United Arab Emirates struggles to recover after heaviest recorded rainfall ever hits desert nation

The United Arab Emirates joined Saudi Arabia on Wednesday in promising to raise oil output to a record high in April, as the two Gulf Arab oil producers in OPEC took a united stand in a standoff with Russia that has hammered global crude prices......»»

UAE Private Sector Tanks To 10-Year Low Amid Recession Fears    The second-largest economy in the Middle East, the United Arab Emirates (UAE), has just recorded busines.....»»

The United Arab Emirates sentenced a British academic it accuses of spying to life imprisonment, a decision that has drawn condemnation against a Gulf nation that wants to be seen as a beacon of progress in the Arab world......»»

A Pakistani Cabinet minister says the government of United Arab Emirates will soon deposit $3 billion into the State Bank of Pakistan to help the cash-strapped Islamic nation overcome its economic woes......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The United Arab Emirates.....»»

The United Arab Emirates became the first Arab country to send a spacecraft to Mars on Tuesday......»»

In 2017, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic ties and transportation links with Qatar, kicking off a regional squabble with broad geopolitical imp.....»»

A financial scandal has swept through London and the United Arab Emirates, centered on allegations of fraud at the two core companies of the Abu Dhabi-based tycoon Bavaguthu Raghuram Shetty. Both NMC Health Plc and Finablr Plc have had their shar.....»»

As coronavirus lockdowns crush businesses around the world, some high-tech local farms in the United Arab Emirates are eyeing big growth as authorities plow funds in agri-tech projects......»»

A British court awarded $11 million in damages and expenses on Friday to a former partner at global accounting firm Ernst & Young who exposed money laundering at a major gold refinery in the United Arab Emirates......»»

The deal cuts nearly 10 million barrels, or a tenth of global supply DUBAI, United Arab Emirates — OPEC, Russia and other oil-producing nations on Sunday f.....»»

The Saudi energy minister said on Sunday that effective oil supply cuts by OPEC and its allies, a group known as OPEC+, will amount to 12.5 million barrels per day, because of higher output in April from Saudi Arabia, the United Arab Emirates and Kuwait......»»

The United Arab Emirates is committed to reducing oil production from its current level of 4.1 million barrels per day (MBOPD), energy minister Suhail Al Mazrouei said in a tweet on Sunday......»»

JPMorgan is seeking to sell at a discount loans raised by the sovereign wealth funds of Saudi Arabia and the United Arab Emirates, according to two sources and a document, as banks brace for a borrowing spree in the Gulf due to low oil prices......»»

Emaar Properties , the largest listed developer in the United Arab Emirates, has suspended work on major projects in Dubai, sources familiar with the matter said, as the coronavirus pandemic exacerbates a real estate slowdown in the business hub......»»

United Arab Emirates carrier flydubai will reduce pay for its employees for three months from April due to the impact of the global coronavirus crisis on its business, a spokeswoman said on Monday......»»

Widening travel curbs to contain the spread of the coronavirus prompted more flight cancellations on Monday, with new restrictions spanning India, Australia, New Zealand, the United Arab Emirates (UAE), Hong Kong, Singapore and Taiwan......»»

Widening travel curbs to contain the spread of the coronavirus led to further flight cancellations on Monday, with new restrictions spanning India, Australia, New Zealand, the United Arab Emirates (UAE), Hong Kong, Singapore and Taiwan......»»

Widening curbs on travel to contain the spread of the coronavirus led airlines to ramp up flight cancellations on Monday, with new restrictions spanning Australia, New Zealand, the United Arab Emirates (UAE), Hong Kong, Singapore and Taiwan......»»