Two of the world’s leading oil bodies have warned that the global glut of crude will last well into next year. The International Energy Agency has attributed the surplus to weak demand coupled with ballooning inventories and rising supply. Meanwhile, the Organization of the Petroleum-exporting Countries (OPEC) predicted a larger excess in 2017 due to new fields in non-member countries and the unexpected resilience of American shale drillers.
H.H. Sheikh Mansoor highlights sustainability, innovation at Gulfood Manufacturing
His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, President of the UAE National Olympic Committee, has officially inaugurated the 11th edition of Gulfood Manufacturing at the Dubai World Trade Centre.
Dubai Chamber of Commerce welcomes over 53,000 new companies
The Dubai Chamber of Commerce has announced strong performance figures for the first nine months of 2025, reinforcing its role in driving economic growth and supporting the Dubai Economic Agenda (D33).
ADNOC, Gecko Robotics sign deals to accelerate AI, robotics, skills training
ADNOC and Gecko Robotics have expanded their strategic partnership with three new agreements to explore deploying robotics and artificial intelligence (AI) across ADNOC’s operations and boosting future skills training for UAE nationals.
ADIPEC 2025 kicks off in Abu Dhabi with record global presence
ADIPEC 2025 has kicked off on Monday at ADNEC Centre Abu Dhabi, bringing together leading figures from the global energy sector.
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