Oil bulls are starting to picture a world in which China, the engine of demand growth, comes back to the market. And if their analysis is right, the summer is going to be painful for oil consumers everywhere who’re already facing spiraling prices — whether that’s Americans paying about $5 a gallon gasoline, or Brits … Read more
Etihad Airways chief Tony Douglas said Tuesday achieving net-zero carbon emissions by 2050 poses the “biggest challenge” for commercial aviation, in a reality check for the industry. Last year, the International Air Transport Association pledged carbon neutrality by 2050, which is also a target of the United Arab Emirates and several other countries. “The biggest … Read more
Some companies in the United Arab Emirates (UAE) have shown keen interest in investing in Jammu & Kashmir, particularly in its tourism and logistics sectors, commerce and industry minister Piyush Goyal has said. In an interview, he also told ET’s Shantanu Nandan Sharma in Dubai that India will help countries that face food grain availability … Read more
The United Arab Emirates will transition to a four and half-day working week starting next year, with the full weekend falling on Saturday and Sunday, state news agency WAM said on Tuesday. The Gulf state currently has a Friday-Saturday weekend. WAM said as of Jan. 1, 2022 federal government departments would move to the new … Read more
With rubbish piling up in the desert, the United Arab Emirates has found a new way to get rid of its trash — incinerators that will turn it into electricity. The UAE, one of the world’s top exporters, is building the Gulf region’s first waste-to-power plants to ease its chronic trash problem and, at the … Read more
Abu Dhabi will remove the need to quarantine for all vaccinated travellers arriving from international destinations starting Sunday, said the Abu Dhabi government media office on Twitter on Thursday. Source link
Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy, an OPEC+ source said on Wednesday, in a move that should unlock a deal to supply more crude to a tight oil market and cool soaring prices. Brent oil prices fell on the news by as much as $1 per barrel … Read more
The United Arab Emirates on Sunday criticised the current oil output deal among OPEC+ alliance members as unjust, escalating a row that could derail the energy market’s post-pandemic recovery. The UAE‘s push to increase its production baseline is reported to have derailed last week’s meeting of the alliance of oil-producing countries, and also sets it … Read more
The United Arab Emirates has signed a 3.5 billion dirham ($950 million) contract with Abu Dhabi Ship Building (ADSB) to manufacture four new patrol vessels for the Gulf Arab state’s navy, ADSB said on Tuesday. The contract for Falaj 3-class Offshore Patrol Vessels was the largest ever order received by ADSB, it said in a … Read more
The United Arab Emirates played a role in bringing down the tension between India and Pakistan and getting their bilateral ties back to a “healthy functional relationship”, Emirati ambassador to the US Yousef al-Otaiba has said. “They might not sort of become best friends but at least we want to get it to a level … Read more