Saudi Arabia's Energy Minister says he hopes oil producers will be able to balance the oil market before next year.
Khalid al-Falih made the comments on Saturday on the sidelines of a meeting of G20 energy and environment ministers in Japan.
Earlier this month he said OPEC was nearing an agreement that would extend a pact on cutting oil supplies after June.
However al-Falih said more talks were needed with non-OPEC countries that are part of the deal.
Dubai to host inaugural Global Government Cloud Forum
The Dubai Electronic Security Centre (DESC), in partnership with the World Bank Group, will host the Global Government Cloud Forum on January 21, 2025, at the Museum of the Future.
Honda, Nissan aim to merge by 2026 in historic pivot
Honda and Nissan are in talks to merge by 2026, they said on Monday, a historic pivot for Japan's auto industry that underlines the threat Chinese EV makers now pose to the world's long-dominant legacy car makers.
New hub for Emirati businesses launches at DXB
A new hub dedicated to empowering young Emirati entrepreneurs has opened its doors at Dubai International Airport (DXB), as the UAE aims to bolster its youths' international presence.
ADNOC drilling expands fleet with new jack-up rigs
ADNOC Drilling has enhanced its operational capabilities by receiving two new jack-up rigs, set to become operational in the first quarter of 2025.
Rupert Murdoch's News Corp to sell Foxtel to Britain's DAZN for $2.1 bln
News Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network for A$3.4 billion ($2 billion) including debt, cutting the Murdoch-controlled media empire's exposure to a business up-ended by streaming platforms.
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The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
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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!
