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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Over 3,200 residents purchase first homes under Dubai scheme
Dubai's First-Time Home Buyer Programme has helped more than 3,200 residents purchase their first homes in the emirate since its launch in July last year.
H.H. Sheikh Hamdan hails DIFC’s impact on Dubai’s global competitiveness
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has commended the Dubai International Financial Centre's (DFIC) contributions to the emirate’s long-term economic growth and global competitiveness.
Dubai World Trade Centre posts record AED25.03 billion profit for 2025
The Dubai World Trade Centre has posted a record profit of AED25.03 billion for 2025 - a 12 per cent year-on-year increase.
H.H. Sheikh Hamdan: Dubai economic zones post record AED491bn in non-oil trade
The Dubai Integrated Economic Zones (DIEZ) recorded their strongest performance on record in 2025, with non-oil trade reaching AED491 billion, according to His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence.
Thani Al Zeyoudi meets Belarus PM during official visit to Minsk
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, has concluded a visit to Belarus, where he held bilateral meetings with senior officials, including Prime Minister Alexander Turchin, Minister of Foreign Affairs Maxim Ryzhenkov, and Minister of Economy Yuri Chebotar.
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Pinoy Expat Corner
Why did they choose bowling as their hobby, and what makes it unique compared to other activities?
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What’s the difference between fishing here in the UAE compared to the Philippines?
