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Saudi hopes to extend Opec production cuts by early July

Bloomberg Saudi Arabia hopes Opec and its allies will agree to extend oil production cuts into the second half of the year at a meeting that will probably take place in the first week of July, according to the country’s energy minister. “We are hoping that we will reach consensus to extend our agreement when we meet in two weeks ...

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DFM roadshow in New York attracts 21 new institutions

Dubai / WAM The Dubai Financial Market (DFM), International Investors Roadshow in New York 2019 has witnessed significant participation from international investment institutions. The roadshow enabled listed companies to hold 81 one-on-one meetings with senior representatives of 35 international institutions, managing approximately $3.2 trillion in assets. The roadshow was organised last week, in conjunction with the Global Emerging Markets Investor ...

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du launches 5G mobile devices in UAE

Dubai / Emirates Business Next generation connectivity is one step closer for du, from Emirates Integrated Telecommunications Company (EITC), customers with the announcement that the telco is the first to launch 5G-enabled devices in the UAE. Customers will also be able to enjoy du’s 5G network without any additional charges to their existing postpaid plans. du has started selling the ...

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