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9.17 AM Thursday, 18 December 2025
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18 December 2025

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Banks to iron out key ratio by Q3

UAE banks will iron out the distortion in their loans-to-deposits (LTD) ratio in the second half of this year, analysts

Oil jumps $1 after surprise Opec cut

Oil prices jumped more than $1 a barrel on Wednesday, rebounding from a five-month low after Opec surprised traders

Oil rebounds above $53 after fall on US crude stocks

Oil rebounded back above $53 (Dh195) a barrel on Thursday, after falling more than a dollar in the previous session on

Suncor to buy Petro-Canada for $15 billion

Suncor Energy, the world's second-largest oil-sands producer, has agreed to buy rival Petro-Canada to create Canada's

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Oil deepens slide to seven-week low on US demand woes

Oil edged down to $124 on Thursday, extending a precipitous pull-back from this month's record high after US data

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Asian shares rise on higher commodity prices

Stocks in Europe and Asia rose and US index futures advanced as higher commodity prices lifted mining and energy shares

Creating harmony in the home

Ergonomics is the science of making things comfortable and efficient. Products that have been designed with ergonomic

Phelps makes a splash with endorsements

Michael Phelps' splash with eight gold medals at the Beijing Olympics is now worth its weight in gold as endorsement

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Oil below $116 as firm dollar sparks sell-off

  Oil retreated to under $116 a barrel on Friday, as a stronger dollar ignited a sell-off and investors shifted cash to

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Oil falls below $90, stock markets weigh

  Oil fell to below $90 a barrel on Monday, as weaker global stock markets spurred profit taking, although expectations

HTL's new oil terminal in Fujairah

Horizon Terminals Limited (HTL), the terminals business and wholly owned subsidiary of Emirates National Oil Company (

Indian insurance firms strengthens UAE presence

The New India Assurance Company Ltd. (NIA) will open a reinsurance desk at its Dubai International Financial Centre (