Oil prices will rebound by next year. That’s according to the UAE’s energy Minister His Excellency Suhail Al Mazrouei, who says we will see an upward correction by 2016. The correction will be a result of economic growth in some countries which will lead to higher demand. Meanwhile oil analysts agree that while prices will rise, it is more likely to happen in 2017.
UAE President attends reunion of individuals present during founding of the Union
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan attended a gathering of individuals on Friday who took part in the historic founding of the Union 55 years ago.
UAE, Indonesia Presidents hold bilateral talks in Abu Dhabi
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held bilateral talks with Indonesian President Prabowo Subianto during a meeting at Qasr Al Bahr in Abu Dhabi on Thursday.
UAE responds to allegations made by Sudanese Armed Forces at UN council
The UAE has responded to the unfounded allegations issued by the Sudanese Armed Forces (SAF) and parties involved in the conflict in Sudan during a UN Human Rights Council in Geneva on Thursday.
Dubai awards AED 2.5 billion contracts to boost stormwater drainage
Dubai has awarded contracts worth AED 2.5 billion for the next phase of a major upgrade to its stormwater drainage network.
