Recent Posts

JMMC: Opec, non-Opec’s conformity to output adjustments hit 115% in March

VIENNA / WAM The 16th Opec and non-Opec ministerial meeting of the declaration of cooperation (DoC) announced that the overall conformity to the production adjustments was 115 percent in March 2021, reinforcing the trend of high conformity by the participating countries. The meeting reviewed the monthly report prepared by the Joint Ministerial Monitoring Committee (JMMC), including the crude oil production ...

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Sharjah’s Saif Zone, India’s Forpack Industries ink deal

Sharjah / WAM The Sharjah Airport International Free Zone (Saif Zone) has further enhanced and secured its position as a prominent hub for global investors after signing an investment deal with the Indian Forpack Industries, a leading manufacturer of recycled Kraft Board & Coreboard Paper. Under the terms of the deal, Forpack Industries is set to establish its first headquarters ...

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Air Arabia resumes flights to Moscow

Sharjah / WAM Sharjah-based low-cost carrier Air Arabia has announced the resumption of direct flights between Sharjah and Moscow starting May 1. Customers can now book their direct flights between Sharjah and Moscow by visiting Air Arabia’s website, by calling the call centre or through travel agencies. Ensuring the highest standards of safety at every step of the journey by ...

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