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Brent Oil Prices Hover Above $100/bbl, Set for Weekly Rise

Brent: Oil prices hovered above $100 per barrel on Friday while heading for their fourth consecutive weekly increase. Brent futures advanced 37 cents, or 0.37 percent, to $101.06 a barrel at 0330 GMT. This follows a significant rise in the previous se…

Korea Extends Fuel Tax Cuts Amid Middle East Tensions

Abu dhabi: The Republic of Korea will maintain reduced fuel tax rates through the end of September, the finance ministry announced Friday, amid renewed geopolitical tensions in the Middle East.

According to Emirates News Agency, the current tax redu…

EasyLease Reports AED44.9 Million Net Profit in H1 2026

Abu dhabi: EasyLease PJSC, a subsidiary of IHC, on Friday announced its financial results for the six months ended 30th June 2026, reporting a 38.2 percent year-on-year increase in net profit to AED44.9 million and a 14.8 percent increase in revenue t…

EU Fines Google £890 Million Over Antitrust Violations

Abu dhabi: The European Union on Thursday imposed fines totaling £890 million ($1 billion) on Google, in a decision that could intensify tensions with the United States.

According to Emirates News Agency, the EU penalized the US tech giant £460 mi…

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