UAE

Energy Repair Cost Surges as Middle East Infrastructure Damage Widens

Energy repair cost concerns have intensified across the Middle East after recent conflict damage to critical infrastructure. The energy repair cost now reflects a...

Strait of Hormuz Reopens After US-Iran Ceasefire, Energy Flows Resume

Strait of Hormuz is back in operation following a two-week ceasefire agreement between the United States and Iran. The deal aims to prevent further...

Energy Repair Cost Surges as Middle East Infrastructure Damage Widens

Energy repair cost concerns have intensified across the Middle East after recent conflict damage to critical infrastructure. The energy repair cost now reflects a...

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Energy Repair Cost Surges as Middle East Infrastructure Damage Widens

Energy repair cost concerns have intensified across the Middle East after recent conflict damage to critical infrastructure. The energy repair cost now reflects a...

Gulf Economy Shock Spreads Across Middle East as Energy, Trade, and Investor Confidence Decline Amid Regional Conflict

A Gulf economy shock continues to spread across the Middle East as regional conflict intensifies. This Gulf economy shock affects trade, energy flows, and...

Strait of Hormuz Reopens After US-Iran Ceasefire, Energy Flows Resume

Strait of Hormuz is back in operation following a two-week ceasefire agreement between the United States and Iran. The deal aims to prevent further...

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UAE Oil Pipeline Route Key to Pakistan’s Energy Backup Plan

The UAE oil pipeline route is becoming essential to Pakistan’s backup plan as tensions rise between Israel and Iran. With growing concerns over a...

ADNOC Drilling Expansion into Kuwait and Oman Strengthens Gulf Oilfield Services

ADNOC Drilling expansion into Kuwait and Oman marks a strategic move to grow beyond its home base in the UAE. The company recently signed...

Energyhouse Reviews Offer for UAE Subsidiary Stake Amid Kuwait Energy Strategy Shift

Energyhouse, a leading Kuwaiti oil firm, received an offer to sell its UAE-based subsidiary. The subsidiary stake amounts to 92.5 percent of the UAE company. This...

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...

United Arab Emirates – Oil and Gas Market Overview

The UAE holds the seventh-largest proven oil and natural gas reserves globally, with approximately 97.8 billion barrels of oil. As a member of OPEC...