Oil discovery transformed the UAE Capital's economy based on the pearl industry to one powered by oil. Did you know that the UAE’s Capital first attempted to explore oil 85 years ago?

Dr Fatima Al Sayegh, professor of history at UAE University, said back in the days, Emirati families produced just what they needed. Life in the UAE has shifted remarkably, but the values of the ...

The United Arab Emirates' non-oil trade in goods touched a record 3 trillion dirhams ($817 billion) in 2024, up 14.6% from ...

The UAE's non-oil private sector continued to expand robustly at the start of 2025, although capacity pressures and ...

Egypt has confirmed the discovery of at least eight million barrels of oil in the East Crystal-1 well in the Gulf of Suez, ...

DUBAI - Egypt on Wednesday confirmed the discovery of oil reserves of at least 8 million barrels in the East Crystal-1 well ...

Motorists and businesses in the UAE can expect to enjoy lower petrol and diesel prices in 2025 and subdued consumer price inflation as a projected massive oversupply of crude oil could keep energy ...

Since the discovery of oil in the UAE nearly 60 years ago, the country has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a ...

Strong demand and increased business activity drove growth in the UAE’s non-oil private sector to its fastest pace in nine months in December, a survey by S&P Global showed on Monday.