The U.S. Transportation Department said Thursday it fined Emirates airline $400,000 for operating flights in parts of prohibited Iranian airspace in 2019. The flight was carrying the JetBlue Airways JBLU.O Continue Reading
Global oil demand has another decade to grow until peaking in 2030, Mubadala Investment Company, one of the largest state wealth funds of the United Arab Emirates (UAE), believes. The Continue Reading
Oil-rich Gulf nations are relying on a well-worn playbook of spending less and borrowing more to get through the coronavirus crisis but with the outlook for oil clouded by uncertainty Continue Reading
The United Arab Emirates (UAE), currently OPEC’s third-largest producer, is estimated to have exported a lot more crude oil in August as it produced more than its quota under the Continue Reading
The United Arab Emirates have just become the first Arab nation to operate a nuclear plant as its 5.6GW Barakah nuclear plant achieved criticality on its Unit 1 in the Continue Reading
The Barakah nuclear plant. The United Arab Emirates connected the Arab world’s first nuclear power plant to the country’s grid and began providing electricity, crossing the final threshold to membership Continue Reading
The Abu Dhabi National Oil Company (ADNOC) sees a robust return of oil demand, mainly from China, ADNOC Group’s chief executive Dr. Sultan Ahmed Al Jaber told IHS Markit Vice Continue Reading
The UAE, OPEC’s third-largest oil producer, started producing nuclear energy from a 1.4 GW nuclear reactor, becoming the first country in the Gulf to use such a source for power Continue Reading
The United Arab Emirates launched its first mission to Mars on Monday as it strives to develop its scientific and technological capabilities and reduce its reliance on oil. The Hope Continue Reading
Emirates operated world’s biggest fleet of A380 before coronavirus pandemic Airline currently flying to over 40 destinations Dubai to welcome tourist, business travelers from July 7 Dubai — Emirates, the Continue Reading
