Shroff arrived in the UAE in 1960 and went on to build one of the region’s most recognised textile businesses, starting with a single trading store before expanding across the Gulf ...

Dubai's aviation hub faces an existential threat from the war in the Middle East. But what many don't know is that before ...

US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil prices ...

UAE leaving Opec is rooted in strategic logic rather than sudden divergence. The world will not be surprised if other members ...

It’s UAExit as the United Arab Emirates will leave Opec on 1 May, in a blow to the group of oil producers ...

A keen entrepreneur and a well-known philanthropist, Vasu Shroff built temples, schools, and cremation grounds while furthering the Regal department store ...

Several international airlines announced they're cutting summer flights to save on costs, and that's leaving travelers with ...

OPEC has weakened with the exit of United Arab Emirates, losing a key producer with spare capacity and reducing its ability ...

The United Arab Emirates (UAE) has announced that on May 1, it will leave both the Organization of the Petroleum Exporting Countries (OPEC) and the larger OPEC+ group. By withdrawing, the UAE will now ...

The UAE will become the largest oil producer to depart ​OPEC, a heavy blow to the organization and its de facto leader Saudi ...

The United Arab Emirates’ decision to withdraw from the Organization of Petroleum Exporting Countries will leave the oil cartel weakened at a crucial time. It also illustrates the ongoing tensions ...

The United Arab Emirates will withdraw from the Opec and Opec+ oil cartels to focus on “national interests”, it announced yesterday, causing fresh shockw ...