Dubai / Reuters OPEC members have argued for decades over whether they should monitor output or exports to gauge compliance with oil-output cuts. This month, Saudi Arabia has thrown a third metric – supply – into the debate. The move saw oil prices declining, with confused traders fearing Riyadh would pump more crude, thus complicating OPEC’s efforts to reduce ...

  DUBAI / WAM The Securities and Commodities Authority (SCA) issued a certificate completing the merger of the First Gulf Bank (FGB) and the National Bank of Abu Dhabi (NBAD). The SCA has set March 30 as the last date for trading the respective shares of the two banks ahead of starting trading of new shares on Abu Dhabi Securities ...

  ABU DHABI / Reuters Abu Dhabi investment firm Waha Capital PJSC is in talks with potential partners in Saudi Arabia as it looks to diversify investment in some key sectors outside the United Arab Emirates (UAE), its chairman said. Saudi Arabia is opening its economy to foreign investment as part of its 2030 vision whereby the Middle Eastern country ...