Oil Prices Are Near 3 Months highs as Saudi Arabia is Expected to Extend its Cut Extension


Oil prices hovered near three-month highs on Monday, poised to record their most significant monthly gains in over a year. The surge in prices is driven by expectations that Saudi Arabia will extend voluntary output cuts into September, leading to a tightening of global supply. Brent crude futures dipped slightly to $84.90 a barrel, and … Read more

UAE: Ministry of Finance Unveils Fresh Measures and Penalties Law


The UAE Ministry of Finance has recently announced updates to its corporate tax framework, aiming to enhance compliance and clarity. The Cabinet Decision No. (74) of 2023 introduces the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures, known as the New Tax Procedures Law. This decision replaces the existing Executive Regulation … Read more

Dubai has recently made an announcement regarding an upcoming auction for premium 3-digit number plates.

Dubai is all set to host an exclusive auction where they will be selling 350 premium vehicle number plates. The Roads and Transport Authority (RTA) is offering these fancy number plates, ranging from 3 to 5 digits, for private and vintage vehicles with specific codes. The 72nd online auction will feature some highly coveted plates, … Read more

Kuwait: Oil Minister states will drill Al Durra Field before resolving Iran border dispute.

kuwait oil

Kuwait’s Oil Minister, Saad Al Barrak, announced that Kuwait will begin drilling in the Al Durra offshore gasfield without waiting for a resolution to the maritime border demarcation dispute with Iran. Al Barrak had previously asserted that Kuwait and Saudi Arabia hold “exclusive rights” to the Al Durra field in the Arabian Gulf and urged … Read more

Dubai: Airlines now offer an incredible 100KG baggage allowance to two destinations

Dubai: Airlines now offer an incredible 100KG baggage allowance to two destinations Serene Air, an airline operating flights from Dubai to Islamabad and Lahore, has introduced an exciting offer called the ‘Bring All That You Can for Your Family & Friends’ campaign. Economy class passengers can now carry an impressive 70 kilograms of luggage, with … Read more