UAE to host key OPEC meeting

Friday, 12 July 2019 13:16

The UAE has been chosen to host a key OPEC meeting later this year.

The Joint Ministerial Monitoring Committee meeting will be held in Abu Dhabi in September.

It was announced on Thursday following the release of the 2020 oil market forecasts in OPEC’s July Monthly Oil Market Report.

According to the report, global economic growth is expected to remain steady at 3.2 percent in both 2019 and 2020.

The report added that the second half of 2019 expecting to see "seasonally strong demand" based on "the recent draws in US crude oil stocks."

More from Local News

Earthquake hits Khor Fakkan Coast

An earthquake measuring 2.8 was recorded in Khor Fakkan Coast at 03:03 (UAE time) on 27th April 2024, according to the National Seismic Network of the National Centre of Meteorology (NCM).
Dubai-Sharjah bus services resume

Dubai's Roads and Transport Authority (RTA) has confirmed that its inter-city bus routes connecting Sharjah are now operating normally following recent disruptions to the schedule due to the weather conditions.
Dubai Municipality clarifies 'dead fish' phenomenon

Dubai Municipality has clarified that dead fish that were spotted recently in some water channels in the emirate is a natural phenomenon.
Abu Dhabi court adjourns case of 84 facing terror charges

The next hearing of a case involving 84 people charged with establishing and managing a terrorist organisation in the UAE, has been adjourned to May 2.
UAE President pledges $40 million more towards 'species conservation'

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has pledged an additional $40 million to support grassroots species conservation programmes globally under the MBZ Fund.
Emirati Field Hospital in Gaza completes complex tumour removal

The Emirati field hospital in Gaza has achieved a remarkable medical feat by removing a massive 5kg tumour from a patient's abdomen.
UAE, Austria discuss ways to boost partnership

The UAE and Austria have discussed strategic partnership developments and plans to boost cooperation.
No parking fines in Sharjah's rain-hit areas

Sharjah City Municipality has confirmed that no fines have been imposed on motorists who violated public parking regulations during the recent extreme weather conditions.
Sharjah students to return to on-site learning

All educational institutions in Sharjah will resume face-to-face lessons from Monday, April 29.
Dubai sets up crisis management office to handle health emergencies

The Dubai Health Authority (DHA) has established a Disaster and Crisis Management Office as part of efforts to enhance the health security system in the emirate.
Dubai's bus-on-demand serves new route

Dubai's Roads and Transport Authority (RTA) has expanded its 'Bus on Demand' service to Business Bay following a successful month-long trial.
UAE approves first vertiport for electric flying vehicles

The General Civil Aviation Authority (GCAA) has granted operational approval for the UAE's first vertiport.
UAE welcomes review report supporting UNRWA's 'crucial' performance

The UAE has welcomed a review report on the performance of the United Nations Relief Works Agency for Palestine Refugees (UNRWA), affirming its crucial role in supporting relief and development efforts for the Palestinian people.
All blocked roads reopen in Sharjah days after record rains

The local Emergency, Crisis and Disaster Management Team in Sharjah has confirmed the reopening of all roads, which had been blocked after record rains last week left several parts indundated.
'Very limited' cases linked to water contamination: MoHAP

The Ministry of Health and Prevention has treated a "very limited" number of cases that showed some symptoms of being affected by water contamination.
Dubai Police waives traffic fines incurred on April 16

Dubai Police will drop traffic fines incurred by motorists on April 16 when the city experienced extreme weather conditions.
UAE allocates AED 2 billion to deal with rain-damaged homes

The UAE cabinet has approved a AED 2 billion package to deal with damages to citizens' homes during the recent severe weather conditions.
Over 1,300 firms fined for breaking Emiratisation rules

As many as 1,320 private establishments have been caught violating Emiratisation rules since mid-2022.
UAE, Egypt airdrop more Gaza aid

The UAE and Egypt have delivered another 82 tonnes of aid to the northern Gaza Strip under a joint airdrop operation.
Dubai-Abu Dhabi bus services resume

More inter-city public bus services have been restarted by Dubai's Roads and Transport Authority (RTA), including Route E100 connecting Al Ghubaiba and Abu Dhabi central bus stations.

News

Earthquake hits Khor Fakkan Coast
An earthquake measuring 2.8 was recorded in Khor Fakkan Coast at 03:03 (UAE time) on 27th April 2024, according to the National Seismic Network of the National Centre of Meteorology (NCM).
Dubai-Sharjah bus services resume
Dubai's Roads and Transport Authority (RTA) has confirmed that its inter-city bus routes connecting Sharjah are now operating normally following recent disruptions to the schedule due to the weather conditions.
Dubai Municipality clarifies 'dead fish' phenomenon
Dubai Municipality has clarified that dead fish that were spotted recently in some water channels in the emirate is a natural phenomenon.

UAE to host key OPEC meeting

More from Local News

News

Our Shows

Quick Links

Listen on the Go

UAE to host key OPEC meeting

Share

More from Local News

News

Our Shows

Quick Links

Listen on the Go