Business from Saturday, May 3rd, 2025
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OPEC+ agrees another accelerated oil output hike for June
Eight OPEC+ countries meeting on Saturday have agreed to a further accelerated oil output hike for June of 411,000 barrels per day, two sources told Reuters while an online meeting of the countries was under way.
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UAE and Greece in talks to enhance partnership
The UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), Dr. Sultan bin Ahmed Al Jaber, visited Greece as the two countries enhance their comprehensive partnership.
News
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UAE President congratulates Australian Prime Minister on re-electionPresident His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory message to Australian Prime Minister Anthony Albanese on his re-election on Saturday.
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Dubai Police approves division of emirate into "rural" and "urban" zonesDubai Police has approved the division of the emirate into designated “urban” and “rural” zones, aiming to "boost security coverage."
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UAE President congratulates Poland on Constitution Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan sent a congratulatory cable to Andrzej Duda, President of the Republic of Poland, on the occasion of his country's Constitution Day.
