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.
H.H. Sheikh Hamdan meets with X CEO
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, met with the CEO of X, formerly known as Twitter, Linda Yccarino, to discuss the UAE’s strategic direction in digital transformation.
Etihad's nine-month profit surges 66%
Etihad Airways has reported a strong performance for the first nine months of 2024, posting a profit after tax of AED 1.4 billion, a 66% increase from AED 814 million in the same period last year.
Lulu Retail starts trading on ADX following mega IPO
Lulu Retail Holdings PLC, commenced trading on the Abu Dhabi Securities Exchange (ADX) on Thursday following its Initial Public Offering and trading under the ticker 'LULU'.
Russia and Iran link banking systems to evade sanctions
Iranian bank cards can now be used in Russia, after the two countries linked their banking systems to evade sanction, state broadcaster IRINN reported.
Salik posts AED822 million net profit in nine months
Salik Company announced its financial results for the nine-month period ended on September 30, registering a net profit of AED 822.0 million after tax, up 2.4 per cent YoY.
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Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.
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!
