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9.14 AM Thursday, 18 December 2025
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18 December 2025

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India, Iran aim to resolve oil payments impasse

Central bank officials from  India and Iran were due to meet on Friday to try to keep their  oil trade running, with

Fugro completes the Middle East’s first remotely operated subsea inspection using a low-carbon emission uncrewed surface vessel (USV)

Fugro completes the Middle East’s first remotely operated subsea inspection using a low-carbon emission uncrewed

US's Rice unlikely to sign nuclear deal in India

US Secretary of State Condoleezza Rice arrived in India on Saturday after Congress ratified a historical nuclear pact,

Oil down near $93 on financial turmoil

Oil fell nearly a dollar to near $93 (Dh342) a barrel on Friday, its third consecutive day of losses, on skepticism

Oil storage facility construction delayed

The construction of the $200 million (Dh735m) oil products storage facility in Techno Park has been pushed back to the

Zayed Sustainability Prize announces 2025 finalists pioneering global solutions

The Zayed Sustainability Prize, the UAE's pioneering award for innovative solutions to global challenges, has announced

Salam set to invest $300m over next five years

Salam of Qatar, which owns stores in Dubai, Abu Dhabi, Al Ain, Qatar and Oman, plans to invest $300 million (Dh1.1bn)

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Tata Motors to buy Jaguar and Land Rover for $2.3bn

  India's Tata Motors Ltd geared up for a bigger international presence on Wednesday with the expected announcement of

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Asian stocks down despite Japanese rebound

Asian shares were mostly lower yesterday, with China's benchmark index dropping to a 20-month low, although shares

India fuel price hike likely when inflation softens

India could decide to hike domestic fuel prices once headline inflation begins to soften because doing it now would

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TNI share sale after change in law

Abu Dhabi-based investment bank The National Investor (TNI) is prepared for an initial public offering (IPO) when UAE

Saudi petrochemicals plant targets India, China

A giant petrochemical project set up in Saudi Arabia last year will target the fast-growing markets of India and China