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The UAE is expected to remain one of the Middle East’s strongest economies in 2026, even with lower oil prices and regional uncertainties. Non-oil sectors, like private businesses in Dubai, infrastructure projects in Abu Dhabi, and tourism in the northern emirates, are driving most of this growth. A recent S&P Global report shows the UAE’s […]

The UAE announced the fuel prices for February 2026 on Saturday, January 31. Compared to January, petrol prices have slightly dipped across all variants. The new rates, effective from February 1, 2026, are: The UAE has been linking fuel prices to international rates since petrol price deregulation in 2015, ensuring prices reflect global market trends.

Dubai: Fuel prices in the UAE for February 2026 are expected to be announced soon. After petrol and diesel rates dropped in January, global crude oil prices have started to trend upward again toward the end of the month. This rebound in oil markets could directly impact fuel costs at the pump for motorists. Current

Oil markets steady as analysts say excess supply, not politics, is driving prices Dubai: UAE drivers are unlikely to face an immediate increase in petrol or diesel prices despite ongoing political unrest in Venezuela. Analysts say global oil markets remain well supplied, which is helping absorb geopolitical shocks and keeping fuel prices stable. Vijay Valecha,

The UAE economy is gearing up for another high-performance year, with updated projections signaling accelerated growth across trade, manufacturing, logistics, and non-oil industries. The outlook reinforces the UAE’s position as a resilient, well-diversified economic engine and a strategic hub for global commerce. Revised forecasts from Standard Chartered indicate that the UAE’s GDP is expected to

Venezuela’s state-owned oil company, PDVSA, has been unable to ship crude oil to Asian markets for the fifth day in a row. The pause comes as the United States continues strict oil sanctions, often described as an “oil quarantine,” which is blocking tanker movements in and out of Venezuela. While exports to Asia remain frozen,

Depending on your vehicle, filling up a full tank of petrol in January 2026 will cost a little less than it did in December 2025. The UAE announced the new fuel prices for January 2026 on Wednesday, December 31. The Fuel Prices Monitoring Committee has reduced the rates, giving drivers a welcome relief at the

The UAE has announced the new petrol and diesel prices for January 2026, effective from January 1. After a rise in December, the new rates bring slight adjustments for different fuel types. Since 2015, the UAE has deregulated fuel prices to keep them in line with global market rates, ensuring transparency and fair pricing for

Dubai: UAE drivers are entering 2026 with some relief at the pump after a year of sharp fuel price swings. January opened with noticeable drops across petrol and diesel grades, giving households a break after months of volatility and raising hopes that transport costs could ease. Global oil trends also point in a favorable direction.