ABU DHABI / WAM Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, announced that the UAE will voluntarily cut its oil output by 144,000 bpd, effective May through the end of 2023, in coordination with some countries that are parties to the Opec+ agreement. “This voluntary initiative is a precautionary measure taken to ensure market balance and comes ...

ABU DHABI / WAM The 12th Annual Investment Meeting (AIM Global 2023), which is supported by the Ministry of Industry and Advanced Technology in partnership with the Abu Dhabi Department of Economic Development, will feature a number of local and international events, forums, and conferences from May 8-10 at the Abu Dhabi National Exhibition Centre and discuss the latest investment ...

DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE), chaired the 75th meeting of the council, which was held virtually in the presence of Saeed Mohammed Al Tayer, Vice Chairman of the DSCE. The meeting was also attended by Ahmed Buti Al Muhairbi, Secretary-General of the Dubai Supreme Council of ...