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Energy
Oil prices dip to $74.43 as Trump tariffs loom, OPEC meeting ahead
Traders raised oil's risk premium, anticipating supply disruptions from Trump's actions and policies
Logistics
Dubai announces free parking for Eid al-Fitr 2025
The free parking period will run from Shawwal 1 to 3, with paid parking fees resuming on Shawwal 4
Logistics
Dubai Chamber of Commerce issues 5,357 ATA Carnets for $1.2 billion in 2024
ATA Carnets provide substantial cost savings by exempting exporters from VAT and customs duties
Logistics
ADNOC L&S full-year dividend grows 5 percent to $273 million for 2024
ADNOC L&S expects revenue to grow in the mid to high 40 percent range from 2024 to 2025
Markets
UAE gold prices dip AED1.75, global rates below record highs amid tariff concerns
PCE and GDP data on the horizon for market insights
Energy
Oil prices steady at $73.05 amid Trump’s Venezuela tariff concerns
OPEC+ ready to move forward with scheduled output increase in May
Economy
CBUAE projects UAE GDP growth of 4.7 percent in 2025, 5.7 percent in 2026
The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024
Logistics
Dubai RTA unveils new 3-lane bridge to improve traffic between Infinity Bridge and Sheikh Rashid Road
The 1,210-meter bridge features three lanes, accommodating up to 4,800 vehicles per hour
Markets
UAE gold prices down AED1.75, global rates rise on Fed optimism
Spot gold was up 0.1 percent at $3,025.12 an ounce
Energy
Oil prices slip to $71.88 amid Trump tariffs, Russia-Ukraine talks
West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel
Logistics
DP World launches deep-water port project in Congo
This collaboration marks a key milestone in the Banana Port project, transforming trade and boosting DRC’s economy
Energy
Oil prices dip to $70.25 on oversupply fears after Russia-Ukraine truce
Investors are cautious ahead of the Fed meeting, expecting rates to remain unchanged
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