Bloomberg Oil traded near a five-week high as investors weighed the nascent recovery of demand against concerns about a resurgence in coronavirus cases if lockdowns are relaxed too early. The head of the International Energy Agency (IEA) said oil use will be below pre-coronavirus levels for at least a year, highlighting the depth of the collapse in consumption. The top ...

ABU DHABI / WAM The value of Abu Dhabi’s foreign trade in pharmaceutical and pharmacist products during the first quarter of this year was AED799,708,774, distributed to imports at the value of AED589,064,123, exports at AED85,604,268, and re-exports at the value of AED125,040,383. In a statement by the General Administration of Customs on Wednesday, the total weight of Abu Dhabi’s ...

Abu Dhabi / WAM The UAE has strongly condemned the terror attack that targeted a hospital in the Afghan capital Kabul and another that targeted a funeral, resulting in numerous deaths and injuries. The Ministry of Foreign Affairs and International Cooperation expressed in a statement its utter denunciation of these criminal acts and rejection of all forms of violence, which ...