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Energy minister says too early to judge whether oil producers will extend output reduction agreement
Nakilat said decline in oil and gas prices and overcapacity in the shipping industry has placed downward pressure on the market
Mohammed al-Sada said it was too early to say whether it would be necessary to extend the pact beyond June
State-owned energy company joins major US, European and Japanese companies for import project
Saad al-Kaabi says state-owned energy giant aims to expand its liquefied natural gas assets abroad
Substantial investment in Gulf power projects needed over next five years, says Ventures Onsite
Meetings are held with Algerian officials to discuss enhanced bilateral cooperation
Trading house Glencore and the QIA recently became Rosneft shareholders in a multi-billion-dollar deal partly funded by Italian bank Intesa
Khalid al-Falih said Saudi Aramco is operating about 220 drilling rigs thanks to continued investment in capacity despite low oil prices
Loan was a stopgap until other financing was put in place but the fact that it was required shows last-minute scramble by the Kremlin and its allies to get the Rosneft sale over the line
For weeks, Gaza's population of 2 million has been making do with barely a few hours a day of electricity
Agreement follows the acquisition of a 19.5 percent stake in Rosneft by Qatar Investment Authority fund and Glencore last month for $11.8 billion
Rosneft chief executive Igor Sechin called privatisation deal the largest in Russia's history
Loan will help Glencore and Qatar's sovereign wealth fund buy a 19.5% stake in Russian oil company
Nebras' chief executive Khalid Jolo said in October the company planned to acquire the stake from France's Engie by the end of 2016
First orders of Model S and Model X vehicles are expected to be delivered in Dubai this summer...
Everyone from celebrities to fashion bloggers show off their style
List of top 30 CEOs in Abu Dhabi and Dubai
Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan will be the chief guest of honour...
Download these mobile money-makers to your smartphone and start saving
Annual award ceremony saw more celebrities opt for Arab designers
Bringing the magic from the screen to the red carpet, the final night of the Dubai International...
Welcome to the 2016 Arabian Business guide to the world’s most influential young Arabs.
Dubai ranked eighth while classic romantic destinations such as Venice came in ninth place
Was it planned? So lightly summoned. Generates a lot of free Dubai publicity more
Wonder what the Chance cards will look like?
"You have been accused of making an obscene gesture. GO TO JAIL. DO NOT PASS GO"
"Your cheque... more
With people like Sharjeel Azhar on the driving seat of Al Ittefaq Steel, this industry will see new heights in progress and prosperity. more
Looking at the strategy being played out in Downtown and at Dubai Mall it looks like someone has already worked out that the game is up with regard US... more
Just ponder over it for a moment; ethical leadership enhances the company’s reputation in the financial market and society at large. A solid reputation... more
Can't wait to pay 5% VAT on my DEWA housing fee - tax on tax!
I feel with VAT in place from 2018, retailers, SMEs will figure out ways of Tax-evasion as it happens in most of the developing economies unless authorities... more