges
NMDC Energy is a key offshore contractor for the state giant Adnoc, which is embarking on a major investment drive to boost its oil production capacity to 5 million bpd …
United Arab Emirates ditches OPEC
The United Arab Emirates announced on Tuesday that it will depart from the Organization of the Petroleum Exporting Countries on May 1, 2026. In an official statement delivered via the Emirates News …
Sharjah Police arrest man for producing drug-laced E-cigarettes
The Sharjah Police General Command, through its Directorate of Drug Prevention and Control, has reported the arrest of an Asian national after …
Sharjah Police arrest man for producing drug-laced E-cigarettes
The Sharjah Police General Command, through its Directorate of Drug Prevention and Control, has reported the arrest of an Asian national after …
Sharjah Police arrest man for packing drugs into e-cigarettes to distribute
The suspect had converted his residence into a small facility for filling electronic cigarettes and packaging them with narcotic substances …
UAE to leave OPEC in win for Trump against oil cartel
President Donald Trump has accused OPEC of “ripping off the rest of the world” by inflating oil prices.
UAE exits OPEC and OPEC+, seeking output flexibility as global energy markets tighten
UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.
UAE Leaving OPEC at Right Time, Energy Minister Says
The United Arab Emirates is leaving OPEC on May 1, dealing a blow to the group and its leader Saudi Arabia. UAE Energy Minister Suhail Al Mazrouei tells Bloomberg’s Joumanna Bercetche that the timing …
UAE to quit OPEC in blow to world’s leading oil exporters
UAE Energy Minister Suhail Al Mazrouei tells Becky Anderson that the UAE’s decision to leave OPEC and OPEC+ was made “after a very careful review of its policies.” …
United Arab Emirates says it will permanently leave OPEC on May 1
UAE officials said the decision to depart the OPEC oil cartel comes after an “extensive review” of the country’s oil production policy.
UAE quits Opec in ‘pivotal moment’ for oil producing group – as it happened
The United Arab Emirates will leave Opec on 1 May, in a blow to the group of oil producers …
‘You love Dubai … Dubai loves you back’: Viral video of Sheikh Mohammed meeting 9-year-old boy Roger Xie
Viral video shows Sheikh Mohammed meeting 9-year-old Roger Xie after his heartfelt letter, gifting a UAE flag pin and signed Lessons from Life, and assuring Dubai will always be safe for him and his f …
UAE to exit OPEC and OPEC+ starting May 1
The United Arab Emirates will exit OPEC and OPEC+ starting May 1, according to state-run WAM news agency. The UAE Energy Minister told Reuters the decision came after a careful review of strategies …
United Arab Emirates to leave OPEC+ in May, dealing blow to oil bloc
The United Arab Emirates, one of the world’s major oil producers, will leave the Organization of Petroleum Exporting Countries (OPEC/OPEC+) effective May 1, state news agency WAM said Tuesday morning.
OKX, BlackRock and Standard Chartered launch joint framework to establish new utility for Tokenized Real-World Assets
OKX to accept BlackRock’s tokenized short-term US treasury fund, BUIDL, as yield-bearing collateral for trading …
20 luxury hotels coming soon to Dubai
From high-end luxury hotels that soar into the clouds to floating villas, Dubai has big plans for those who like the finer things in life.