Bloomberg Benchmark indexes in the United Arab Emirates (UAE) climbed the most in the Middle East, tracking global stock rallies on optimism surrounding the rollout of coronavirus vaccines. Indexes in Oman and Israel also rise, while the main gauge in Egypt was unchanged. The Tadawul All Share Index in Riyadh dropped the most in the region, with 20 out of its …

Bloomberg As one of the most tumultuous years in oil’s history ends, a delicate task now lies ahead for Opec+. The alliance of producers led by Saudi Arabia and Russia must decide whether it can continue to restore crude supplies without disturbing the price recovery they spent most of 2020 working to achieve. Moscow believes that the group — which …

Bloomberg China and the US can open a “new window of hope” in bilateral ties in the new year, Foreign Minister Wang Yi said, urging Washington to resolve disputes through dialogue. “Our US policy will maintain continuity and stability and we are willing to develop China-US relations in a coordinated, cooperative and stable manner with the American side,” Wang was …