Abu dhabi: World oil demand is forecast to decline by 1.6 mb/d in 2026, 510 kb/d more than estimated in last month’s report, as the ongoing closure of the Strait of Hormuz and elevated fuel prices continue to weigh on oil consumption, according to the…

Abu dhabi: OpenAI on Monday said it is expanding Daybreak, its exclusive cybersecurity initiative, to help give its participants access to the ‘right capabilities’ that they need to help defend themselves from attackers. The company first introduced D…

Abu dhabi: Oil prices rose on Wednesday morning: with Brent futures gaining 72 cents, or 0.81 percent, to $89.63 a barrel by 0053 GMT. US West Texas Intermediate (WTI) crude climbed 71 cents, or 0.85 percent, to $83.91.

According to Emirates News Ag…

Abu dhabi: Presight AI Holding PLC announced its financial results for the three-month and six-month periods ending 30th June 2026, indicating a strong growth trajectory in revenue and profit amidst a dynamic regional operating environment. The compan…

Bali: Crews rescued 106 people after a passenger ferry caught fire in rough seas off Indonesia’s Bali island on Wednesday, with rescuers continuing efforts to evacuate those still aboard, authorities said.

According to Emirates News Agency, the Putr…

Abu dhabi: ADNOC’s listed companies have reported a combined revenue of $25.3 billion (AED93.0 billion) in the first half of 2026, while simultaneously advancing a series of significant growth investments, reinforcing the earnings outlook across the p…

Abu dhabi: Saeed Al Hajeri, Minister of State, and Lord Mervyn Davies, Baron Davies of Abersoch, convened for the first time as the newly appointed Co-Chairs of the UAE-UK Business Council (UUBC) during a virtual meeting. This gathering was centered o…

Gaza: The mobile medical clinic operated under Operation Chivalrous Knight 3 continues to provide medical and healthcare services to residents and displaced people across the Gaza Strip, as part of the UAE’s ongoing humanitarian efforts to support the…