Local energy experts are sceptical whether or not the new deal by Organisation of Petroleum Exporting Countries (OPEC) will stick. On Wednesday, the OPEC agreed to the first cut in oil output in eight years. The move, which is aimed at boosting the price of oil, will see production cut by about 1.2 million barrels a day from January. Ed Bell, Commodities Analyst for Emirates NBD, is wary of OPEC members adhering to the deal.
Listen in

UAE tightens anti-fraud rules, sets 24-hour deadline to withdraw fake goods
Apple facing $2.7 billion UK lawsuit over 'unfair' app tracking rules
Middle East Energy 2026 opens in Dubai
Shein shares slide in Hong Kong debut on worries about trade, regulatory risks
DWTC gears up for packed calendar of events and exhibitions
