Two of the world’s leading oil bodies have warned that the global glut of crude will last well into next year. The International Energy Agency has attributed the surplus to weak demand coupled with ballooning inventories and rising supply. Meanwhile, the Organization of the Petroleum-exporting Countries (OPEC) predicted a larger excess in 2017 due to new fields in non-member countries and the unexpected resilience of American shale drillers.
Parkin expands into Sharjah's Aljada with partnership with Arada
Starting today, Parkin has expanded its smart paid parking services to Sharjah's Aljada following a five-year partnership with developer Arada.
US states sue to block Paramount’s $110 billion Warner Bros Discovery deal
California and 11 states have sued to block Paramount's $110 billion acquisition of Warner Bros. Discovery, alleging the deal would create a media behemoth with the power to raise prices in film and television.
Dubai steps up coordination to boost supply chains, trade flow
The Dubai Ports Authority has held a coordination meeting with shipping companies, cargo operators and key partners to enhance the efficiency of container movement and goods through Dubai's ports.
Masdar reaches financial close for $6.1 billion 24/7 clean energy project
Abu Dhabi Future Energy Company, Masdar, has announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialisation of the next generation of clean energy infrastructure.
Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gap
Volkswagen may need to cut about 50,000 more jobs to match the competitiveness of rivals, its CEO told staff in an internal memo, effectively confirming for the first time that the automaker is looking to reduce up to 100,000 positions.
6:00am - 10:00am
The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
10:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
