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Economy Local 2025-11-30T04:08:45+00:00

OPEC+ Likely to Maintain Oil Production in Q1 2026

Three OPEC+ delegates stated that the alliance is likely to maintain its current oil production levels during the first quarter of 2026 at its meeting on Sunday, easing efforts to regain market share amid concerns about oversupply.

Three OPEC+ delegates stated that the alliance is likely to maintain its current oil production levels during the first quarter of 2026 at its meeting on Sunday. This move represents a easing of their efforts to regain market share amid looming concerns about oversupply.

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UAE Retailers Announce Major National Day Sales
2025-11-30T01:48:48+00:00

UAE Retailers Announce Major National Day Sales

Retail outlets in Dubai and Sharjah launch major sales with discounts up to 60% on food, electronics, and clothing for the UAE's 54th National Day, creating favorable shopping conditions before the school holidays.
Economy Local
Dubai's Hotel Construction Growth
2025-11-30T01:46:06+00:00

Dubai's Hotel Construction Growth

According to Lodging Econometrics, the number of rooms in hotel projects under construction in Dubai grew by 22% by Q3 2025. The emirate has 56 projects in development with over 13.9k rooms.
Economy Local
Dubai Hosts Region's First Cake Festival
2025-11-30T01:38:24+00:00

Dubai Hosts Region's First Cake Festival

Dubai hosted the region's first Cake Festival, featuring renowned chefs, free tastings, workshops, and competitions as part of the 'Wajd' season.
Events Economy Local