Business

"If there is a higher demand [for oil], I can assure you that we will bring more barrels into the market," says Suhail Mohamed Al Mazrouei, the UAE’s Energy and Infrastructure Minister.

Abu Dhabi National Oil Company (ADNOC) is increasing the size of its initial public offering from 1.2 billion ordinary shares to 1.76 billion ordinary shares, which equates to 11 per cent of ADNOC Drilling’s total issued share capital.

Dubai's economy is projected to record a growth of 3.1 per cent this year and 3.4 per cent in 2022.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai has announced the creation of Dubai Integrated Economic Zones Authority.

Nearly 16,000 new companies joined Dubai Chamber in the first eight months of 2021, bringing its total membership to over 275,000.

US travellers are showing a growing interest in flying to Dubai as travel restrictions ease between the UAE and America.

Abu Dhabi is assisting Jordan in establishing a new cruise terminal.

The UAE and UK have signed an agreement to ramp up efforts for environmental protection.

In his capacity as the Ruler of Dubai, Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued a decree on the Dubai International Arbitration Centre (DIAC).

Majid Al Futtaim is set to create thousands of career opportunities for Emirati talent across multiple industries in response to the UAE Government’s NAFIS programme.

The UAE and the UK have agreed to establish an ambitious 'Partnership for the Future' that will strengthen the historic relations that the two countries share.

The UAE and the UK have signed an agreement to significantly expand the UAE-UK Sovereign Investment Partnership (UAE-UK SIP), which was announced in March 2021.

Dubai-based carrier has started a worldwide campaign to recruit 3,000 cabin crew and 500 airport services staff to join its Dubai hub over the next six months.

A new action plan has been adopted with the aim of developing Dubai’s digital economy strategy.

The value of the UAE's non-oil foreign trade surged to AED 1.4 trillion in 2020, despite the challenges triggered by the COVID-19 pandemic.

Nearly 60 major agreements were signed at the government and private-sector levels between the UAE and Israel.

Apple Inc unveiled the iPhone 13 and a new iPad mini on Tuesday, expanding 5G connectivity and showing off faster chips and sharper cameras without raising the phone's price.

Air Arabia has launched a new flight service to Entebbe in Uganda.

The Abu Dhabi National Oil Company (ADNOC) has set its share prices at AED 2.30 for its initial public offering.

Air Arabia has announced that it will be resuming direct flights between Sharjah and Saudi Arabia from September 14.

Etihad Airways has upgraded its 'Verified to Fly' service, which will allow travellers to have a faster check-in experience at the airport.

Etisalat, Emirates Steel and TAQA are the first three companies to join the National ICV programme launched to support local suppliers and get them more preference for commercial contracts.

German rail operator Deutsche Bahn made an improved offer to train drivers on Saturday in a bid to avert a fourth strike in a pay dispute that has already paralysed large parts of passenger traffic over the holiday season.

Technology Innovation Institute in Abu Dhabi has announced the launch of the first-in-the-region Motion Capture (MOCAP) facility to enable testing using augment or mixed reality.

Children aged between 15 and 18 can now take up part-time work in the UAE.

DEWA's hydroelectric power station is 29 per cent complete.

Indonesia and the UAE are in conversation to deepen trade and investment relations.

Emirates Airline has transported over 1.2 million passengers in July and August, compared to 402,000 customers during the same period in 2020.

DEWA's Seawater Reverse Osmosis (SWRO) desalination plant is 92.4% complete.

The Sharjah Chamber of Commerce & Industry (SCCI) is leading a trade mission to Russia, set to take place from September 7 to 12 in Moscow and Saint Petersburg.

Beijing city is considering taking Didi Global under state control and has proposed that government-run firms invest in the Chinese ride-hailing company, Bloomberg News reported.

More than 20,000 trees have been planted to form a lush green belt around the Expo 2020 Dubai site.

Expo 2020 Dubai has reaffirmed its commitment to gender equality and women’s empowerment.

Expo 2020 Dubai and the United Nations Global Compact are joining forces to hold a Sustainable Development Goals Business Forum.

More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai.

A spectacular line-up of sights, sounds and tastes await visitors at Expo 2020 Dubai, through a series of specially curated itineraries.

Apple on Tuesday launched the iPhone 12 with faster 5G connectivity, which the company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.