Japan has imported more than 32 million barrels of crude oil from the UAE in October.
According to the national news agency WAM, the figure accounts for 37.6 per cent of Japan's total oil imports.
The Agency of Energy and Natural Resource in Tokyo also indicated that it this is the highest amount imported from one country in the reported month.
Crude oil provides around 35 percent of energy needed to generate the third biggest economy in the world, according to the ministry.
UAE and Costa Rica sign economic partnership deal
The UAE and Costa Rica have signed a Comprehensive Economic Partnership Agreement (CEPA) to improve bilateral trade and investment ties, President His Highness Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
Dubai-based Telegram app to hit 1 billion users 'within a year'
The Telegram messaging app, one of the most popular social media platforms, will likely cross one billion active monthly users within a year as it is spreading like "forest fire", its billionaire founder Pavel Durov said on Tuesday.
Microsoft invests $1.5 billion in Abu Dhabi AI company G42
G42, the leading UAE-based artificial intelligence (AI) technology holding company, has announced a $1.5 billion investment from Microsoft to strengthen it's expansion into new markets across the globe.
Spinneys announces intention to float on Dubai Financial Market
Spinneys Holding has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the Dubai Financial Market.
Latest With Hit
Meet Harnidh Kaur, one of the most youngest followed on social media
