Bloomberg Algeria’s energy minister supports extending global oil production cuts to the end of the year as the strategy is succeeding in reducing global inventories. Russia is moving ahead with its own reductions to curb a global glut. “We are making progress in balancing the market,” Algeria’s Noureddine Boutarfa told reporters Saturday as ministers are meeting in Kuwait City …

  ABU DHABI / WAM Abu Dhabi General Services Company ‘Musanada’ announced that it has finalized redrafting service provider contracts as part of its efforts to meet sustainability criteria for government resources and assets, that aligned with the objectives of Abu Dhabi Plan related to achieving highest government resource and asset sustainability standards by implementing best international standards related to …

  DUBAI / WAM The UAE International Investors Council held its third general assembly and a meeting of its board of directors to discuss a range of issues and future plans. Sultan bin Saeed Al Mansouri, Minister of Economy and the chairman of the board of directors of the Council, who chaired the two meetings, highlighted the vital role of …