Bloomberg Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in physical crude buying. Futures in New York advanced $3.72 this week and Brent oil topped $55 a barrel for the first time since February. Saudi Arabia’s pledge earlier this week to cut production by 1 million barrels a day ...
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AED10 billion infra projects underway in UAE east coast
DUBAI / WAM Infrastructure projects valued at AED 10 billion are currently underway along the East Coast of the UAE, said Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure. The project are part of the 2018-23 five year plan, which includes the ministry’s investment programme and the projects undertaken by the Follow up Committee of the Initiatives of ...
Read More »Indonesian plane feared to have crashed with 62 aboard
JAKARTA / WAM/Reuters A Sriwijaya Air plane with 62 people on board lost contact after taking off from Indonesia’s capital Jakarta on a domestic flight on Saturday and rescuers said suspected debris had been found in the sea off the city, Reuters reported. The Boeing 737-500, en route to Pontianak in West Kalimantan, disappeared from radar screens after taking off ...
Read More »India’s oil usage declines for first time in 21 years
Bloomberg India’s petroleum consumption fell for the first time in more than two decades in 2020 as the coronavirus pandemic shuttered businesses and factories, hurting demand from one of the world’s largest users of the fuel. Total petroleum demand declined 10.8% last year from 2019, and was at a five-year low of 193.4 million tons, according to Bloomberg calculations of ...
Read More »Dubai’s foreign trade recovering with steady growth momentum
DUBAI / WAM In support of the UAE’s sustainable economic development, Dubai Customs has been able to meet the challenges of the global economic recession arising out of the Covid-19 pandemic. “The year 2020 saw new pioneering achievements for Dubai Customs in terms development of Customs work processes and innovation of new solutions and initiatives to ensure the smooth flow ...
Read More »DHA adds new centre for Pfizer vaccine
DUBAI / WAM The Dubai Health Authority (DHA) has announced the addition of a seventh centre offering the Pfizer-BioNTech vaccine, as part of its COVID-19 vaccination campaign. Dr Farida Al Khaja, CEO of Clinical Support Services and Nursing Sector at the DHA and Chairperson of the COVID-19 Vaccination Steering Committee, said the DHA has added Al Safa primary healthcare centre ...
Read More »Infra projects worth AED10bn under way in UAE’s East Coast
DUBAI / WAM Infrastructure projects valued at AED 10 billion are currently underway along the East Coast of the UAE, said Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure. The project are part of the 2018-23 five year plan, which includes the ministry’s investment programme and the projects undertaken by the Follow up Committee of the Initiatives of ...
Read More »Covid-19: UAE reports 2,264 new recoveries
Abu Dhabi / WAM The Ministry of Health and Prevention (MoHAP) announced that it conducted 168,770 additional Covid-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, the ministry stressed its aim to continue expanding the scope of testing nationwide to facilitate the early detection of coronavirus cases part of its intensified testing campaign, MoHAP ...
Read More »Collection of Sheikh Mohammed’s stories for children launched
ABU DHABI / WAM The Government of Dubai Media Office (GDMO), in partnership with Al Hudhud Publishing and Distribution, on Saturday launched ‘My Little World’, a collection of five stories written by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, based on his early life experiences. Blending engaging storytelling ...
Read More »DHA adds new centre for free Pfizer vaccine
Dubai / WAM The Dubai Health Authority (DHA) announced the addition of a seventh centre offering the Pfizer-BioNTech vaccine, as part of its Covid-19 vaccination campaign. Dr Farida Al Khaja, CEO of Clinical Support Services and Nursing Sector at the DHA and Chairperson of the Covid-19 Vaccination Steering Committee, said the DHA has added Al Safa primary healthcare centre to ...
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