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Explained: What is the significance of the new natural gas field UAE has discovered?

February 06, 2020 12:21 pm

At 80 tscf, the new reservoir, named named ‘Jebel Ali’, would be ranked the fourth largest by size in the Middle East.

Income Tax havens: These 7 countries have no income tax

January 22, 2020 11:08 am

Income Tax havens: In 2019 the highest income tax was collected in Sweden where individuals with highest incomes paid more than 50 per cent of their taxable income. Countries situated in Northern Europe and North Atlantic generally have greater income taxes. Here are some countries that do not tax individuals on their income.

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India extends visa-on-arrival for UAE nationals to 60 days

November 17, 2019 9:24 pm

The airports where the facility will be available are Delhi, Mumbai, Kolkata, Bangalore, Chennai and Hyderabad.

On rate cut hopes & falling oil prices, bond yields fall to lowest level in eighteen months

Oil is our gold and we aim to use all of it, ADNOC official says

November 13, 2019 10:23 pm

The world's transition away from fossil fuel in an effort to slash greenhouse gas emissions is expected to accelerate in coming decades, leaving many oil companies and producing nations pondering their long-term future.

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Donald Trump to send troops to Saudi Arabia and UAE

September 21, 2019 8:40 pm

Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff, said the precise number of US troops headed to the region had not been determined, but that it would be a “moderate deployment” in the hundreds, not thousands.

Explained: Why America's secret agency CIA doesn't spy on the UAE

August 27, 2019 6:57 am

A former official in US President Donald Trump's administration said the lack of UAE intelligence is alarming because the desert monarchy now operates as a “rogue state” in strategic nations such as Libya and Qatar and further afield in Africa.

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PM Modi launches RuPay card in UAE

August 24, 2019 8:32 pm

The UAE receives about three million Indian tourists annually. Acceptance of Rupay card in UAE will lower the charges as tourists will save on exchange rate.

Iran ready for any scenario, from confrontation to diplomacy

May 15, 2019 10:35 pm

Tensions have worsened since attacks on Saudi oil tankers and other vessels off the coast of the United Arab Emirates, as well as armed drone attacks on oil pumping stations in Saudi Arabia which were claimed by Iran-aligned Houthis in Yemen.

Explained: Strait of Hormuz — the world's most important oil artery

May 13, 2019 8:56 pm

Most crude exported from Saudi Arabia, Iran, the UAE, Kuwait and Iraq -- all members of the Organization of the Petroleum Exporting Countries -- is shipped through the Strait of Hormuz.