Author: Editorial team
Global oil and fuel supply buffers are shrinking as physical crude prices remain elevated despite lower Brent futuresLondon: The global energy system has become more fragile as the Middle East conflict enters its eighth month, with buffers for oil and fuel supplies continuing to shrink, according to Chevron Chief Executive Officer Mike Wirth.Speaking at the Energy Intelligence Forum in London, Wirth said underlying oil and gas market fundamentals were tightening, leaving the market more vulnerable to supply disruptions.“The energy system is more fragile today than earlier in the conflict,” Wirth said, adding that the floor under oil prices is gradually…
Du Pay will soon a launch a subscription model, moving from a solely remittance model into a lifestyle engagement fintech product, its CEO said. Roberto Mancone, CEO of du Pay, the digital payments arm of the telecom operator du, said that the company is embracing the move from a fintech remittance model to a fintech engagement lifestyle. For those who use du Pay’s services, Mancone said that the company is planning on implementing a minimum-cost subscription model, in addition to receiving benefits even if a remittance is not sent. Stay up to date with the latest news. Follow KT on…
Actor Anupam Kher recently shared a heartfelt glimpse of his meeting with Hollywood legend Robert De Niro during his ongoing trip to America and Canada for his play ‘Jaane Pehchaane Anjaane’.In a social media post, Kher expressed his happiness at meeting De Niro, whom he affectionately described as his “dearest friend” and one of the world’s finest actors. He revealed that De Niro invited him to his home, where the two spent time together over lunch and enjoyed warm conversations.“MEETING MR ROBERT DE NIRO! How could I come to America and not meet my dearest friend, and the world’s FINEST…
France came from a goal down to beat Belgium 4-1 in their Nations League Group A1 meeting at the Stade de France on Monday, while Italy secured a 3-1 win over Turkey, their third consecutive match without a loss.Zinedine Zidane secured his first home win in charge, three days after a 1-1 draw against Italy, thanks to his substitutes.Belgium’s Dodi Lukebakio put the visitors ahead in the 35th minute, but Desire Doue, Rayan Cherki and Michael Olise, all on the bench at kickoff, turned the match on its head in the final 15 minutes.Doue levelled with a left-footed shot from…
OMODA & JAECOO has achieved a milestone in Abu Dhabi, with its authorised dealer, Mahy Khoory Automotive, delivering more than 1,000 vehicles to customers in the emirate. The achievement reflects the brands’ growing presence in the capital, supported by an expanding customer base, established showroom network and continued investment in aftersales excellence. UAE delivery milestone Mahy Khoory Automotive’s achievement comes alongside another major milestone for OMODA & JAECOO in the UAE, with the brands surpassing 6,000 cumulative vehicle deliveries in September 2026. The milestone reflects OMODA & JAECOO’s continued growth across the Emirates, supported by its expanding customer base and…
BHM Capital Financial Services PSC, the leading financial institution in the capital markets of the United Arab Emirates, has announced the expansion of its presence in Kazakhstan with its appointment as a market maker on Kazakhstan Stock Exchange (KASE). Following its recently announced appointment as a market maker on Astana International Exchange (AIX), this strategic step strengthens the company’s international presence and advances its global expansion strategy. The appointment reflects BHM Capital’s commitment to extending its market-making expertise across international exchanges and building closer connections between the UAE and global financial markets. Through its appointment on KASE, BHM Capital aims…
SINGAPORE, 6th October, 2026 (WAM) — Oil prices edged lower in early Asian trade on Tuesday. Brent crude futures fell 4 cents to US$100.28 a barrel, while US West Texas Intermediate crude futures declined 11 cents, or 0.1 percent, to US$89.33 a barrel. Source: Emirates News Agency
SHANGHAI, 5th October, 2026 (WAM) — The fifth leg of the 2026 Emirates Arabian Horse Global Cup (EAHGC) will get underway tomorrow, Tuesday, at the Shanghai Juss International Equestrian Centre in Shanghai, China, with 81 horses representing around 35 owners. The event is part of the EAHGC’s international series organised by the UAE to support the purebred Arabian horse sector, reinforce its status as an authentic part of Emirati heritage and the UAE’s national identity. The EAHGC series is held under the follow-up of Sheikh Zayed bin Hamad Al Nahyan, Vice Chairman of the Board of Directors of the Emirates…
George Kurian, Chief Executive Officer of NetApp. NetApp®, the Intelligent Data Infrastructure company, will exhibit at Ai Everything Abu Dhabi 2026, taking place on October 6 and 7 at ADNEC Centre in Abu Dhabi. The event will also feature George Kurian, Chief Executive Officer of NetApp, who will take part in a fireside chat on the Summit Stage titled, “Can AI Be Trusted? The New Architecture of Sovereign, Secure and Safe AI.” As AI moves from generating answers to taking action across the enterprise, Kurian will explore why trust must extend beyond the model to the data, infrastructure and systems…
The Dubai Civil Court ruled that a bank transfer alone does not create a debt, but Dh9.99 million in undelivered company shares was enough to prove an obligation Dubai: A former friendship between two men ended in a multi-million dirham legal dispute after one of them demanded that the other return about Dh14.6 million, which he said were funds he had transferred to him during years of financial dealings between them. After an expert review and consideration of the case, the court ruled that the defendant must return Dh9.99 million, the value of shares in a company that he did…