Business News from Monday, September 15th, 2025
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UAE, Egypt sign $30 million deal to drill oil & gas wells in Suez Gulf
UAE-based Dragon Oil, owned by the Emirates National Oil Company, has signed an agreement worth $30 million with the Egyptian General Petroleum Corporation to drill two new oil and gas wells in the Gulf of Suez.
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Asian businesses account for 58% of Dubai International Chambers in H1
Dubai International Chamber has said that 58 per cent of the multinational companies (MNCs) it attracted to the city during H1 2025 came from Asia.
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UAE cabinet approves economic clusters plan, government meetings agendaHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, chaired a cabinet meeting at Qasr Al Watan in Abu Dhabi, where several key decisions were approved.
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UAE evacuates 119 patients from Gaza in latest humanitarian missionThe UAE has conducted a new medical evacuation from Gaza, airlifting 119 patients and injured individuals, along with their family members, in coordination with the World Health Organisation.
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UAE supports roadmap agreement to resolve crisis in Syria's SweidaThe UAE has welcomed Syria's announcement on reaching a roadmap to resolve the crisis in Sweida governorate, commending the efforts of Jordan and the US in achieving this outcome.
