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Oil steadies after slump as traders remain wary over supply risks

Bloomberg Oil steadied after another sharp pullback as traders remained wary over whether supplies will be sufficient to cover a range of global disruptions. Futures in New York traded near $68 a barrel, having tumbled 4.2 percent as Libya restored output at some fields and the US signalled it may take a slightly softer approach with sanctions on Iranian exports. ...

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Dubai real estate brokerage commissions hit AED571mn

DUBAI / WAM Dubai Land Department (DLD) announced that the real estate brokerage commissions reac-hed AED571 million during the first half of 2018, with a total of 5,181 active brokers, representing 2,113 offices, contributing to the sustainable growth achieved by the sector. The Department of Real Estate Studies and Research of the DLD also reported that the activities of the ...

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DMCC inks deal to boost China trade in Dubai

DUBAI / WAM DMCC, the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, has signed an MoU with the Royal Fund Investments (RF) to cement strong bilateral trade relations with Chinese business community. The MoU commits both parties to connect and provide attractive business solutions for Chinese corporates looking to set up in Dubai ...

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