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UAE’s $18.7B Bid to Build Global Gas Giant with Santos Takeover

Abu Dhabi’s state-owned oil company has launched a bold move to build global gas giant status by bidding for Australia’s Santos. The offer, valued...
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UAE’s Non-Oil Trade Growth Surges Toward $1tn Target Early

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Saudi Arabia Faces Strain Amid Oil Supply Risk from Iran Disruption

The Saudi oil capacity challenge has taken center stage as regional conflict threatens global oil supply. After Israeli strikes on Iran, prices surged nearly...
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UAE Growth Forecast Rises on Non-Oil Expansion

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UAE’s $18.7B Bid to Build Global Gas Giant with Santos Takeover

Abu Dhabi’s state-owned oil company has launched a bold move to build global gas giant status by bidding for Australia’s Santos. The offer, valued...

More News

UAE’s $18.7B Bid to Build Global Gas Giant with Santos Takeover

Abu Dhabi’s state-owned oil company has launched a bold move to build global gas giant status by bidding for Australia’s Santos. The offer, valued...

UAE’s Non-Oil Trade Growth Surges Toward $1tn Target Early

The UAE is on track to meet its $1 trillion non-oil trade growth target well ahead of schedule. Initially set for 2031, the country...

Saudi Arabia Faces Strain Amid Oil Supply Risk from Iran Disruption

The Saudi oil capacity challenge has taken center stage as regional conflict threatens global oil supply. After Israeli strikes on Iran, prices surged nearly...

Explore more

UAE’s $18.7B Bid to Build Global Gas Giant with Santos Takeover

Abu Dhabi’s state-owned oil company has launched a bold move to build global gas giant status by bidding for Australia’s Santos. The offer, valued...

UAE’s Non-Oil Trade Growth Surges Toward $1tn Target Early

The UAE is on track to meet its $1 trillion non-oil trade growth target well ahead of schedule. Initially set for 2031, the country...

Saudi Arabia Faces Strain Amid Oil Supply Risk from Iran Disruption

The Saudi oil capacity challenge has taken center stage as regional conflict threatens global oil supply. After Israeli strikes on Iran, prices surged nearly...

UAE Growth Forecast Rises on Non-Oil Expansion

The World Bank raised the UAE growth forecast to 4.6% for 2025, up from 4% in January. Strong non-oil sector performance and easing OPEC+...

OPEC Oil Output in May Rises Less Than Planned in Iraq and the Gulf

OPEC oil output in May increased slightly but fell short of expectations, as Iraq and Gulf states limited production boosts. The Reuters survey revealed...

UAE Non-Oil Growth Slows Slightly

Business activity in the UAE’s non-oil private sector eased slightly due to ongoing global tariff uncertainty. Despite this, the country’s economic fundamentals remain strong,...

GULFNAV Brooge Acquisition Strengthens Oil Storage Market

Gulf Navigation Holding PJSC (GULFNAV) has made a big move to expand its operations. The company has now finalized the GULFNAV Brooge acquisition. This...

Adnoc Contract Awards Boost Local Economy

Adnoc contract awards are worth Dh65.7 billion in just the first half of 2025. Nearly 400 local suppliers, contractors, and service providers received these...

UAE Fuel Retail Growth Boosts ADNOC Distribution Profits

UAE fuel retail growth boosts ADNOC Distribution profits as the company reports strong results in the first quarter. The business delivered record fuel volumes...

UAE Fuel Prices May 2025: Petrol Rises Slightly, Diesel Drops

The UAE fuel prices May 2025 have been officially announced. Starting May 1, new petrol and diesel rates will take effect across the country....

UAE Fuel Price Drop Brings Relief in April

The UAE April fuel prices are now lower, giving drivers across the country a reason to smile. On March 31, officials released the fuel...

Uganda Signs Major Oil Refinery Deal with UAE Company

Uganda has taken a big step toward its energy goals by signing a deal with UAE-based Alpha MBM Investments. The agreement gives the company...
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