The provisions of the Dubai Virtual Asset Regulation Law will be applicable across the emirate, except the Dubai International Financial Centre …
Russian oligarchs are escaping sanctions by taking their private jets and yachts to places like Dubai and the Maldives
“Having a Russian passport or Russian money now is very toxic — no one wants to accept you, except places like Dubai,” a Russian businessman told NYT.
TIME to Host Inaugural TIME100 Gala and Impact Awards at the Museum of the Future on March 28, Bringing its Iconic TIME100 Franchise to Dubai
On March 28, TIME will reveal the recipients of its inaugural TIME100 Impact Awards at the Museum of the Future.
How Dubai’s financial services regulation has evolved to keep pace with innovation
While the UAE’s anti-financial crime framework has come under increased monitoring of late, the Financial Action Task Force (FATF) has recognised the positive progress made towards the country’s …
How a Dubai-based businessman became an award-winning photographer
Thomas Vijayan’s early years of hard work enabled him to focus on passion for wildlife Dubai-based businessman and photographer Thomas Vijayan believes that it is important to focus on what you …
Dramatic last day battle in Abu Dhabi Desert Challenge
The Abu Dhabi Desert Challenge has produced many final day dramas down the years, and another thrilling climax is assured as the rally returns from the spectacular Al Dhafra dunes to the UAE capital.
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Sharjah Airport records more 7 million passengers in 2021
Last year, the Sharjah Airport served over 7 million passengers with more than 57,000 aircraft movements, with an approximate number of 1.2 million passengers recorded in December, which is consistent …
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Oil jumps after UAE says it is committed to OPEC+ supply pact
Oil prices rebounded on Thursday after the United Arab Emirates said it is committed to major producers’ pact to add 400,000 barrels per day of supply monthly, hours after UAE’s ambassador to …
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UAE says it is committed to OPEC+ agreement, monthly mechanism
The United Arab Emirates is committed to the OPEC+ agreement and its existing monthly production adjustment mechanism, its energy minister said on Wednesday, hours after the Arab country’s ambassador …
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Live updates: UAE to urge OPEC to consider boosting output
WASHINGTON — The United Arab Emirates said Wednesday it will urge OPEC to consider boosting oil output. The announcement followed a U.S. ban on imports of Russian oil, the latest in a series of …
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Sharjah Airport records over 7 million passengers in 2021
During 2021, the Sharjah Airport Authority intensified efforts to strengthen its ambitious goals at various levels — launching numerous services and operations, attracting new airlines, initiating …
Price second on penultimate stage in Abu Dhabi
Red Bull KTM’s Toby Price has moved up to third overall in the Abu Dhabi Desert Challenge with a second place on the penultimate stage. Price had a tough start to Round 2 of the FIM Rally-Raid World …
UAE committed to OPEC+ agreement and existing mechanism -UAE energy minister
The United Arab Emirates is committed to the OPEC+ agreement and its existing monthly production adjustment mechanism, the UAE energy minister, Suhail al-Mazrouei, said on Twitter late on Wednesday.
Oil prices tumble after UAE says it wants OPEC to increase production
The oil market has been stretched incredibly thin, with few willing — or able — producers to replace Russia’s taboo fossil fuel supply. Queue the United Arab Emirates, which suggested it may be …
Oil prices plunge as UAE supports supply boost
Oil prices have plunged after the United Arab Emirates said it supported increasing production.Brent crude, an international benchmark, fell more than 17% at one point after the statement by the UAE, …
UAE favors raising oil production: Envoy
The United Arab Emirates (UAE) favors an increase in oil production and will encourage the OPEC to raise it production levels, the Emirates’ ambassador to Washington said Wednesday. “The UAE has been …
Oil records worst day since pandemic as UAE calls for output hike
Global oil prices on Wednesday posted their biggest plunge since the early pandemic days nearly two years ago, after the United Arab Emirates said the OPEC member would support increasing output into …