ABU DHABI / Emirates Business The Department of Municipalities and Transport (DMT) in Abu Dhabi announced that the total value of real estate transactions in Abu Dhabi during 2019 reached AED58 billion as 19 thousand transactions were completed. The transactions included sales and mortgages of lands, buildings and real estate units. A report issued by DMT on the indicators of ...

Bloomberg Oil rose for a third day after Saudi Arabia pushed for a deeper output cut than Organisation of Petroleum Exporting Countries (Opec’s) technical committee recommended a day earlier. The Saudis are looking for a cut of more than 1 million barrels a day, after the Joint Technical Committee suggested an supply reduction of 600,000 to 1 million barrels a ...

WASHINGTON / WAM The World Bank Group announced it is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of the global outbreak of coronavirus, (Covid-19). In a statement, the World Bank said as the virus reached more than 60 countries, “This financing is designed to ...