The Gulf is set for more financial turbulence if the oil price doesn’t increase soon. That’s the word from financial services experts Standard & Poor's in their latest report. They say restraints on oil and gas prices have steered the GCC into an environment marked by weakening economic growth. The report’s economic projections for the GCC reflect a 2% decline in GDP growth for 2015 when compared to 2014.
Sharjah Crown Prince discusses energy strategy with UAE Minister
His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, held talks on energy strategy and infrastructure development with Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, during a meeting in Sharjah on Tuesday.
Dubai’s Saddle Café opens outlet in Courchevel, French Alps
Dubai-born specialty coffee brand Saddle Café has opened its first-ever outlet in Courchevel, marking a significant milestone in its international expansion and introducing an Emirati-founded café concept to one of Europe’s most exclusive winter destinations.
UAE leads high-level delegation to Egypt for CEPA negotiations
Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of Foreign Trade, has led a high-level government delegation to Egypt as negotiations continue to secure a Comprehensive Economic Partnership Agreement (CEPA) between the two nations.
Sharjah Ruler approves 2026 general budget of AED 44.5 billion
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the emirate’s general budget for 2026, with total spending set at around AED 44.5 billion.
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The Rock and Chris Evans: A Christmas Surprise!
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