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Young: OPEC Exit is UAE Taking an Independent Stance
The UAE's decision to quit OPEC has been driven by its worsening rift with Saudi Arabia. Abu Dhabi is now also considering its membership of regional bodies, including the Arab League and the Organization of Islamic Cooperation, and is reassessing its role in the GCC. Karen Young, Senior Research Scholar in the Center on Global Energy Policy, Columbia University spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on the oil market reaction to this move. Original filen...
Dubai gold prices drop again, 24K now down Dh41 from April peak
Dubai: Gold prices in Dubai slipped again on Thursday morning, giving jewellery buyers and investors a lower entry point after a volatile April that saw rates climb to fresh highs before pulling back sharply in the final week. (Check latest UAE gold prices , alongside prices in , , , , , and .)Sign up for our daily business newsletter, Cheques & Balances.At 10.13 am, 24K gold stood at Dh547.25 per gram, down from Dh548.25 on Wednesday, while 22K gold fell to Dh...
Oil prices race to highest level since 2022 over fears of Iran war escalation
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The $13bn World Cup: how the numbers stack up on Fifa’s 2026 balance sheet
The earnings from the tournament in the US, Mexico and Canada will make it the most lucrative competition in the history of sport, even if some of the 48 competing countries say they are struggling to make ends meetA World Cup that Fifa’s president, Gianni Infantino, billed at the draw last December as “the greatest event that humanity has ever seen” will certainly be the most lucrative competition in sporting history.Fifa has spent the last few years upgrading its revenue projections, with the...
UAE launches digital bank account opening for tourists through Tourist Identity initiative - Emirates 24|7
UAE launches digital bank account opening for tourists through Tourist Identity initiative Emirates 24|7
How rising jet fuel prices are driving up the cost of fighting wildfires
The Iran war has nearly doubled jet fuel prices in the United States. That means the bill for firefighting aircraft operations this summer will likely rise by tens of millions of dollars.(Image credit: Justin Sullivan)
Oil Hits Wartime High on Report US Eyeing Iran Military Options | Daybreak Europe 04/30/2026
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Brent crude rallied to a wartime high, spiking above $126 a barrel, after Axios reported that US President Donald Trump is being briefed on options for new military action in Iran. Nasdaq 100...
Iran War Splits Asia’s Diesel Market Into Haves and Have-Nots
The war in the Middle East has left Asian buyers grappling with a two-speed diesel economy, as poorer states face acute shortfalls, while wealthier nations with large refining industries enjoy sizable buffers.
Big EPFO update: Minimum pension may rise 7.5 times, ATM withdrawals soon
Big EPFO update Minimum pension may rise times ATM withdrawals soon
BNP Paribas CFO: Took Provisions Against Macro Uncertainty
The BNP Paribas CFO cited a ‘wait-and-see’ attitude from corporates in the first-quarter, and argued he took provisions against the macroeconomic uncertainties. That’s after France’s largest bank reported net income that beat estimates in the first quarter, driven by a strong performance in equities trading. The CFO Lars Machenil spoke exclusively to Bloomberg Television on the ‘Opening Trade’. (Source: Bloomberg)
UAE announces fuel prices: How much will a full tank cost in May 2026?
The UAE on Thursday, April 30, announced the fuel prices for the month of May 2026, with the Fuel Prices Monitoring Committee increasing the rates as the Middle East conflict continued.The UAE's Ministry of Energy-approved fuel prices are determined monthly based on the average global oil price, after adding distribution companies' operating costs. The new rates will apply from May 1 and are as follows:Stay up to date with the latest news. Follow KT on WhatsApp Channels.Depending on th...
EPFO Big Change: 7500 रुपये पेंशन... बंद पड़े PF खाते होंगे एक्टिव, जानें EPFO क्या-क्या बदलने वाला है?
EPFO Big Change PF EPFO
Oil price tops $120 a barrel after Trump warns Iran blockade could last ‘months’
Oil markets spooked as US president appears willing to maintain US Navy blockade and Iran keeps strait of Hormuz all but shut The price of Brent oil soared above $126 a barrel on Wednesday, its highest level since 2022, after Donald Trump warned the US blockade of Iranian ports could last months and peace talks remained stalled.Surging more than 13% in 24 hours, Brent crude hit a record price since the war began on 28 February. Not since Russia’s 2022 invasion of Ukraine has Brent topped $120, w...
Asean Vows to Avoid Export Bans, Share Fuel as Oil Prices Soar
The Association of Southeast Asian Nations vowed to avoid trade restrictions and push ahead with a fuel-sharing scheme as the region grapples with a spike in oil prices and supply disruptions due to the Iran war.
How Kazakhstan's digital transformation fuels GDP leap
Kazakhstan is building an economy that blends traditional strengths with a focus on technology, underpinned by its growing role as a Central Asian trade and logistics hub. Already the region’s largest economy, the country recorded GDP growth of 6.5 per cent in 2025, driven by expansion in industrial production, transportation and construction. In the international arena, 2025 marked ten years of WTO membership for Kazakhstan, a period which has seen foreign trade grow from $76 billion to $142 bi...
Cognizant may lay off 4,000 employees, is AI the reason?
Cognizant may lay off employees is AI the reason
Asia Growth at Risk as Oil Surges to Wartime High | Insight with Haslinda Amin 04/30/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
PSX plunges over 4,700 points as bears maintain control
Bears continued to dominate the trading floor at the Pakistan Stock Exchange (PSX) on Thursday as the KSE-100 plunged by over 4,700 points during intraday trade. KSE-100 declined by 4,786.92 points or 2.89 per cent to stand at 161,036.95 points from the previous close of 165,823.87 points. PSX remained under selling pressure for a third consecutive session on Wednesday, as investors stayed wary of the economic outlook and corporate earnings disappointed expectations. Rising global oil prices ami...
From TDS mismatches to capital gains errors: 3 risks under Income Tax Act 2025
From TDS mismatches to capital gains errors risks under Income Tax Act
ECB Set to Hold Rates as Policymakers Assess War Impact
A unanimous survey of economists said the European Central Bank is set to keep interest rates unchanged at 2% on Thursday, as policymakers continue to weigh the economic impact of the Iran war. Bloomberg's Oliver Crook reports from Frankfurt. (Source: Bloomberg)