DUBAI / WAM The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai, signed two separate agreements with the Abu Dhabi Commercial Bank (ADCB), and Mashreq Bank to ensure the provision of banking services to e-traders. The agreements will ensure stronger banking support and smooth transactions for holders of e-Trader licenses, laun-ched by DED ...

Bloomberg Oil rose to a level last seen in late 2014 after US crude stockpiles tumbled by the most since September 2016. Domestic crude inventories declined by 9.89 million barrels last week, while refiners boosted oil processing rates and exports soared to a record, the Energy Information Administration said. Oil stored at the key pipeline hub in Cushing, Oklahoma, shrank ...

ABU DHABI / WAM Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, announced that its project to develop a bauxite mine and associated export facilities in the Republic of Guinea, West Africa, has reached 50 percent construction completion. Over 4,000 Guineans, 90 percent from the Boké region, are currently working to construct the ...