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MENA students join SAWA summer event in Sharjah

  Sharjah / Emirates Business Students from the Middle East and North Africa will, for the first time, took part in the second edition of the cross-cultural SAWA Summer School initiative, held recently at the Sharjah Museum of Islamic Civilization. A joint collaboration between Sharjah Museums Department, Goethe-Institut Gulf Region, Staatliche Museen Berlin – Stiftung Preußischer Kulturbesitz and University of ...

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Iran says too early to discuss oil freeze

  Bloomberg It will be too early for Iran to discuss freezing crude output when the world’s biggest producers meet later this month in Algiers, according to an official from the Persian Gulf nation’s state-oil company. Iran will be ready to decide on capping production once output reaches the level it was before international sanctions were imposed on the country, ...

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Oil rises as data signals crude inventories drop

  Reuters Oil advanced as weekly industry data showed U.S. crude inventories declined, trimming supplies that are at the highest seasonal level in at least 30 years. Futures climbed as much as 2.2 percent in New York after rising 5.4 percent the previous three sessions. Crude stockpiles fell by 12.1 million barrels last week, the American Petroleum Institute was said ...

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