The Business Times
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UAE

Opinion & Features

How merchant states are reshaping global business connectivity

“We’re moving towards having zero Hormuz dependency and that’s regardless of whether it’s open or not,” the UAE’s Minister of Foreign Trade Thani Al Zeyoudi said.
Global Enterprise

UAE moves to cut dependency on Strait of Hormuz to ‘zero’

The Abu Dhabi National Oil Company CEO, Sultan Al-Jaber, said the UAE would continue to be a responsible, stabilising force in energy markets.
International

UAE left Opec to pump more as end of oil era looms, presidential adviser says

Brent crude futures and US West Texas Intermediate gained more than 7 per cent last week as hopes of a peace deal dimmed.
Energy & Commodities

Oil touches 2-week high after drone attack on UAE nuclear power plant

Smoke billows from Jebel Ali port after an Iranian attack, following United States and Israel strikes on Iran, United Arab Emirates, on Mar 1.
International
COMMENTARY

The end of Dubai? After the war, the UAE faces a hard road back to its shining past

Emaar’s portfolio includes some of Dubai’s best-known developments, including the Burj Khalifa, Dubai Mall and large master-planned communities across the emirate. 
Property

Dubai ruler tightens grip on Emaar in US$6.5 billion reshuffle

The UAE today is not a pure petrostate. Thus, while high oil prices will boost the country's oil revenue, they also hurt the global economy that drives the rest of the Emirati portfolio.
Opinion & Features
THE BOTTOM LINE

Why the United Arab Emirates walked away from Opec

Upper Zakum is a grade that can produce a higher amount of diesel and jet fuel when processed, and is typically loaded from a port at Zirku Island in UAE.
Energy & Commodities

Asian buyers offer big premium for diesel-rich crude from UAE

The United Arab Emirates has dealt a severe blow to Opec with its plans to quit the oil cartel.
International
COMMENTARY

UAE’s Opec exit: Shockwaves will be felt beyond oil prices

With the UAE leaving, Opec+ includes 21 members, including Iran, but in recent years, only the seven nations plus the UAE have been involved in monthly production decisions.
Energy & Commodities

Opec+ likely to agree another oil output hike without UAE: sources

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