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Oil
Economy
Abu Dhabi awards oil and gas exploration concession to Malaysia’s Petronas
The company was awarded exploration concession for Onshore Block 2 in Abu Dhabi
Banking & Finance
UAE Central Bank raises country’s GDP growth forecast for 2024 to 4 percent, 6 percent for 2025
Growth in 2025 will be fueled by strong non-hydrocarbon momentum and a rise in hydrocarbon production
Economy
Oil prices steady amid Libyan production hopes, strong U.S. demand
Brent oil futures for November rose by 0.1 percent to $73.51 per barrel
Economy
Oil prices dip slightly as market reacts to China’s stimulus measures, supply disruptions
Brent oil futures for November delivery dropped 0.1 percent to $75.12 per barrel
Economy
Oil prices surge as China launches economic stimulus amid Middle East tensions, hurricane threat
Brent crude futures for November climbed by 69 cents, or 0.93 percent, reaching $74.59 a barrel
Economy
Oil prices surge amid rising Middle East tensions, anticipation of Fed rate cuts
Brent oil futures for November rose 0.5 percent to $74.83 per barrel
Economy
UAE’s economy projected to grow 4.8 percent in 2025 driven by non-oil sector, tourism surge: Oxford Economics
The non-oil sector is expected to grow by 4.6 percent year-on-year in 2024
Economy
Oil prices slip as traders lock in profits, weekly rise boosted by U.S. rate cut
Brent oil futures, set to expire in November, dropped 0.4 percent to $74.60 per barrel
Economy
Oil prices decline amid concerns over U.S. economic outlook following Fed’s larger-than-expected rate cut
Brent crude futures for November fell by 34 cents, or 0.46 percent, settling at $73.31 a barrel
Economy
Non-hydrocarbon sectors poised to drive strong GCC economic growth this year: Report
Deal-making in the region remained active, with 214 transactions recorded in H1 2024
Economy
Oil prices fall as Fed meeting nears, driven by surprising U.S. inventory build and supply disruptions
Brent oil futures decreased by 0.4 percent, settling at $73.41 a barrel
Economy
Oil prices see modest gains amid rate cut speculations, Hurricane Francine’s supply impact
Brent crude futures set to expire in November climbed 0.2 percent to $72.88 per barrel
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