Search Site

Trends banner

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

UAE forms new law to punish erring ministers and officials

  • People can submit complaints directly to the public prosecution
  • Those accused may see their travel permits revoked, and even assets frozen

The United Arab Emirates has framed new legislation to increase transparency among its ministers and senior officials.

UAE Vice-President Sheikh Mohammed bin Rashid Al Maktoum has announced on Twitter that President Sheikh Khalifa bin Zayed Al Nahyan has issued a decree law in this regard.

Sheikh Mohammed, also the prime minister and ruler of Dubai, said people could submit complaints — against ministers or senior officials who they feel are violating rules — to the public prosecution.

Those accused may see their travel permits revoked, and even assets frozen, he said, adding that anyone found guilty could also be relieved of their job.

He concluded: “Transparency is our priority in UAE. [sic]”

Read his tweets here:

The UAE is currently ranked 21 out of 180 countries in the Corruption Perceptions Index for 2020, as issued by global anti-corruption watchdog Transparency International.

Having obtained a score of 71 out of a possible 100, it is well above most — if not all — the countries in the region in transparency on that count.