Friday , 12 June 2026

Recent Posts

Oil caps longest losing streak since 2019 on Fed taper signal

Bloomberg Oil capped the week with the longest losing streak since 2019 as the dollar strengthened after the Federal Reserve signaled it will start tapering stimulus and the virus resurgence raises doubts about demand growth. West Texas Intermediate futures ended the session 2.2% lower, tumbling for a seventh day and extending the week’s decline to 8.9%. Other raw materials including …

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HCHF concerned over crisis in Afghanistan

ABU DHABI / WAM The Higher Committee of Human Fraternity (HCHF) is following the situation in Afghanistan with great concern and hoping that the key actors there will advance the aspirations of the Afghan people to live dignified and peaceful lives. The HCHF called for protecting human rights, guaranteeing public and individual freedoms, and, in particular, safeguarding the rights of …

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EU to provide additional funding of €41 million to fight pandemic

BRUSSELS / WAM The EU will provide €41 million to help low and middle-income countries facing an unprecedented health, humanitarian and socio-economic crisis as the Covid-19 pandemic continues to persist, combined with the imbalance in the delivery of vaccines. To help countries in Latin America and the Caribbean, the Middle East and Asia tackle the consequences of the pandemic, the …

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