Friday , 19 December 2025

Recent Posts

Phase 2 of ‘tax refund for tourists’ ready for launch

Emirates Business The Federal Tax Authority (FTA) asserted that all preparations were complete by the system operator ahead of launching phase two of the tax refunds for tourists scheme next Sunday (December 16), whereby the scheme would cover 12 air, land, and sea ports across the country. Phase two comes on the heels of the previous phase of implementing the …

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LNG traders in US face a new reality: Expansion exhaustion

Bloomberg Welcome to the new world market for natural gas, where computers never sleep and, apparently, neither do traders. With US liquefied natural gas (LNG) exports set to surge by almost 80 percent in 2019, traders in America face a new reality: expansion exhaustion. As more and more inte- rnational players participate in US gas markets, the price of market …

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Alberta output-cut mandate may be driving oil prices up

Bloomberg Alberta’s plan to boost crude prices through mandatory production cuts is working a little too well. Just over a week after Premier Rachel Notley announced that oil producers will be required to curtail output by 8.7 percent, the price of heavy Canadian crude has more than do- ubled, in some ca-ses rendering Wes-tern Canadian Sel- ect too expensive to …

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