Brent crude jumps 9.6% to $83.30 amid Hormuz risks
Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained...
Tag : United Arab Emirates
UAE President meets El-Sisi for talks in El Alamein
UAE President Sheikh Mohamed bin Zayed Al Nahyan arrived in El Alamein on July 12 for a fraternal visit to Egypt. Egyptian President Abdel Fattah...
flydubai to restart daily Dubai-Aleppo flights on July 20
flydubai will restart daily nonstop flights between Dubai and Aleppo on July 20, 2026, restoring the route after nearly 14 years. The service will link...
Developing Asia FDI reaches $644 billion in 2025
Developing Asia attracted $644 billion in foreign direct investment in 2025, up from $623 billion a year earlier, United Nations Trade and Development said in...
Dubai Customs helps seize 1.332 tonnes of Tapentadol
Dubai Customs helped foil a major drug shipment after sharing intelligence that led authorities in an African destination country to intercept about 1.332 tonnes of...
UAE and Germany review strategic ties in Berlin
H.H. Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, met Alexander Dobrindt, Germany’s Federal Minister of the Interior,...
GME posts strongest trading week in two decades
Gulf Mercantile Exchange recorded the highest weekly trading volume in its history during the week of May 11, 2026, with more than 69,052 contracts traded,...
UAE mediation delivers 410 Russia Ukraine swap
Russia and Ukraine exchanged 205 prisoners of war each on Friday in the latest swap credited to mediation by the United Arab Emirates, bringing the...
Air Arabia Q1 profit slips as regional disruption bites
Air Arabia reported a net profit of AED 278 million for the first quarter ended March 31, 2026, as regional airspace closures and temporary operational...
ADNOC Gas posts resilient Q1 profit despite disruption
ADNOC Gas reported first quarter net income of $1.1 billion, underscoring resilient earnings despite disruption to maritime movements through the Strait of Hormuz. The company...