Business News from Sunday, August 2nd, 2026
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OPEC+ agrees September oil production increase
OPEC+ has agreed to increase oil production by around 188,000 barrels a day from September, completing the rollback of voluntary output cuts introduced in 2023.
News
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UAE announces holiday to mark Prophet's birthdayThe UAE has declared Friday, August 28, as a holiday for public and private sector workers to mark the birthday of Prophet Muhammed (PBUH).
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UAE markets clear of lettuce linked to cyclosporiasis outbreakThe Ministry of Climate Change and Environment has confirmed that UAE markets are free of lettuce products linked to the cyclosporiasis outbreak reported in some countries.
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UAE, Russian Presidents discuss strategic tiesUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his Russian counterpart Vladimir Putin have discussed strengthening cooperation under the two countries' strategic partnership.
