Recent Posts

Oil gains on US inventory drop

Bloomberg Oil gained after suffering its biggest drop on the day of an Opec meeting in more than four years. Futures rose 0.8 percent in New York after an industry report showed US oil inventories fell by almost 5 million barrels last week. Prices were still far from recouping the 4.8 percent decline, when concerns about the global economy overshadowed ...

Read More »

AED240mn Albania infrastructure projects launched, says ADFD

TIRANA / WAM Abu Dhabi Fund for Development, ADFD, has launched infrastructure projects in Albania valued at AED240 million ($65 million). A delegation of the fund led by Adel Al Hosani, Director of Operations Department at ADFD, participated in the official inauguration of the final phase of ADFD funded projects in capital Tirana, the Tirana Northern Boulevard and Tirana River ...

Read More »

UAE central bank issues commemorative coin

ABU DHABI / WAM Central Bank of the UAE has issued a commemorative silver coin and a commemorative one Dirham coin, on the occasion of celebrating the 50th anniversary of establishment of Commercial Bank of Dubai (CBD) with effect from Wednesday, July 3. A bank press release said the obverse face of the coin depicts the logo of the occasion ...

Read More »
Send this to a friend