Bloomberg Oil rose along with many other commodities as optimism over Chinese demand countered concerns over a global economic slowdown. West Texas Intermediate increased as much as 1.5% on Friday, and were heading for a third straight weekly gain. Trafigura group sees “a lot of upside” for oil markets as pent-up demand is unleashed, esp cially as Chinese consumption rebounds. …

  Abu Dhabi / WAM “Extreme Weekends” has started at the Sheikh Zayed Festival in Al Wathba area. Attended by an intense crowd, the annual event is set to become another hit for visitors this year. The first day of the show welcomed motor cross and car drifting sports fans with impressive stunts and routines performed by international motorcyclists and …

  Dubai / WAM A total of 2,786 real estate transactions worth over AED8.4 billion were conducted during the week ending January 27, according to figures released by the Dubai Land Department (DLD). The DLD report showed that 285 plots were sold for AED1.7 billion, while 2,043 apartments and villas were purchased for AED4.43 billion. The top three transactions were …