Dubai / Agencies Slower growth in oil supply is helping the crude market to re-balance, and prices are set to increase over time, according to the head of the world’s biggest producer. As investments in new oil and natural gas capacity have been being canceled or deferred worldwide, supply is rising more slowly, especially production of U.S. shale oil, ...

  ABU DHABI / Reuters The United Arab Emirates will finalise laws to more heavily regulate the sale of drones and their operations soon, aiming to minimize risks posed by unmanned aerial vehicles, an official at the aviation regulator said on Monday. Dubai International Airport was closed for more than an hour on June 12 due to unauthorized drone activity ...

  ABU DHABI / WAM ADNOC Distribution has been honoured for the second consecutive year with the Brand of the Year distinction at the World Branding Awards 2016 in the National Award category for service stations sector. The title validates the brand’s excellence in the distribution and marketing of petroleum products and allied services within the UAE. Saeed Mubarak Al ...