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FINANCIAL NEWS
UAE leads by example in handling economic crisis
09 Nov 2015
(MENAFN) UAE has preserved its reputable position among regional and global countries as being a consistent supplier of oil despite a fall in oil prices by more than 50 percent in the last one year.
Additionally, the oil-rich nation is fully committed to grow oil production to 3.5 million barrels per day, not to mention its vital role in maintaining the market’s stability and balance, as its officials stressed.
Furthermore, the country’s authorities are very optimistic about oil prices in terms of bouncing back in 2016, and they stress about the fact that the market will decide that and everyone has a role to play in it.
UAE has always shown commendable attitude in handling regional crisis that may have affected it, by consistently implementing well-studied measurers and strategies thanks to world-class infrastructure.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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