ABU DHABI / WAM President His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, congratulated the citizens and ...

Bloomberg Crude posted its first weekly gain in a month as global production cuts start to lift physical markets. Futures in New York rose 17% this week. Oil companies have announced major production closures with Chevron Corp. saying it will shut as much as 400,000 barrels of daily output and Exxon Mobil Corp. reporting it will cut rigs in the ...

ABU DHABI / WAM The UAE’s twin bourses continued on their bullish trend backed by upbeat sentiments which manifested themselves in the listed companies gaining around AED33.6 billion ($9.5 billion) in market cap since the beginning of Ramadan, with the mouthwatering prices of the majority of defensive stocks and blue chips driving the buying spree. The general index of the ...