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UAE welcomes lifting of ban on flights to Denmark

ABU DHABI / WAM The United Arab Emirates has welcomed the decision by the Kingdom of Denmark to lift the temporary suspension on flights originating from the UAE starting from February 7. The decision by Danish authorities to require travellers from all countries to receive a negative PCR test result 24 hours prior to travel and quarantine for a period ...

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Arab coalition destroys Houthi armed drone towards Saudi

RIYADH / WAM The Joint Coalition Forces have intercepted and destroyed this evening additional bomb-laden UAVs. This was stated by the official Spokesman of the Coalition to Restore Legitimacy in Yemen Brigadier General Turki Al-Malki. “A total of (4) bomb-laden UAVs launched systematically and deliberately by the terrorist Houthi militia to target civilians and civilian objects in the Southern Region ...

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Oil stages remarkable rebound from one year of catastrophe

Bloomberg One year after the first glimmers of the catastrophe awaiting global oil markets — from deserted Chinese cities to grounded jets — crude is staging a remarkable turnaround. The crisis triggered by the deadly coronavirus was the worst the petroleum industry has ever seen. Fuel demand crashed by a fifth, prices slumped below zero, producers fought viciously over customers, ...

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