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Opec+’s new capacity audit, explained
The move aims to tie future quotas to what each country can actually produce
THIS MORNING: Paramount’s Warner Bros. offer gets Adia backing? + Adnoc in talks to acquire Sefe’s trading unit
Plus: GCC aims to finalize joint air defense shield soon
Dubai introduces tighter regulations for trading petroleum products
The Dubai Supreme Council of Energy will oversee petroleum products trading
GulfNav finally seals AED 3.2 bn acquisition of Brooge’s assets
The acquisition puts GulfNav on course for a projected paid-up capital of about AED 3.5 bn
THIS MORNING: December will be a busy month for travel + Non-Emiratis can now foster children under new amendments
Plus: Ripple stablecoin gets ADGM approval
Emsteel + Adnoc Gas sign 20-year gas supply agreement
The company is boosting its efforts to reduce emissions across its operations
THIS MORNING: Driverless taxis are now on Uber in Abu Dhabi + ENBD CEO breaks down plans post-acquisition of RBL
Plus: Petrofac files for insolvency for its Middle East unit
THIS MORNING: Airtel Money looks set for a UAE IPO in 2026 + New mall coming?
Plus: Petrofac UAE projects are on track despite layoffs
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