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UAE Tuesday adopted the general budget for the years 2022- 2026with federal spending of $78.96 billion, Zawya reports. The cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai also Read more
As oil prices rise to hit a four-year high of $70 a barrel, the UAE’s Energy minister Suhail al-Mazrouei expects the markets to stabilize after a dip that lasted since the end of the expensive oil era in 2014. He Read more
The National Oil Company will reduce its production share by 139, 000 barrel per day from November to meet agreement with Organization of the Petroleum Exporting Countries (OPEC). The Country’s energy minister, Suhail Al Mazrouei said Abu Dhabi National Oil Read more