Dubai / WAM The Emirates Foundation launched the first nationwide Kafa’at Internship Fair, 2016, to connect Emiratis with top employers across the UAE and opening up a variety of internship opportunities that align with their career ambitions. Under the patronage of Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Chairman of Emirates Foundation, and …

  Bloomberg The oil-price could recover to $60 a barrel by the end of 2016, said Saudi Arabia’s Energy Minister, just weeks after agreeing to cut supply for the first time in eight years. The world’s largest crude exporter will work with other producers to determine output caps and is “optimistic” about reaching a deal by the end of November, …

  Bloomberg OPEC’s first deal to cut output in eight years has spurred a running of the oil bulls. Prices surged, breaching $50 a barrel, since the Organization of Petroleum Exporting Countries agreed to the cut on Sept. 28 in Algiers. The group, which pumped at a record in September, will decide on quotas for its members at an official …