The volume of oil products stored in Fujairah have risen to their highest level since early June.
Authorities say a surge in regional demand and preparations for new sulphur regulations on marine fuels is driving more supplies into the eastern UAE port.
Fujairah's stocks rose by almost 11 per cent to 2.21 million barrels last week to stand at a total of 22.7 million barrels.
The emirate has the Middle East's largest commercial storage capacity for refined products.
Former Binance chief guilty of money laundering
Changpeng Zhao, the former chief executive of Binance has been sentenced to four months in prison after pleading guilty to violating US laws against money laundering at the world's largest cryptocurrency exchange.
Emirates attracts pilots with higher salaries, new perks
Emirates Airline has announced significant changes to its pilot recruitment strategy, which includes higher salaries, new roles and a radical change to eligibility.
Spinneys increases IPO retail offering due to high demand
Supermarket chain Spinneys has announced its decision to increase the number of shares allocated to the UAE Retail Offering of its IPO due to high demand.
IMF $1.1 billion tranche to help Pakistan's economic stability, says PM Sharif
The disbursement of $1.1 billion by the International Monetary Fund (IMF) will help Pakistan achieve greater economic stability, Prime Minister Shehbaz Sharif said on Tuesday, amid discussions for a new loan programme.
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Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.
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