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.
H.H. Sheikh Mohammed opens DEWA's 'largest, smartest net-zero energy' HQ
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has inaugurated Dubai Electricity and Water Authority's headquarters - Al Shera’a (known as sail in Arabic) - in Al Jaddaf.
UAE President welcomes Indian Prime Minister as he begins official visit
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has welcomed Indian Prime Minister Narendra Modi on Friday as he kickstarts a five-nation tour in the UAE.
UAE brokers new round of Russia-Ukraine prisoner exchange
The UAE has successfully mediated another exchange of prisoners of war between Russia and Ukraine, involving 205 captives from each side.
H.H. Sheikh Khaled briefed on West-East oil pipeline project
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has been briefed on the West-East Pipeline oil project that is expected to double ADNOC's export capacity through Fujairah.
