Local energy experts are sceptical whether or not the new deal by Organisation of Petroleum Exporting Countries (OPEC) will stick. On Wednesday, the OPEC agreed to the first cut in oil output in eight years. The move, which is aimed at boosting the price of oil, will see production cut by about 1.2 million barrels a day from January. Ed Bell, Commodities Analyst for Emirates NBD, is wary of OPEC members adhering to the deal.
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'The Yard' to become Palm Jebel Ali’s first retail, lifestyle hub
Dubai Retail has announced The Yard, set to become Palm Jebel Ali’s first retail and lifestyle destination.
Apple debuts passport-shaped foldable phone Duo
Apple on Wednesday unveiled a foldable phone called Duo, introducing the biggest change in years in the company's flagship product.
Dubai Holding signs single largest building contract valued at AED 5 billion
Dubai Holding has signed the single largest building contract valued at AED 5 billion for the Group's new headquarters and Jumeirah Residences Emirates Towers.
DP World strengthens Kenya commitment with new industrial park
DP World and Kenya-based GulfCap Africa have signed an agreement to develop the Mombasa Industrial Park, a planned 222-hectare Special Economic Zone in Kenya.
Trade through Dubai’s Hatta crossing surges 175%
Dubai’s Hatta Customs Crossing recorded a major increase in trade during the first half of 2026, with the value of goods passing through the crossing rising 175 per cent year-on-year.
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Pinoy Expat Corner
Why did they choose mountain biking as their sport? What makes mountain biking different from regular road cycling?
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Pinoy Expat Corner
Why is it important for them to preserve Ilokano culture and traditions even while living far from the Philippines?
