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Fujairah oil product stocks edge up 0.7% on build in heavy residues

FUJAIRAH / WAM Refined product inventories at the Middle Eastern hub of Fujairah edged up 0.7 percent in the week to Monday, led by a nine percent jump in stocks of heavy residues, according to data obtained exclusively by S&P Global Platts from the Fujairah Oil Industry Zone at the Port of Fujairah. Oil products stocks totalled 22.956 million barrels ...

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‘UAE-Russian forum’ seeks to enhance joint strategic ties

SHARJAH / WAM The UAE-Russian Business Forum held in Sharjah and organised by the Sharjah Economic Development Department (SEDD), in cooperation with the Ministry of Energy and Industry, discussed ways to enhance the strategic partnership between the two countries and focused on the importance of benefiting from the economic, commercial and large investment elements of both sides. It was also ...

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UAE launches ‘food research platform’

DUBAI / WAM The UAE Food Security Office launched the open “Food Research Platform” – the first-of-its-kind in the region – with the new portal now accessible on the official website of the office, aimed at creating a knowledge database for all scientific and practical research carried out in the UAE in the field of food security. The launch coincides ...

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