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 $7.29, or 9.6%, to settle at $83.30 a barrel. U.S....
Tag : United Arab Emirates
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 El-Sisi received him at El Alamein International Airport. The leaders...
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 Dubai International Airport with Aleppo International Airport in northern Syria....
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 its World Investment Report 2026. The gain kept the region...
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 Tapentadol tablets. The consignment originated in Asia and moved by...
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, in Berlin for talks covering bilateral relations, regional security developments...
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, equal to about 69 million barrels of Oman crude oil,...
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 total number of captives released in the operation to 410....
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 restrictions weighed on capacity during the period. The Sharjah based...
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 said it generated $572 million in free cash flow and...