Oil prices plunged by almost 30 per cent on Monday, after OPEC’s failure to strike a deal with Russia regarding production cuts - it's steepest one-day fall since the 1991 Gulf War.
Saudi Arabia's move to raise crude output has impacted global stock markets, with London’s FTSE down 9 per cent. That followed are sharp sell-off in Asia, where Australian share fell 7 per cent.
By 8:45 am GMT, a barrel of Brent crude had recovered to around $36 a barrel - a decline of 20 per cent.
Dubai World Trade Centre welcomes 2.65 million attendees in 2024
Dubai World Trade Centre (DWTC) has unveiled its 2024 results, welcoming 2.65 million event participants in 2024, marking a seven per cent increase compared to the previous year.
Greenpeace must pay $667m over US Standing Rock protests
Greenpeace must pay a Texas-based pipeline company nearly $667 million (AED 2.4 trillion) in damages for the environmental advocacy group’s role in 2016-2017 protests against the Dakota Access Pipeline in North Dakota, a jury said Wednesday.
Sheikh Tahnoon discusses latest advancements in AI with Musk, Ellison
His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser, has discussed ways to expand collaboration in key sectors where AI can play a transformative role during talks with Elon Musk and Oracle CTO Larry Ellison.
UAE, Tunisia launch CEPA negotiations
The UAE and Tunisia have announced the start of negotiations for a Comprehensive Economic Partnership Agreement (CEPA) to strengthen bilateral trade and investment.
Google charged with breaching EU rules, Apple told to open up to rivals
Alphabet unit Google was hit with two charges of breaching landmark EU rules on Wednesday while Apple was ordered to help rivals connect with its iPhones and iPads, as antitrust regulators continued a crackdown against Big Tech.
11:00am - 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.
1:00pm - 4:00pm
Every weekday afternoon, Helen Farmer will help you to navigate the highs and lows of life in the UAE. Stay up to date with what’s happening and where to go.
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!
