Over the past three years, the UAE’s non-oil foreign trade experienced exceptional growth, surpassing AED2.8 trillion in the first nine months of 2024, setting a new national record. Additionally, the ...
Indian Oil Corporation (IOC), the country’s top refiner, reportedly bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu Dhabi’s Murban, ...
Economic growth in the Middle East and North Africa (MENA) region will accelerate to 2.9% in 2025 from an estimated 2.1% in 2024 amid partial unwinding of oil production cuts, Moody’s Ratings said.