ABU DHABI / WAM The UAE expressed its support for the Saudi Arabian foreign ministry’s statement regarding Jamal Khashoggi. In a statement on Saturday, the Ministry of Foreign Affairs and International Cooperation expressed its confidence in and support for the Saudi judiciary, as well as Saudi Arabia’s commitment to enforcing the law with transparency and integrity, and holding those responsible ...

Bloomberg The decline of Angola, from being Africa’s top crude producer five years ago to barely pumping more than war-torn Libya, shows the heavy toll of a slump in oil-industry investment. The nation’s production has fallen by more than a third since 2015, when international oil companies started slashing investment in response to a plunge in crude prices. Despite government ...

SHARJAH / WAM The Hamriyah Free Zone Authority (HFZA) has signed an investment agreement with Medtra, one of the world’s major companies in the production and manufacturing of healthcare equipment and products, to expand Medtra’s operations in the Mena markets. Under this agreement, Medtra, which operates in 40 countries, is set to invest some AED 100 million in HFZA through ...