Topic
OPEC
Stories tagged OPEC
UAE Economy to Grow 5% in 2025, Says UBS Wealth Management
UAE economy growth in 2025 is forecast to surpass 5%, according to Michael Bolliger, Chief Investment Officer for Emerging Markets at UBS Global Wealth Management — matching the IMF's 5.1% GDP projection and supported by Chinese stimulus, OPEC policy, and anticipated US interest
28 Oct 2024
Kuwait GDP Contracts 4.35% in Q4 2023
Kuwait's GDP fell 4.35% year-on-year in Q4 2023, reaching 10.33 billion dinars ($33.77 billion), down from 10.80 billion dinars in Q4 2022. A 6.4% drop in oil-sector value and a 2.3% non-oil contraction drove the decline, highlighting Kuwait's vulnerability to global crude
20 Jun 2024
UAE Fuel Prices Drop in June 2024 After 4-Month High
UAE fuel prices for June 2024 fell by roughly six percent across all grades, with Super 98 down to Dh3.14 and Special 95 at Dh3.02 — the first drop after four straight months of increases driven by global oil market pressures.
2 Jun 2024