Middle Eastern oil producers Saudi Arabia and the United Arab Emirates will sharply cut or even halt costly gasoline imports next year after ramping up new refining capacities that put them a step closer to becoming ...
Dubai witnessed a 4.5% gross domestic product growth last year, and a 6.5% rise in employment, driven by long term planned infrastructure and the ideal investment environment offered by the emirate, according to an e ...
The UAE is set to post its first fiscal deficit since 2009 because of lower oil revenues, but it can avoid any serious economic slowdown, the International Monetary Fund said after annual consultations with UAE autho ...
H.H. Dr. Sheikh Sultan bin Khalifa Al Nahyan, Advisor to the UAE President has met with Eng. Sherif Ismail, Egypt's Minister of Petroleum and Mineral Resources.