Oil investors are growing more doubtful that OPEC can seal a deal. Money managers reduced bets on higher oil prices by the most since July 2014 after the group failed to agree on country quotas in talks in Vienna late last month. The rally following the Organization of Petroleum Exporting Countries’ preliminary deal in late September has disappeared as questions mount about whether OPEC can implement the first supply cuts in eight years at its November 30 summit.
Etihad CEO says 'First Class' remains main focus, not 'premium economy'
Etihad Airways CEO, Antonoaldo Neves, has confirmed that "Premium Economy" is not on the cards for the national carrier, despite competition in the market, as it remains focused on delivering "First Class" experience for its passengers.
UAE tourism ready to bounce 'back stronger', says minister
The UAE is set to boost the tourism economy with a special focus on the domestic sector over the next three months, announced Minister of Economy and Tourism, Abdulla bin Touq Al Marri, as the industry bounces back stronger.
'Factory Forward UAE' to boost industrial competitiveness
The UAE has unveiled a new initiative to help factories adopt advanced technology and become more competitive.
Miral to invest over AED 12 billion in Yas Island over five years
Miral, Abu Dhabi's leading creator of immersive destinations and experiences, will invest more than AED 12 billion in new developments and enhancements across Yas Island over the next five years.
UAE President meets German business leaders during state visit
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with German business leaders and company executives during his state visit to Germany.
Syrian President Ahmad Al-Sharaa has highlighted how the country has transformed from being a "centre of conflicts into a centre of stability and a connecting point for investment and trade".
Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, has held phone discussions with President of Angola, João Manuel Lourenço.
A military funeral has been held for Major Abdullah Shams Al Menhaly and Warrant Officer Saeed Abdullah Al Shamsi, who were martyred while carrying out a training mission in the UAE on Monday.
