Traders on Wall Street are awaiting a meeting of the US Federal Reserve this Tuesday and Wednesday. Few expect interest rates to be raised though. The Federal Open Markets Committee statement this week comes as a slew of big firms post their quarterly earnings, including tech giant Apple. Microsoft, Amazon and Alphabet, formally Google, all posted better than expected earnings last week and Apple is expecting revenue to be in the range of AED 179 – 183 billion.
GCAA confirms safe operation of Airbus aircraft
The General Civil Aviation Authority (GCAA) of the United Arab Emirates confirmed on Sunday that all UAE operators of Airbus A319, A320, and A321 aircraft had fully complied with the Emergency Airworthiness Directive issued by the State of Design authority.
OPEC+ set to hold oil output policy steady
OPEC+ will likely leave oil output levels unchanged at its meetings on Sunday, four OPEC+ sources said as the group slows down its push to regain market share amid fears of a looming supply glut.
Dubai sets new rules to regulate petroleum trading
Dubai has introduced new regulations related to the trading of petroleum products across the emirate.
DXB set for a strong year-end travel peak with 10 million guests expected
Dubai International (DXB) is preparing for a strong year-end travel wave, with forecasts indicating over 10 million travellers set to pass through the airport from November 27 to December 31.
Australian delivery workers set to gain minimum pay in landmark deal
Australian food delivery workers are on course to gain minimum pay levels after Uber Eats and DoorDash struck a deal with the country's transport union that is being hailed as a world first.
