OPEC has agreed to cut oil production for the first time in eight years. The announcement came as the trading bloc, of which the UAE is a member, battles a weak market and a global glut of crude. It was proposed to reduce output to between 32.5 and 33 million barrels per day. Details of the deal, including targets for each country, are still to be finalised.

Dubai Ports Authority ensures round-the-clock maritime services
UAE, Azerbaijan enter Comprehensive Economic Partnership Agreement
Dubai Properties awards AED 1.1 billion in contracts to advance Villanova community
Parkin to operate parking spaces near Binghatti developments
UAE, Uzbekistan explore partnerships in new economy sectors
