DUBAI / WAM Enoc group announced the signing of an agreement with Japan’s Idemitsu for the supply and distribution of lubricants in the UAE and neighbouring countries. The agreement enables Enoc to produce lubricants for Idemitsu and its customers such as the original equipment manufacturer (OEM), for Toyota, in addition to managing the supply and distribution of lubricants. Ensuring a ...

Bloomberg Oil extended declines to the lowest in a year on fears the fast-spreading coronavirus will take a major toll on the global economy. Futures in New York fell 1.4% after plummeting more than 7% over the previous three sessions. Top US health officials warned of a domestic outbreak of the infection, triggering another sell-off on Wall Street and in ...

Abu Dhabi / WAM Sultan bin Saeed Al Mansoori, UAE Minister of Economy, discussed ways to further develop economic cooperation frameworks with Mexico during a number of bilateral meetings held with Mexican ministers and other government officials, in connection with UAE delegation’s participation in the “Mexico-UAE Business and Trade Forum” hosted by Mexico. During Al Mansoori’s meeting with Miguel Torruco ...