June 16, 2026

Washington: Stocks of crude oil in the US Strategic Petroleum Reserve have fallen to 340.3 million barrels, marking the lowest level since 1983. This development comes as part of ongoing efforts to manage fuel prices amid a challenging economic enviro…

Brussels: Greenhouse gas emissions in the European Union amounted to approximately 3.3 billion tonnes of carbon dioxide equivalent in 2025, marking a 17.2 percent decline compared with 2015, according to preliminary estimates released by Eurostat, the…

Dubai: DMCC has announced plans to launch DMCC Campus and DMCC Intelligence, two new platforms aimed at helping businesses, governments, and institutions respond to the forces reshaping global trade. The move marks an expansion of DMCC’s role beyond b…

Dubai: Dubai Municipality has launched the Specialised Asset Management Strategy 2026-2030, a guiding institutional framework designed to develop the Municipality’s asset management system and enhance the efficiency, sustainability, and value of gover…

Alain: An Abu Dhabi-based asset management company, ALAIN, has achieved a Guinness World Records title for the ‘Highest Running Track on a Building’, officially certified by Guinness World Records on 11th June 2026.

According to Emirates News Agenc…

Paris: Following the signature yesterday of a strategic agreement between EDGE Group and Safran, the two companies today announced a joint venture term sheet at Eurosatory 2026 in Paris. EDGE Group and Safran Electronics and Defence agreed to broaden …

Dubai: Dubai International Financial Centre (DIFC) today announced that Oak Hill Advisors (OHA), a leading global credit-focused alternative investment firm, has received regulatory authorisation from the Dubai Financial Services Authority (DFSA). Thi…

Cairo: Karim Badawi, Minister of Petroleum and Mineral Resources of Egypt, held talks on Tuesday with a delegation from the UAE headed by Hussain Sultan Lootah, Chief Executive Officer of the Emirates National Oil Company (ENOC), and Abdulkarim Al Maa…