OPEC has agreed to cut oil production for the first time in eight years. The announcement came as the trading bloc, of which the UAE is a member, battles a weak market and a global glut of crude. It was proposed to reduce output to between 32.5 and 33 million barrels per day. Details of the deal, including targets for each country, are still to be finalised.
Arab Monetary Fund marks Golden Jubilee in Abu Dhabi
The Arab Monetary Fund will mark its Golden Jubilee in Abu Dhabi on September 28, alongside the 17th Ordinary Session of the Council of Arab Finance Ministers.
Aster to invest in International Modern Hospital under AED1bn UAE expansion plan
Aster DM Healthcare will invest in International Modern Hospital (IMH), under the healthcare provider's 5-year UAE expansion plans valued at more than AED1 billion.
UAE unveils unified tourism identity, grand tour platform
The UAE has launched its unified national tourism identity, 'Visit UAE', bringing the country’s seven emirates together under one tourism brand.
Etihad CEO says 'First Class' remains main focus, not 'premium economy'
Etihad Airways CEO, Antonoaldo Neves, has confirmed that "Premium Economy" is not on the cards for the national carrier, despite competition in the market, as it remains focused on delivering "First Class" experience for its passengers.
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