Shabwah / WAM The Emirates Red Crescent (ERC), distributed emergency relief aid to the people of Khourah area in Shabwa province, Yemen, to alleviate the suffering of Yemeni people. Emergency aid included 1,000 food baskets containing basic food items. Sultan Al Nuaimi, ERC representative in Shabwa, emphasised the importance of this assistance in providing daily necessities, pointing out the authority’s ...

Sharjah / WAM The Sharjah Chamber of Commerce and Industry (SCCI), concluded the activities of its trade mission to the WorldFood Exhibition in Moscow, which it organised in cooperation with the Federation of UAE Chambers of Commerce and Industry. The SCCI, which was represented by the Sharjah Exports Development Centre, attended the activities of the exhibition. The trade mission was ...

Bloomberg After years of easy money, many of the world’s biggest oil traders are enduring a brutal new reality. Traders have been wrong-footed by wild swings in price spreads between oil grades, particularly in the US market. Amid dwindling profits, trading desks are being overhauled, with some firms restructuring their operations and paring budgets designed for better times. It’s a ...