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There's a 'high probability' to achieve balance in market by year end. (Shutterstock)
April 11, 2019 - 07:25 GMT
UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei on Wednesday said 1.2 million barrels per day output cut target set by oil producers can be revised as per market requirements.
The handing over is to begin at the start of 2021. (Shutterstock)
April 10, 2019 - 18:00 GMT
Situated between Yas Island and Saadiyat Island in Abu Dhabi, the underdeveloped island is to be entirely transformed in a matter of three years and will cost around USD 1.3 billion.
The app also allows for remote payments by entering the site and pump number details. (Shutterstock)
April 10, 2019 - 15:00 GMT
The UAE motorists can now pay for refuelling their cars or buying other products at Enoc and Eppco fuel stations through mobile.
April 10, 2019 - 08:49 GMT
“Such a development will only lead to more insecurity and instability in already conflict-prone regions in the world.”
April 10, 2019 - 07:49 GMT
Social media users have been excited and loving the Baby Shark song being added to the Dubai Fountains playlist.
Almost Dh10 billion will be added to Dubai once data is opened and shared from the private sector. (Shutterstock)
April 10, 2019 - 07:36 GMT
Data will contribute almost Dh10 billion (around $2.72 billion) to Dubai's economy when it will be opened and shared by private sector entities, a senior official of Smart Dubai said on Tuesday.
IMF had hiked the UAE's growth forecast for 2018 and 2019 on the back of higher oil prices. (Shutterstock)
April 10, 2019 - 07:29 GMT
The International Monetary Fund (IMF) on Tuesday revised down the growth forecast for the UAE and the global economy, blaming China's declining growth, increased trade tension between the US and China and euro economy losing more momentum than expected.
Television, movie and music heroes live in Dubai (Shutterstock)
April 10, 2019 - 06:07 GMT
Television, movie and music heroes live in Dubai
Photo: WAM
April 09, 2019 - 15:55 GMT
The athletes of the Sharjah Women's Sports Club, SWSC, a subsidiary of the Sharjah Women’s Sports, have won 16 medals in...
Spring into all kinds of family-friendly entertainment (Shutterstock)
April 09, 2019 - 13:29 GMT
Spring into all kinds of family-friendly entertainment
World-famous comedians arrive this April (Pexels)
April 09, 2019 - 13:15 GMT
World-famous comedians arrive this April
The remittances sent by overseas Pakistanis increased by12 per cent to $14.35 billion in the first eight months of fiscal year 2018-19. (Shutterstock)
April 09, 2019 - 11:22 GMT
Pakistani banks will soon roll out a host of initiatives for overseas Pakistanis to boost remittances, curb illegal money transfers and ease financial constraints for those who are willing to explore job opportunities abroad.
Saoud Abu Sultan tells us everything in this AlBawaba exclusive interview (Source: saoudabusultan - Instagram)
April 09, 2019 - 10:20 GMT
Saoud Abu Sultan is a name you could remember from 'Superstar' or Arab Idol's first season years ago, yet the Emirati singer who had remarkable hit songs in many dialects has certainly faced some struggles in the past couple of years that steered him away from the limelight. About his comeback, his workout routine and his piercings, Saoud tells us everything in this AlBawaba exclusive interview with him as he enjoys Jordanian food in Amman, Jordan.
The financial market manipulation violated all norms of accepted conduct and will not be allowed to go unchecked. (Shutterstock)
April 09, 2019 - 07:47 GMT
Qatar on Monday announced that it has filed legal proceedings in New York and London taking actions against financial institutions that engaged in manipulation of the Qatari riyal, bonds issued by Qatar, and related financial instruments.
Double taxation avoidance agreements allocate taxing rights and ensure individuals and businesses are only taxed once. (Shutterstock)
April 09, 2019 - 06:44 GMT
The Avoidance of Double Taxation Agreement between the UAE and Saudi Arabia, which is expected to facilitate the two-way investment flow, boost bilateral trade and further bolster economic ties, has come into effect at the beginning of April after nearly a year the landmark pact was signed.
Photo: WAM
April 08, 2019 - 15:48 GMT
The Preparatory Committee for the Arab Women Sports Tournament 2020, AWST 2020, has held its second strategy meeting...