The Trump administration announced two more payouts Monday for energy companies to walk away from U.S. offshore wind projects under development. Bluepoint Wind and Golden State Wind have agreed to end …
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 …
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 leaves Opec in huge blow to global oil producers’ group
The United Arab Emirates said on Tuesday it quit Opec and Opec+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a …
United Arab Emirates leaving OPEC, effective May 1
The UAE was the third-largest producer in OPEC in February, behind Saudi Arabia and Iraq.
UAE announces decision to exit OPEC & OPEC+
The United Arab Emirates on Tuesday announced its decision to exit the Organisation of the Petroleum Exporting Countries (OPEC and OPEC+), effective 1 …
UAE exits OPEC, OPEC+ from May 1 in strategic shift to boost output flexibility
Move seen as a blow to cartel cohesion as Abu Dhabi signals higher production and greater autonomy amid volatile global energy markets …
UAE to leave OPEC and OPEC+ oil producer groups
The United Arab Emirates said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a …
GCC board diversity reaches 7%; UAE leads with 15% female representation
The UAE maintained its position as the regional leader for the third consecutive year, with women occupying 15% of board seats across its stock exchanges, up from 14.7% in 2025 …
Accounting Services in Dubai That Turn Financial Pressure Into Control
Your business is busy. Sales are moving, the team is growing, and you are putting in long hours every week. On the outside, things look healthy. But on the insi …
UAE’s largest offshore yard hit with ‘cost overruns’ and logistics challenges, net profit drops 63%
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 …
For Sharjah Biennial 17 the past is not dead. It’s not even past. It transfigures
Sharjah Art Foundation (SAF) has announced the title, curatorial framework and participant list for the 17th edition of Sharjah Biennial. Its theme …
Dubai Residential REIT revenue jumps 8.4% as occupancy hits 98.9%
Dubai Residential REIT posted 8.4% revenue growth in Q1 2026, with occupancy reaching 98.9%, as strong leasing demand boosts Dubai’s resilient residential property market. Dubai Residential REIT …