United Arab Emirates

World stocks skid as consumer data flashes recession worry

Global stock markets slipped for the second straight day on Wednesday and bond yields inched lower on growing fears that…

3 years ago

Oil prices fall after truce in Middle East conflict, petroleum reserve news

Oil prices fell at the start of Asian trade on Sunday, after the United Arab Emirates and the Iran-aligned Houthi…

4 years ago

UAE, Saudi say OPEC+ should not play politics

The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers'…

4 years ago

Morning Bid: “What a mess”

Global markets surged overnight as traders hailed China's pledge to support its economy, chased an elusive breakthrough for a ceasefire…

4 years ago

Binance gets its first Gulf crypto licence in Bahrain

The world's largest cryptocurrency exchange Binance has been given a crypto-asset service provider licence by Bahrain's central bank, its first…

4 years ago

Oil firms amid supply worries, but heads for sharp weekly decline

Oil prices rose on Friday but were on track for their biggest weekly declines since November after see-sawing on fears…

4 years ago

Analysis: UAE corporate tax may dilute competitive edge, as Saudi Arabia steps up

The United Arab Emirates' plans for a corporate tax risk eroding one of its main attractions as the Gulf's premier…

4 years ago

Analysis: OPEC+ meets quickly, sticks to script, dodges debate on geopolitics

After a month in which oil prices surged 15% and geopolitical tensions seethed around the world, OPEC and its allies…

4 years ago

Oil rises on geopolitical risks, supply shortage

Oil rose on Monday as a supply shortage and political tensions in Eastern Europe and the Middle East put prices…

4 years ago

Oil rises on elevated geopolitical risks in Europe and Middle East

Oil prices rose on Monday on worries about supply disruption amid concerns about Russia-Ukraine discord and rising tensions in the…

4 years ago