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Oil declines as virus fears intensifies beyond China

Bloomberg Oil fell as the coronavirus outbreak accelerated beyond China, intensifying concerns about the infection’s economic fallout. Futures fell 0.9% in New York. China revised how it calculates infection totals for the third time this month, raising questions about data reliability and confirming the virus’s growing reach. Meanwhile, a key IHS Markit gauge of factories and service providers in the ...

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Strata outlines vision to expand its manufacturing capabilities

ABU DHABI / WAM Strata Manufacturing (Strata), the advanced composite aero structures manufacturing facility wholly-owned by Mubadala Investment Company PJSC, outlined its ability to expand production capabilities beyond traditional aerospace at the Unmanned Systems Conference in Abu Dhabi. At the conference, which took place on Saturday at Abu Dhabi National Exhibitions Centre (Adnec), Ismail Ali Abdulla, the CEO of Strata, ...

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Dafza’s pavilion sees huge turnout during Gulfood 2020

Dubai / emirates business The Dubai Airport Freezone Authority (Dafza) announced the conclusion of its participation in Gulfood 2020, the region’s largest food and beverage processing industry event. The event was held at the Dubai World Trade Center (DWTC) between February 16-20. Dafza’s pavilion witnessed a huge turnout from various stakeholders seeking to explore different services provided by the free ...

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