Drone incident reported near DXB: Airport operations remain normal
The incident resulted in four people being injured The post Drone incident reported near DXB: Airport operations remain normal appeared first on Gulf Business.
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Airlines raise fares as Middle East conflict lifts fuel costs, disrupts flights
Jet fuel prices, which were around $85 to $90 per barrel before US-Israeli strikes on Iran, have soared to between $150 and $200 The post Airlines raise fares as Middle East conflict lifts fuel costs, disrupts flights appeared first on Gulf Business.
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Porsche to expand sports car lineup in turnaround push
Porsche, a subsidiary of Volkswagen, forecast a group operating return on sales in the range of 5.5 per cent to 7.5 per cent in 2026 The post Porsche to expand sports car lineup in turnaround push appeared first on Gulf Business.
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IEA considers largest oil reserve release in history — here’s what it means
The International Energy Agency is considering the largest release of emergency oil reserves in its history as markets reel from supply disruptions linked to the war with Iran. The post IEA considers largest oil reserve release in history — here’s what it means appeared first on Gulf Business.
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Don’t click that link: Abu Dhabi customs issues public warning
Residents are also encouraged to report suspicious messages impersonating Abu Dhabi Customs through official channels The post Don’t click that link: Abu Dhabi customs issues public warning appeared first on Gulf Business.
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Onion, tomato prices rise: Here’s how UAE authorities are responding
Under the current pricing policy, retailers are not allowed to increase the prices of these items without prior approval from the ministry The post Onion, tomato prices rise: Here’s how UAE authorities are responding appeared first on Gulf Business.
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Trader’s view: What’s next as oil whipsaws after a $120 surge?
Oil markets are reassessing the geopolitical risk premium after Brent surged to nearly $120 before falling, writes Sasha Foss, Energy Analyst at CSC Commodities, a division of Marex The post Trader’s view: What’s next as oil whipsaws after a $120 surge? appeared first on Gulf Business.
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UAE reiterates ban on drones, light sport aircraft, cites exceptional circumstances
Any violation shall be subject to applicable legal measures in accordance with UAE Civil Aviation Law and relevant regulation, GCAA said The post UAE reiterates ban on drones, light sport aircraft, cites exceptional circumstances appeared first on Gulf Business.
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‘Monitoring developments in Arabian Gulf, Strait of Hormuz’, says DP World’s new GCC CEO and MD
In his new role, Al-Hassan will oversee an integrated portfolio spanning ports and terminals, economic zones, digital platforms and logistics operations across the region The post ‘Monitoring developments in Arabian Gulf, Strait of Hormuz’, says DP World’s new GCC CEO and MD appeared first on Gulf Business.
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Aramco posts drop in annual profit, announces its first buyback
The results come at a highly volatile time for global oil markets as the US-Israeli tensions with Iran has led to a near-closure of the Strait of Hormuz The post Aramco posts drop in annual profit, announces its first buyback appeared first on Gulf Business.
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